Monday, October 26, 2015

Term of the Day: Ghosting

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October 26, 2015
Ghosting

An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. Ghosting is used by corrupt companies to affect stock prices so they can profit from the price movement.

Breaking It Down:

This practice is illegal because market makers are required by law to act in competition with...

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