Large Trader A futures trader who holds or controls a single position that is equal to or greater than the CFTC specified reporting levels. Investopedia Says: Reporting levels, which require either the firm or the large trader to provide the necessary reporting documentation, change for different underlying commodities. These surveillance measures are meant to protect investors, to maintain speculation levels, to facilitate orderly markets, and to prevent price manipulation. Related Terms: Ceiling CFTC Corner A Market Customer Type Indicator Futures Contract Manipulation Speculator |