Alumina is the common name given to aluminum oxide (Al2O3). Alumina is produced from bauxite, an ore that is mined from topsoil in various tropical and subtropical regions. The Bayer process, discovered in 1887, is the primary process by which alumina is extracted from bauxite.
Day Trading FAQs. Q. What is the definition of a Pattern Day Trader? A. FINRA defines a Pattern Day Trader as any customer who executes four or more day trades within five business days, provided the number of day trades is more than 6% of the total trades in the account during that period.
A new term that they use is pattern day trader. An investor can be classified as a pattern day trader by having one of the two following characteristics: 1  He or she trades four or more times during a five-day span, or.2  The firm where the investor is making transactions, or opening up a new account, reasonably considers him or her a day trader.n investor can be classified as a pattern day trader by having one of the two following characteristics: 1  He or she trades four or more times during a five-day span, or. 2  The firm where the investor is making transactions, or opening up a new account, reasonably considers him or her a day trader.