Front-running

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....future and the parties are likely to move in their favour. The illegal private trading by a broker or market maker who has prior knowledge of a forthcoming large movement in prices The Black's Law dictionary (9th Ed.) Front running, n. Securities. A broker's or analyst's use of non-public information to acquire securities or enter into options or futures contracts for h....