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 ?
First of all, there is not enough space between inmates attached to the daisy chains, which compromises the safety of the deputies assigned to transporting the detainees.
For my part now, as an organic, non-chemical, wildlife friendly manager of a small patch of our beloved island, I would much rather sit on the lawn making daisy chains with my grandchildren and ask them whether they like butter (buttercup flowers under the chin) than rushing around cutting, spiking, scratching and spraying.
I like daisy chains because you start with something little and end up with something big,' Lola said.