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JAN 29, 2013 - Zero Hedge

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Blatant Price Manipulation Takes Place Every Day in Oil Markets

By EconMatters   License to steal  Every single day the oil market is manipulated, it is easy to see, right out in the open, and nobody does anything about it. It literally is like having a license to rob banks right in front of everybody, including the armed security guards. Large Fake Order Strategy Here is a technique that is used by large players to manipulate price in either direction, and it needs to be banned, it is outright cheating. So a trading Dom is an order entry price ladder which shows a collection of bids on one side, a typical default setting would be 10 levels ... Read More

Tags: Blatant Price Manipulation Takes Place Every Day in Oil Markets,  Hedge Funds Latest News