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jet101

10/10/16 3:46 PM

#32609 RE: sidedraft #32570

Hmmmm....A wash trade (not to be confused with a wash sale) is a form of market manipulation in which an investor simultaneously sells and buys the same financial instruments. This may be done for a number of reasons:
To artificially increase trading volume, giving the impression that the instrument is more in demand than it actually is.