stepping in front


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Front Running

The act of entering a trade, either with a long or short position, knowing that other investors are about to take a position that will positively influence one's own. For example, one may buy Security A knowing full well that other investors are also about to buy Security A in large blocks, causing its price to increase. This will allow the investor to sell Security A at a much higher price. Front running is forbidden by the SEC as a form of insider trading. It is also known as stepping in front or pennying.

stepping in front

References in classic literature ?
The Pawnee hesitated a moment, and then stepping in front of the chief, he took his hard and wrinkled hand, and laid it with reverence on his head, as if to acknowledge the extent of his obligation.