speculator

speculator definition - finance
A trader who attempts to gain a profit for himself, his fund, or his firm from buying and selling futures and options contracts, in contrast to a broker who executes orders on behalf of someone else. Speculators add liquidity and capital to the futures market.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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