non-member traders
- Individuals who speculate or hedge trades on the exchange via a member or privileged trader without holding their own exchange memberships or trading privileges
- The agricultural commodities markets often see non-member traders engaging in speculative activities.
- Without possessing trading privileges, non-member traders must depend on those with memberships.
- A non-member trader wanted to participate in the stock exchange, so he found a member to facilitate the trades.
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