Wash

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Related to Wash Trades: Cross Trade

Wash

Gains equal losses.

Wash

A situation in which the profit on one activity or investment equals the loss on another. When an investment is a wash, it is said to break even.
References in periodicals archive ?
htm) RBS collusion with interdealer brokers and an RBS yen trader engaged in wash trades to compensate brokers.
6 -- Securities and Exchange Commission of Pakistan (SECP) in the seven months of 2010, initiated legal proceedings in seven different cases for violations of securities laws with special reference to insider trading, short/blank selling, wash trades, erroneous trades and broker misconduct.
exchanges with thousands of potentially manipulative wash trades and other potentially manipulative trades, including manipulative layering and spoofing.