Feature Articles Archives - The Industry Spread

DOJ Has Frontrunning on Its Radar

June 15, 2020

Frontrunning is, “when a broker or other entity enters into a trade because they have foreknowledge of a big non-publicized transaction that will influence the price of the asset, resulting in a likely financial gain for the broker. It also occurs when a broker or analyst buys or sells shares for their account ahead of their firm’s buy or sell recommendation to clients,”