The trader identification number is personal to the trader.

The trader identification number is personal to the trader.

• A. True
• B. False
• C. Not specified
• D. Only for temporary use

Answer: (A)

The identification number attached to a trader is meant to identify the individual who places orders, not the firm they work for. This personal link is essential for tracing every trade back to the exact person, which supports accountability, auditability, and regulatory checks (like KYC/AML). Because the ID identifies the individual trader and is used across trading systems to attribute activity to that person, it isn’t a generic firm credential and it isn’t meant to be temporary. So the statement is true.

The identification number attached to a trader is meant to identify the individual who places orders, not the firm they work for. This personal link is essential for tracing every trade back to the exact person, which supports accountability, auditability, and regulatory checks (like KYC/AML). Because the ID identifies the individual trader and is used across trading systems to attribute activity to that person, it isn’t a generic firm credential and it isn’t meant to be temporary. So the statement is true.