No worries, wash trades are banned so it's not hap
Post# of 72440
Posted On: 07/06/2016 10:36:08 AM
No worries, wash trades are banned so it's not happening. It says so in the WSJ... 
"Such transactions, known as wash trades, are banned by U.S. law because they can feed false information into the market and be used to manipulate prices. Intentionally taking both sides of a trade can minimize financial risk for the trading firm while potentially creating a false impression of higher volume in the market."
http://www.wsj.com/articles/SB100014241278873...1497070204
"Such transactions, known as wash trades, are banned by U.S. law because they can feed false information into the market and be used to manipulate prices. Intentionally taking both sides of a trade can minimize financial risk for the trading firm while potentially creating a false impression of higher volume in the market."
http://www.wsj.com/articles/SB100014241278873...1497070204
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