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Circular Trading |
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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. Notes: These trades do not represent a real change in the beneficial ownership of the security.See also: Bucketing, Bucket Shop, Churning, Front Running, Guilt Edged Investment, Jitney, Pump and Dump |
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