Large Trader

Large Trader

A trader on a futures exchange that buys, holds, and sells sufficiently large positions to require the trader to report activities to the Commodity Futures Trading Commission. The amount of a commodity one must hold to qualify as a "large" trader varies by commodity.
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References in periodicals archive ?
Netflix Inc (NASDAQ: NFLX) shares retreated recently, but at least one large trader made some big option market bets on a recovery, according to Wayne Duggan's " Option Trader Makes Massive Bets On Netflix Rebound."
swap counterparties were subject to the requirements of the Dodd-Frank WallStreet Reform and Consumer Protection Act of 2010, in violation of Regulation 23.402(b); failed to report swap transactions to swap data repositories (SDRs) in violation of Section 2(a)(13)(G) of the CEA and Regulations 43.3 and 45.3; failed to submit Large Trader Reports (LTRs) consistent with the CFTCs requirements in violation of Section 4s(f)(1)(A) of the CEA and Regulations 20.4 and 20.7; and failed to execute certain swaps on swap execution facilities (SEFs) in violation of Section 2(h)(8) of the CEA and Regulation 37.9(a)(2).
Starting in 2014, the FERC, continuing to expand its surveillance capabilities, began receiving a daily feed of data from the CFTC's Large Trader Report, which includes the open financial positions for natural gas and electric products that are traded on exchanges for each large trader.
(26) These regulations such as the limit-up-limit-down mechanism, erroneous trade rules, market access regulations, and large trader reporting rules substantially limit the possibility future flash crashes.
The survey focused on top traders of machinery, industry services, vehicles and household goods, while large trader, by employment rate, had the highest expectations.
The reporting to a Market Authority of large trader positions for relevant on-exchange commodity derivatives contracts (Principle 12);
Irwin and Philip Garcia, University of Illinois, "Bubbles, Food Prices, and Speculation: Evidence from the CFTC's Daily Large Trader Data Files"
In this regard, there's worry that an LEI blessed by the OFR could conflict not just with any CFTC swap identifier, but also with separate identifiers prescribed by the SEC's proposed Large Trader Reporting System (LTRS) and Consolidated Audit Trail System (CATS).
On that occasion it took more than five hours for this large trader to execute the first 75,000 contracts of a large sell programme."
The SEC is also considering the imposition of a large trader reporting system and consolidated audit trail to provide a clearer understanding of market events for analysis.
The SEC voted April 14 to create a large trader reporting system that would enhance its ability to identify large market participants, collect information on their trades, and analyze their trading activity.

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