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It's similar to questioning the morality of a scam artist who hires his friends to pretend to bid on something in front of the victim to influence them or drive
by mrfox321 6y ago
It's similar to questioning the morality of a scam artist who hires his friends to pretend to bid on something in front of the victim to influence them or drive up the price.
- doublesCs 6y agoActually not a bad analogy, thank you.
- the_jeremy 6y agoIt's worth pointing out that this holds true for the inverse scenario: dark pools (trading between large firms off-exchange) are legal. The metaphor would be an artist selling only to his friends, and not putting every piece for sale for everyone.