[BIM56830] Financial traders – instruments and shares: key areas to explore in meetings
Whether an activity of buying and selling shares constitutes a trade is a question of fact. As with any other activity, you need to consider the relevant circumstances as a whole before coming to a decision on whether the activity amounts to a trade or not. A meeting with the person carrying on the activity is the best way of obtaining the information needed.
Key areas to explore in the discussion are set out below. However, this should not be considered an exhaustive list and you should pursue any other relevant lines of enquiry in a particular case.
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