Last Updated:2025/11/20

(finance) The illegal practice of a stockbroker who, on receiving a large client order, places an order for his or her own account ahead of the client's, knowing that when the client's order is placed it will move the market and create a profit for the broker.

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front running

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Source Word

front running

Noun
uncountable
Japanese Meaning
違法な証券取引手法。大口顧客の注文を受けた後、顧客の注文が市場に与える影響を見越して、自身の口座で先に注文を行い、その結果として利益を得ようとする行為。
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顧客の大口注文が市場を動かすことを見越して仲介業者が自分の口座のために顧客の注文に先回りして注文を出し利益を得るという違法行為への疑いが、その証券会社に内部調査を開始させた。

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