also: くうそうば
fictitious transaction; wash trade
Finance term for a transaction that gives a false appearance of market activity, often used in the context of market manipulation. See also 空取引.
See also: 空取引
Fictitious transactions are sometimes conducted as part of market manipulation.
The Securities and Exchange Surveillance Commission is investigating transactions suspected of being fictitious.
Standard kanji form; the reading からそうば is the most common.
Alternate reading, less common; may be encountered in some contexts.
Formed from native Japanese 空 “empty; fictitious,” read から, and 相場 “market price; market transaction.”