Ghosting


Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia.

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.

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.

ghosting

Illegal collusion among market makers to manipulate the market price of a stock.
References in periodicals archive ?
One showbiz celebrity who has helped popularize the word in the Philippines by tweeting it with a hashtag and using the name of his friend actress Bea Alonzo as a verb and synonym for "ghosting" is actor Paulo Avelino.
The submariner not only finds their way into your life after the heart-breaking act of ghosting, he or she expects to pick up the relationship where it had been left off.
But theater's ghosting is a peculiar means of seeing otherwise in which the observer cannot feel at home, out of place and out of time.