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Bandit |
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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.
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Conflict and adverse climatic conditions, banditry and piracy are some of the factors, as well as food price rises, in creating the serious situation, the statement noted. Instead of being sworn in with other cabinet members, he was accused of possessing arms for the purposes of banditry, terrorism and sabotage. Bennett, treasurer for The Movement for Democratic Change party, had been free on bail since March after his arrest on charges of possessing arms for the purposes of banditry, terrorism and inciting acts of insurgency. |
banditry |
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