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. A day trade is the purchasing and selling or the selling short and purchasing to cover of the same security on the same day (including pre- and post-market) in a margin account except for: a. A long security position held overnight and sold the next day prior to any new purchase of the same security, or.