Painting The Tape
Painting the tape is a form of market manipulation whereby market players attempt to influence the price of a security by buying and selling it among themselves to create the appearance of substantial trading activity. The goal of painting the tape is to create the illusion of an increased interest in a stock to trick investors into buying shares, which would drive the price higher.
Definition: Market manipulation, also known as price rigging or wash trading, is a form of market manipulation where participants attempt to influence the price of a security by buying and selling it among themselves to create the illusion of high trading activity. The goal is to create a false impression of increased interest in a particular stock, deceiving investors into buying the stock and thereby driving up its price.
Origin: The practice of market manipulation dates back to the early stages of stock markets. In the late 19th and early 20th centuries, as stock markets rapidly developed, manipulative behaviors also increased. Notable examples include the
