Jitney
外汇网2021-06-20 20:08:45
46
A situation in which one broker who has direct access to a stock exchange performs trades for a broker who does not have access.
A fraudulent activity in the penny stock market involving two brokers trading a stock back and forth to rack up commissions and give the impssion of trading volume.
For example, a small firm whose volume of business is not sufficient enough to maintain a trader on the exchange would give its orders to a large dealer for execution.
Jitney, or "the jitney game," is basically the same thing as circular trading. The term originated from "Jitney buses," which was a derogatory slang term for Ford buses at the beginning of the century. A reporter coined the term by alluding to the five-cent piece it cost back then for a bus ride. It has since been used to refer to something that is cheaply and poorly made.
标签:
随机快审展示
加入快审,优先展示
推荐文章
- 黑马在线:均线实战利器 8004 阅读
- 短线交易技术:外汇短线博弈精讲 3452 阅读
- MACD震荡指标入门与技巧 3587 阅读
- 黄金操盘高手实战交易技巧 3807 阅读
- 做精一张图 2743 阅读
热门文章
- 港币符号与美元符号的区别是什么啊? 21765 阅读
- 我国各大银行汇率为什么不一样啊? 9945 阅读
- 越南盾对人民币怎么算的?越南盾对人民币汇率换算方法是什么 8945 阅读
- 黑马在线:均线实战利器 8004 阅读
- 小白经济学 7581 阅读