34 lines
2.0 KiB
Markdown
34 lines
2.0 KiB
Markdown
# Market Manipulation
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Manipulation of [price-formation](price-formation.md) and the natural operation of a [market](market.md). Can be performed by both [market makers](market-maker.md) and [cartels](cartel.md).
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## Front Running
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Using inside information about future orders to preempt market movements and extract from other market participants.
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## Insider Trading
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See [asymmetric-information](asymmetric-information.md).
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## Wash Trading
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See [wash-trading](wash-trading.md).
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## Pump and Dumps
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See [pump-and-dump](pump-and-dump.md).
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## Order Tampering
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Altering of [order-book](order-book.md) to privilege the market maker or a [cartel](cartel.md) of insiders.
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## Halting
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Discretionary halting of the [market](market.md) in order to prevent price movement the [market-maker](market-maker.md) does not wish to occur.
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## Redemption Manipulation
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Discretionary restriction of the sale of assets for [currency](currency.md).
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## References
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* Lefevre, Edwin. 2004. Reminiscences of a Stock Operator. Vol. 175. John Wiley & Sons.
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1. Dhawan, Anirudh, and Talis J. Putnins. 2020. ‘A New Wolf in Town? Pump-and-Dump Manipulation in Cryptocurrency Markets’. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.3670714.
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1. Hamrick, JT, Farhang Rouhi, Arghya Mukherjee, Amir Feder, Neil Gandal, Tyler Moore, and Marie Vasek. 2018a. ‘An Examination of the Cryptocurrency Pump and Dump Ecosystem’. http://ssrn.com/paper=3303365.
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1. *———. 2018b. ‘The Economics of Cryptocurrency Pump and Dump Schemes’.
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1. Kamps, Josh, and Bennett Kleinberg. 2018. ‘To the Moon: Defining and Detecting Cryptocurrency Pump-and-Dumps’. Crime Science 7 (1): 18.
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1. Lefevre, Edwin. 2004. Reminiscences of a Stock Operator. Vol. 175. John Wiley & Sons.
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1. Li, Tao, Donghwa Shin, and Baolian Wang. 2019. ‘Cryptocurrency Pump-and-Dump Schemes’. Available at SSRN 3267041.
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1. Xu, Jiahua, and Benjamin Livshits. 2019. ‘The Anatomy of a Cryptocurrency Pump-and-Dump Scheme’. In 28th USENIX Security Symposium, 1609–25.
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