Define: Pattern Day Trader

UK Accounting Glossary

Definition: Pattern Day Trader



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Full Definition of Pattern Day Trader


Pattern Day Trader is an SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.


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Pattern Day Trader. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/pattern-day-trader/ (accessed: March 31, 2020).
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Pattern Day Trader. PayrollHeaven.com. Retrieved March 31, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/pattern-day-trader/

Definition Sources


Definitions for Pattern Day Trader are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd March 2020.