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Wash
(redirected from Wash Trading)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
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.
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According to investigations, the three manipulated the fluctuations in stock prices by creating the impression of active trading in Shimura stock, such as by placing buy orders for the stock at higher prices, and engaging in wash trading, which involves simultaneous orders to buy and sell from two traders at the same price.
3 indicted over Shimura Kako share-price scheme by Japan Weekly Monitor
These reports identify groups of trades meeting several classes of prohibited or manipulative trading patterns, including large groups of trades at the open or close of the markets; wash trading (simultaneous buying and selling at the same quantity and price), odd lots, and fictitious orders, among others.
Penson Implements FTEN TradeXaminer(TM) System to Monitor Growing ... by Business Wire
They placed buy orders for the stock at higher prices and engaged in wash trading, which involves simultaneous orders to buy and sell from two traders at the same price, the sources said.
Exec held in Shimura Kako share price scheme by Japan Weekly Monitor
 
 
 
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