Wash Sales Detection
Elise Fleischaker
Wash Sales and Churning A wash trade occurs when a trader is both the buyer and seller in the same transaction. This can be done to generate artificial volume, or in the case of churning, to generate commissions for the broker. The Neurensic Wash Trade Detection model looks for opposing orders of the same instrument that were executed at the same time and price by the same trader and account. See Also http://neurensic.com/wash-trading-isnt-victimless/ Regulatory Links http://neurensic.com/ice-futures-us-wash-trades-faq-february-2016/ http://neurensic.com/cme-rule-rule-534-wash-trades-prohibited/
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