Snake trade

The systematic searching of order books for best orders in listed securities for which no bid or ask prices exist. The intention is to set bid or ask prices that deviate strongly from market prices in order to obtain favorable executions, i.e. high commissions. The stock exchange regulations prohibit such practices, and the supervisory authorities prosecute such practices. – See Agiotage, Iceberg Orders, Intelligent Miner, Short Selling, Sham Transactions, Expense Riding.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/