front running
"Front running" involves exploiting confidential information about pending transactions to gain an unfair advantage, often considered illegal or unethical.
Definition
C1Finance
(technical, illegal)The unethical practice where a broker makes trades for their own account based on advance knowledge of client orders that will affect the market.
Example
- The broker was accused of front running after executing trades ahead of a large client order.
C1Cryptocurrency
(technical, illegal)Placing a transaction in a blockchain network with prior knowledge of a pending transaction to profit from the expected price change.
Example
- Front running in cryptocurrency can undermine trust in the market due to its unfair advantage.
B2Business
(general, unethical)Using privileged information to make a purchase before a known future transaction that will increase its value.
Example
- The executive was caught front running by buying shares before the company's merger announcement.
Similar
Terms that have similar or relatively close meanings to "front running":
front runnerrun aheadfront offfront rowfront upfront moneyfront linefront loadfront and centerkeep aheadget ahead ofin fronton the front foot