churn


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Related to churn: churn out, butter churn

Churn

To make both buy and sell orders through different brokers, usually in large quantities, to create the impression of increased interest in a security and thereby raise its price. An investor churns if he/she has a long position on the security and wishes to sell it at an artificially high price. Churning is a form of manipulation, and is illegal under the Securities Exchange Act of 1934. See also: Fix.

churn

To trade securities very actively in a brokerage account in order to increase brokerage commissions rather than customer profits. Brokers may be tempted to churn accounts because their income is directly related to the volume of trading undertaken by customers. Churning is illegal and unethical; suspected churning should be reported to the brokerage firm's office manager. Also called burn and churn, overtrade.
References in periodicals archive ?
- Data on the levels of satisfaction and intended churn for each of the 10 countries surveyed
When analyzing the relationship between the detergent used for cleaning the churns (2=2.445, p=0.118), the period of use (2=0.224, p=0.636), the type of water (2=0.087, p=0.767) and the presence of the micro-organism, any statistically significant association was found as can be seen on table 2.
The authors show how NHT utilized BDA to manage and analyze very large amounts of telecom customer data from multiple sources and in multiple formats to provide deeper insights into how a telecom business can reduce churn. In this teaching case, the authors apply and demonstrate customer churn analysis on this high-volume, multi-structured data.
While customer churn prediction is an important area in customer retention and relationship management (Buckinx & Van den Poel, 2005; Van den Poel & Lariviere, 2004), little is known about casino customers' churn behavior in the gaming literature.
Moreover, the output of the model includes database of customer behaviors casing customer churn, which is advantage for firms to develop targeted retention strategies.
The decrease in year-to-date net additions was due to the elevated level of churn in the second quarter of 2014, as Globe disconnected approximately 71 thousand customers that were either affected by Globe's migration into its new business support system in March last year, thereby causing bills to be delayed and pile up, or affected by typhoon Yolanda that hit the Southern Philippines in the latter part of 2013.
The survey shows that the quality of the mobile broadband experience is the leading driver for mobile operator churn, with 37% of consumers globally saying that they either have left or plan to move to another provider because of slow connection speeds.
(NASDAQ: PTNR) (TASE: PTNR) said its cellular subscriber churn rate during the second quarter of 2014 declined to 11.4 percent compared to 11.6 percent in the previous quarter.
The appeal of labor churn was highlighted in a recent InContext article.
The word "churn'' might conjure images of dairy farms and milkmaids, but there's another kind of churning -- it's financial, and it can hurt you.
Information is sketchy, but apparently he began to make can openers and probably other kitchenware items and became interested in a glass jar churn developed by E.B.
As you well know, each churn generates not only commissions, but also surrender fees and other penalities.