超前交易
advance trading
經紀將來自研究分析員的資料轉交其客戶前,先根據有關資料買賣股票的不道德手法。舉例而言,分析員及經紀在經紀行即將把某公司的股票推薦為“強力買入”前,先行大手買入該隻股票,此舉便屬超前交易,亦稱為“扒頭交易”。
Data from the study before the brokerage analysts referred to its clients, the first sale of stock unethical practices in accordance with the relevant information. For example, analysts at brokerage firms and brokers are about to recommend a company's stock to "strong buy" before the first big hand to buy the stock, a move that would constitute a forward transaction, also known as "Pa Tau transaction."