The practice of a stockbroker, when they receive a large client order, placing an order for their own account ahead of the client's, knowing when the client's is placed it will move the market and create a profit for the broker
The practice of placing orders for a security on one's own account in advance of promoting or recommending it
Any practice of buying something the value of which is about to increase due to a future purchase by another, especially where the knowledge derives from a fiduciary relationship
A practice of taking a position in a security to take advantage of an otherwise unknown large upcoming transaction of which the trader is aware
A situation that occurs when a securities or commodities trader takes a position in a security in order to take advantage of a large upcoming transaction of which he is aware
Taking a position in order to benefit from a prospective, market-moving transaction This practice may be illegal
A practice where an investment manager purchases securities for his/her own personal interest prior to an anticipated purchase of the same securities by the accounts for which he/she acts as investment manager
Entering into options or futures contracts with advance knowledge of a block transaction that will influence the price of the underlying security to capitalize on the trade This practice is expressly forbidden by the SEC
Attempting to buy or sell securities ahead of an anticipated reaction to news or publicity
Used in the context of general equities Entering into option or futures contracts with advance knowledge of a block transaction that will influence the price of the underlying security to capitalize on the trade This practice is forbidden by the S E C and should never be followed within any brokerage firm