churn


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Related to churn: churn out, butter churn

Churn

To make both buy and sell orders through different brokers, usually in large quantities, to create the impression of increased interest in a security and thereby raise its price. An investor churns if he/she has a long position on the security and wishes to sell it at an artificially high price. Churning is a form of manipulation, and is illegal under the Securities Exchange Act of 1934. See also: Fix.

churn

To trade securities very actively in a brokerage account in order to increase brokerage commissions rather than customer profits. Brokers may be tempted to churn accounts because their income is directly related to the volume of trading undertaken by customers. Churning is illegal and unethical; suspected churning should be reported to the brokerage firm's office manager. Also called burn and churn, overtrade.
References in periodicals archive ?
For example, even a small reduction in churn translates to thousands of dollars in savings for an app.
com where you'll also find the synopsis of Churn Book I of III.
They will also learn how to build a relationship with the customer earlier in their lifecycle to radically reduce churn.
The machine we use at the restaurant churns quite quickly so not many are formed, but it was expensive to buy and isn't a small piece of equipment.
Companies employ varying definitions of churn and also have widely differing policies to determine when to cut off inactive subscribers and to remove them from their reported subscriber base.
But one supplier claims that Asda is guilty of excessive churn and says that his company is dealing with a new buyer every year.
The initial NAA study also showed that churn rose with circulation: to nearly 36 percent for dailies between 25,000 and 50,000 circulation, to 52 percent for those between 50,000 and 100,000, to 57 percent between 100,000 and 200,000, to 64 percent between 200,000 and 400,000, and to nearly 66 percent above 400,000.
To rural telephone companies, however, churn is a relatively new problem.
Mobile operators have traditionally employed 3 tactics in churn reduction:
With traditional tools, marketers usually get a churn explanation -- why the customer left -- rather than a true and actionable prediction of churn risk," said Dr.
With continued pressure on profitability, stemming customer churn is a logical and easy win.
The story, which features a hero called Tevye, is a milkman in 1906, when tradesmen such as him used a horse and cart and milk was delivered in a churn.