bandit


Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia, Wikipedia.

SOES Bandit

A trader who uses the Small Order Execution System (SOES) on NASDAQ to manipulate prices. The SOES bandit conducts a small transaction on a security in order to affect the price, and then executes a larger transaction to take advantage of the price inefficiency. This is a form of insider trading, as the broker executing the order knows something about the market's probable movement that other market participants do not know. An SOES bandit is also simply called a bandit.

bandit

References in periodicals archive ?
Giveaway Bandit opened its online doors in 2011 and is owned by Melanie Kampman.
Last weekend, armed bandits attacked a passenger bus plying Kitale-Lodwar, killing one passenger and injured several others.
The Bandit Trend (including the Bandit - Bandit South Area) consists of an area more than 4 kilometres long and 1.
Desperate to get Bandit back, Christine and Jo placed an advert in the Chronicle offering a reward for her safe return.
Poetry Bandit is noble, calls him a latter-day Robin Hood, and
MYSTERY: Bandit on the loose in Joe's garden TRAPPED: Joe with Bandit
And the Bad Rug Bandit, well, he looks like the proverbial favorite uncle who couldn't get over losing his hair.
Indeed, Belly Bandit fan, Minnie Driver said: "The Belly Bandit not only helped my tummy, but also really supported my back and helps my posture while nursing.
A Mae cyfres Bandit a'r wefan yn helpu bands newydd wrth inni ddangos dawn yr artistiaid diddorol yma sy'n gwthio ffiniau ac yn creu cerddoriaeth arbennig o dda.
Bandit offers established bands a platformto sing live on television, as well as giving new bands their first taste of performing on TV.
Political control by the center was at its weakest along the county boundaries, which often were defined by difficult terrain, and here bandit infestation was common.
Aimed at globetrotters on a budget, the Bandit 1200GT features the same value busting specification as the 2006 Bandit 1200S, including ABS as standard.