单词 | Front Running |
释义 | Front Running 抢先交易 1.交易商在执行客户买卖委托前,先替自己的账户买卖的非法操作,通常是因为交易商认为客户的买卖将改变市场价格,因此抢先买卖以图利 2.经纪商在自己发表的研究报告尚未广为散播之前,先行买卖股票的行为。 "1. An illegal practice whereby a trader deals on his own behalf ahead of carrying out a client's order to buy or sell shares or other financial instruments, when he knows that client's order is likely to change prices, or move the market. 2. Trading in shares by a brokerage house ahead of publication of its own research report which has not yet been widely disseminated." |
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