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  1. Point in time
    2024-07-14

positions held with trading intent

    205any of the following:

      1. (a) proprietary positions and positions arising from client servicing and market making;
      1. (b) positions intended to be resold in the short term;
      1. (c) positions intended to benefit from actual or expected short‐term price differences between buying and selling prices or from other price or interest rate variations.