Wash trading

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Revision as of 10:58, 1 October 2017 by imported>Doug Williamson (Create page. Source: The Treasurer, September 2017, p37.)
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Conduct risk - financial markets

Wash trades are fictitious transactions used to give a false impression of price or market activity.

"A typical wash trade involves a purchase and sale of securities that match in price, size and time of execution, and which involves no change in beneficial ownership or transfer of risk."
The Treasurer magazine, September/October 2017, p36-37 - Gerry Harvey, chief executive of the FICC Markets Standards Board (FMSB).


See also

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