https://www.taxtmi.com/caselaws?id=198182 Self-matched trades where the same client was both buyer and seller through the broker were treated as fictitious and artificial, because a person cannot trade with himself. The trading pattern also showed a pending sell order later matched by a buy order at a higher price, which pushed up price and volume; the trading system was not accepted as a defence where the order placement itself disclosed manipulation. On those facts, violation of the stockbroker and FUTP regulations was established, and the disciplinary penalty was reduced to ten days' suspension. en-us Wed, 08 Jun 2011 00:00:00 +0530 Wed, 24 Jan 2018 17:54:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198182 Self-matched trades where the same client was both buyer and seller through the broker were treated as fictitious and artificial, because a person cannot trade with himself. The trading pattern also showed a pending sell order later matched by a buy order at a higher price, which pushed up price and volume; the trading system was not accepted as a defence where the order placement itself disclosed manipulation. On those facts, violation of the stockbroker and FUTP regulations was established, and the disciplinary penalty was reduced to ten days' suspension. Case-Laws Companies Law Wed, 08 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198182