- scalper
- A trader who trades for small, short-term profits during the course of a trading session, rarely carrying a position overnight. Chicago Board of Trade glossary————A floor trader who buys and sells quickly to take advantage of small price fluctuations. Usually a scalper is ready to buy at the bid and sell at the asked price, providing liquidity to the market. The term "scalper" is used because these traders attempt to " scalp" a small amount on a trade. The CENTER ONLINE Futures Glossary————A speculator on an exchange floor who trades in and out of the market on very small price fluctuations. The scalper, trading in this manner, provides market liquidity but seldom carries a position overnight. Chicago Mercantile Exchange Glossary
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1. to buy tickets for an event and sell them again at a much higher price:• guys that scalp tickets outside the stadium
2. FINANCE to buy and quickly sell small quantities of Securities (= bonds, shares etc), in order to make small but fast profits:• Traders try to scalp profits as contract prices rise and fall.
— scalper noun [countable] :• Fans were willing to pay scalpers up to $1,500.
— scalping noun [uncountable] :• Super Bowl ticket scalping
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scalper UK US /ˈskælpər/ noun [C] INFORMAL► US COMMERCE someone who buys things, such as theatre tickets, at the usual price and then sells them when they are difficult to get at much higher prices: »What happens to the people caught buying tickets from a scalper?
► FINANCE someone who buys small quantities of shares, bonds, etc. and then sells them quickly in order to make a small profit
Financial and business terms. 2012.