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A legal entity, which may be organized as a [[corporation]], [[partnership]] or in some other legal form, the principal business of which is to deal in and/or manage [[securities]] [[and/or]] other [[financial instruments]] and/[[or otherwise]] to carry on an investment business predominantly or exclusively as [[principal]] for its own account. <br> | '''[[Hedge fund/proprietary trader]]''': A legal entity, which may be organized as a [[corporation]], [[partnership]] or in some other legal form, the principal business of which is to deal in and/or manage [[securities]] [[and/or]] other [[financial instruments]] and/[[or otherwise]] to carry on an investment business predominantly or exclusively as [[principal]] for its own account. <br> |