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 ?
We couldn't do what we do without the help of our wonderful volunteers so it was lovely to hear how Liz and Keith first became involved with Daisy Chain in the early years and are still making a huge difference and want to continue volunteering for as long as possible
Nathan Money, community fundraiser at Daisy Chain, said: "Support from companies such as the Grosvenor Casino Newcastle is tremendously important in enabling us to continue the work we do with children.
Throughout this year we will be sharing stories from our families, volunteers and staff about their highlights from the last 15 years and how Daisy Chain has helped them.
Matt Simpson, chief executive of Daisy Chain, said: "We greatly appreciate the ongoing support of John and the team at Ramside Estates and consider it an honour to be chosen as the charity for this flagship event.
The Butterwick Hospice and the autism charity Daisy Chain, in Calf Fallow Lane were also raided, with hundreds of pounds being stolen.
But this time the autism charity, Daisy Chain, in Calf Fellow Lane - a short drive from the High Street - was raided.
Find out more TSB Billingham is pleased to announce that PS1,190 has been raised by partners and customers for their local charity partner, Daisy Chain, since the partnership began in September 2016.
Daisy Chain farm and petting barn plays a vital role in helping children and young people with autism - and now you can sponsor an animal from PS5 a month to help the charity.
WITH November drawing to a close I allow myself to start to turn my attention to Christmas, which Daisy Chain seems to do with some enthusiasm
GET festive and have fun while raising funds for families affected by autism - that's the appeal from charity Daisy Chain.