Wash-trading Wash-trading is a buying/selling process by one trader/broker with multiple accounts or a group of traders/brokers colluding with each other to act as both the buyer and seller of the same stock to purposely push to sp up or down in an artificial way as they wish. Wash-trading is a manipulative process in which no real sale is actually executed as both sides of the transactions cancel each other out. Thus the manipulator(s) can keep their holdings intact while feeding the market with misleading trading information. Wash-trading is illegal but difficult to prove in court.
DYODD