daisy chain

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Daisy chain

Manipulation of the market by traders to create the illusion of active volume to attract investors.

Daisy Chain

A series of manipulative transactions on a security intended to create an impression of a high trading volume, suggesting interest in assets or securities that may not actually be there. This tends to increase the share price, which in turn encourages other investors to buy the security. When other investors become interested, the manipulating traders dump the security at an artificially high price. See also: Churning, Round-Trip Trading.

daisy chain

Manipulative trading among a small group of individuals or institutions that is intended to give the impression of heavy volume. As outsiders see the unusual trading activity and are drawn into the chain, the traders who started the daisy chain then sell their positions, leaving the new investors with overpriced securities.
References in periodicals archive ?
Fergie is the patron of the Daisychain charity which helps carers of disabled adults and children get a break from their work to rest and relax.
She attended the annual Daisychain Ball in plush Carton House on Thursday night before hosting a charity lunch yesterday at the Quality Hotel in Dublin.
Daisychain shops across the West Midlands have been working hard in order to raise the funds for the County Air Ambulance charity.
Daisychain director Greg Rowe said: "Several people who volunteer for us have had personal experience ofthe air ambulance and are pleased to be able to give something back.
Hawick's latest riding sensation Wayne Hogg recorded the fifth win of his career when My Daisychain swooped late for the 18-year-old in the apprentice handicap.
Chamings said he could not believe his eyes when the talented colt struggled even before halfway under Jimmy Quinn as the race was won easily by Puma, the 13-8 second favourite, from 5-1 shot My Daisychain.
Kelly, 23, was brought into the pub late last year by management company DaisyChain Inns, on behalf of Scottish and Newcastle Breweries.
Hawick's Wayne Hogg looks to have a great chance of taking the hands and heels apprentice handicap on the Mark Johnston trained MY DAISYCHAIN (3.
Daisychain in the seven-furlong conditions stakes, in which favourite Binanti was the first beaten.
I've been known to wield a chainsaw wearing an ice-hockey mask, spouting obscenities, but will more people like me if I drop the mask and wear a daisychain instead?
I fancy Darley to take the seven-furlong maiden on Mark Johnston's My Daisychain (2.