This is how the price manipulation is done at no cost. That’s the whole thing. Plain and simple.Submitted by Apple on Thu, 12/20/2012 - 09:06
This is how the price manipulation is done at no cost. That’s the whole thing. Plain and simple.
Definition of ‘Wash Trading’
An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.
Read more: http://www.investopedia.com/terms/w/washtrading.asp#ixzz2Fb2...
Investopedia explains ‘Wash Trading’
This increases the activity in the stock and gives the impression that “big news” is about to come out.
JPMorgan fined for wash trades in oil, gasoline
Wash Trading by High-Frequency Firms May Face Scrutiny