Rigged market

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Rigged market

Manipulation of prices in a market to attract buyers and sellers.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Rigged Market

An illegal act or practice in which a person or company causes a price to be more favorable to an investor than market forces really justify. Rigged markets exist in order to attract investors to a company or project, but it is often not sustainable and in any case dupes the investor. There are a variety of ways to create a rigged market. See also: Price Manipulation.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved