Circular Trading
A fraudulent trading scheme where sell orders are entered by a broker who knows that offsetting buy orders, the same number of shares at the same time and at the same price, either have been or will be entered. Investopedia Says:
These trades do not represent a real change in the beneficial ownership of the security. Related Terms:
Bucket Shop
Bucketing
Churning
Cross Trade
Front Running
Guilt Edged Investment
Interpositioning
Jitney
Pump and Dump |