churn

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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 ?
CDA helped in identifying the variables that best describe each of two classes/clusters: churners and non-churners.
To the Fischer family, bees are much more than churners of honey.
Idiro Retentions: predicts churners and influencers who can impact churn
The parole officer plays a pivotal role in the reentry process for all offenders conditionally released, but their involvement with churners is critical to the successful implementation of the reentry continuum-of-care plan.
From the results presented so far, it is expected that the decision tree churn prediction model can add value by more accurately identifying churners and non-churners given their transactional and demographic information.
On August 20, word churners will be able to buy a major new dictionary, one with its own 800 telephone number in the continental U.
Automatic churners keep wastes mixed with wood shavings (or leaves) and redworms, which further speed the process.
Mobilink initially deployed InfiniteInsight[R] successfully in July 2009 to identify potential churners and to fuel a "next best activity" architecture by implementing strategic segmentation and advanced predictive models.
By constantly analyzing the new and historical data, Exacaster's platform becomes an expert at spotting potential churners, prospective customers, and current customers that may be ripe for up-sell of specific products.
Life insurance and general insurance sectors are not money churners.
Have we forgotten - as they and their media churners conveniently have - that as these riots happened under the watch of the coalition that the buck stops with them?
So say those perpetual churners of self-promoting figures, our soon to be departed regional development agency One North East.