noun
General Slang
Front running
· noun · finance
Trading ahead of a client's order you know is about to move the price.
0
Definitions
1
When a broker or trader uses advance knowledge of a pending client order to put on a position first, profiting from the price move that order will cause, then unwinding into the client's flow. A fiduciary breach and a securities violation. In crypto and DeFi the same idea shows up as MEV bots front-running pending transactions in the mempool.
“The desk got fined for front running block orders, traders were buying for their own books seconds before executing the client.”
by community
0
Front running In A Sentence
The desk got fined for front running block orders, traders were buying for their own books seconds before executing the client.
Comments 0