Ghosting

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Ghosting

The illegal practice that one firm drives a stock's price higher or lower, while other conspiring firms follow its lead to influence up the price of the stock.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Ghosting

An illegal practice in which two or more market makers collude in order to artificially inflate or deflate the price of a stock, hoping to profit on the uptick or downturn. One firm will buy or sell large amounts of a certain stock and the second firm does the same, causing a buy or sell frenzy. The supposed competitors then have the opportunity to profit as the market is unaware of their collusion. See also: Insider trading, antitrust.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

ghosting

Illegal collusion among market makers to manipulate the market price of a stock.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Injuries and deaths from ghost riding and skitching have never been counted, so the numbers are likely far worse.
When Sam reluctantly participates in one of Cody's ghost riding stunts, something goes terribly wrong.
I don't rap about ghost riding the whip, hanging out of the car going dumb.