Painting the tape

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In the stock market, "painting the tape" refers to an illegal practice in which traders buy and sell a specific security among themselves, creating the illusion of high trading volume and significant investor interest. This can attract unsuspecting investors who might then buy the stock and enable the traders to profit. [1] It is a type of market manipulation.

The phrase "painting the tape" refers to the ticker tape that was used to report stock prices.[2]

References

  1. painting the tape definition. Investorwords.
  2. Painting the Tape. Investopedia.