An illegal process in which simultaneous purchases and sales are made in the same commodity futures contract, on the same exchange, and in the same month. No actual position is taken, although it appears that trades have been made. It is hoped that the apparent activity will induce legitimate trades, thus increasing trading volume and commissions.
WASH SALES
Meaning of WASH SALES in English
A guide to futures and options market technology English dictionary. Английский словарь-руководство по фьючерсам и опционам рыночных технологий . 2012