WASH TRADING:

[lavanya]

EXPLANATION:

Wash trading refers to the buying shares through on broker& selling shares through an another broker… Wash trading is not legal. As its performed to manipulate the market & encourage other enstones to move into a buying position.

FSSTATEMENT:

Rbc, which as called the initial wash trading allegations “absurd” & maintain that us regulators had thoroughly received & approved of what the Canadian bank was doing shot back Monday at the latest court filing..

 

 

 

[Jayalakshmi. j]

Wash trading occurs when a trader bus and sells the same securities.

[nishat Parveen]

<b><i>Wash trading occurs when investor buys stocks through one broker n immediately turns around n sell it through a different broker</i></b>

[JOHN]

Wash Trading is an illegal trade practice in which a trader buys stocks through one broker and sells them through another broker. The trader does not incur any market risks, but does this to manipulate the market and encourage other investors to move into a buying position.

[boutha priya]

A wash trade (not to be confused with a wash sale) is a form of market manipulation in which an investor simultaneously sells and buys the same financial instruments.

[Author]

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