Wash trading: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Beneficial owner page.) |
imported>Doug Williamson (Link with Market abuse.) |
||
Line 15: | Line 15: | ||
* [[Front-running]] | * [[Front-running]] | ||
* [[Layering]] | * [[Layering]] | ||
* [[Market abuse]] | |||
* [[Market corners]] | * [[Market corners]] | ||
* [[Ramping]] | * [[Ramping]] | ||
* [[Spoofing]] | * [[Spoofing]] | ||
* [[Squeeze]] | * [[Squeeze]] |
Revision as of 09:17, 3 October 2017
Conduct risk - financial markets
Wash trades are a form of market abuse involving fictitious transactions used to give a false impression of price or market activity.
- "A typical wash trade involves a purchase and sale of securities that match in price, size and time of execution, and which involves no change in beneficial ownership or transfer of risk."
- The Treasurer magazine, September/October 2017, p36-37 - Gerry Harvey, chief executive of the FICC Markets Standards Board (FMSB).