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Wash trading occurs when an investor sells a security at a loss, then purchases the same or a substantially similar security within 30 days of the sale.
Act of wash trading allows traders to buy stocks and then sell them, giving the appearance of purchases and sales being made, but the trader does not incur any market risk or change in market position.
wash trading refers to buying shares through one broker and selling the shares through another broker.
Wash trading is the process of buying the shares through one broker and selling through another broker. It creates market risk and alters the trader position. It is not legal, as it is performed to manipulate the market.
The wash trading is the form of market manipulation in which an investor simultaneously sells and buys the same financial instruments.
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