daisy chain

(redirected from daisy-chained)
Also found in: Dictionary, Thesaurus, Encyclopedia.

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 ?
The BB24 works in conjunction with the ShorePhone IP530 or IP560; up to four units can be daisy-chained together, versus only two from most other vendors.
Our OEM customers tell us that musicians are demanding more discrete inputs and daisy-chained multi-box systems," said BridgeCo CEO Angelo Ugge.
By enabling this unique daisy-chained capability, consumers can save valuable USB ports on their PCs and unclutter cables on their desktops, while increasing the distance between peripheral devices and the PC by up to 25 meters.