Principal trader (Code definition) Definition | Legal Glossary | LexisNexis
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GLOSSARY

Principal trader (Code definition) definition

What does Principal trader (Code definition) mean?

A principal trader is a person who: (1) is registered as a market-maker with a recognised investment exchange, or is accepted by the Panel as a market-maker; or (2) is a member firm of a recognised investment exchange dealing as principal in order book securities.

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