Ghosting

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Ghosting

The illegal practice that one firm drives a stock's price higher or lower, while other conspiring firms follow its lead to influence up the price of the stock.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Ghosting

An illegal practice in which two or more market makers collude in order to artificially inflate or deflate the price of a stock, hoping to profit on the uptick or downturn. One firm will buy or sell large amounts of a certain stock and the second firm does the same, causing a buy or sell frenzy. The supposed competitors then have the opportunity to profit as the market is unaware of their collusion. See also: Insider trading, antitrust.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

ghosting

Illegal collusion among market makers to manipulate the market price of a stock.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in classic literature ?
Mother says the ghost doesn't like being talked about."
If the ghost came to the box, he must be seen, because he wore a dress-coat and a death's head.
Well," she continued, turning to the boy, "and whose ghost was it?"
Events may yet prove that idea to be a delusion, Miss Halcombe; but the belief is strong in me, at this moment, that the fancied ghost in the churchyard, and the writer of the anonymous letter, are one and the same person."
"Then I saw Minos son of Jove with his golden sceptre in his hand sitting in judgement on the dead, and the ghosts were gathered sitting and standing round him in the spacious house of Hades, to learn his sentences upon them.
"After him I saw huge Orion in a meadow full of asphodel driving the ghosts of the wild beasts that he had killed upon the mountains, and he had a great bronze club in his hand, unbreakable for ever and ever.
`It is required of every man,'the Ghost returned,`that the spirit within him should walk abroad among his fellowmen, and travel far and wide; and if that spirit goes not forth in life, it is condemned to do so after death.
`I wear the chain I forged in life,' replied the Ghost.
"You have a real good terrifying Ghost in that book?" I hinted.
Here, on the edge of the forest, I rested awhile, and ate a little food that I had brought with me in the bag, for now I must gather up my strength to meet the ghosts, if ghosts there were.
I could not feel the full force of the wind, for we were running with it; but from my lofty perch I looked down as though outside the Ghost and apart from her, and saw the shape of her outlined sharply against the foaming sea as she tore along instinct with life.
I am sure, if I had seen a ghost, I should have looked in the very same manner, and done just as he did.