Painting the Tape
Refers to activities which give the impression of increased volume and/or price changes. Sometimes this action is motivated by a party or parties to have a specific price occur at the end of the trading session in order to influence that instrument's valuation for mark-to-market purposes. |
Similar financial terms
Fast TapeTransactions in the pit or ring take place in such volume and with such rapidity that price reporters are behind with price quotations, so insert "FAST" and show a range of prices.
