ghosting

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Also found in: telecomWebster's Telecom Dictionary
ghosting definition - finance
Collusion between at least two market makers (specialists who have been authorized to conduct trades in certain companiesÂ’ stock) to manipulate the price of a stock. Ghosting is accomplished by one firm pushing a stock price higher or lower, with the other firms following the first firmÂ’s lead. The stock is sold at the new levels, resulting in a guaranteed profit. It is illegal because market makers are required to compete against each other and create a fair marketplace.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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telecom ghosting definition - telecom

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MLA Style

"ghosting." Webster's New World Finance and Investment Dictionary. 2009

  • Your Dictionary. 5 July 2009
  • <www.yourdictionary.com/finance/ghosting>

APA Style

ghosting. (2009). In Webster's New World Finance and Investment Dictionary

  • Retrieved July 5th, 2009, from www.yourdictionary.com/finance/ghosting

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