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Thank you! So each exchange has its own formula for determining the price that gets shown on the ticker? Let's say someone owns shares in a very low-volume sto
by robertakarobin 6y ago
Thank you! So each exchange has its own formula for determining the price that gets shown on the ticker?
Let's say someone owns shares in a very low-volume stock — one that gets a couple trades a day, at most. Could they artificially increase the share price by offering their shares at a high price, then using a second account under their control to immediately buy them at the inflated price?
- elteto 6y agoYes, this is called cross-trading [0] and AFAIK is forbidden by the SEC. [0] https://www.risk.net/definition/cross-trade https://www.risk.net/definition/cross-trade