Wash sales - An illegal process in which simultaneous purchases and sales are made in the same commodity futures contract, on the same exchange, and in the same month. No actual position is taken, although it appears that trades have been made. The intention is that the apparent activity will induce legitimate trades, thus increasing trading volume and commissions.
Wash sales : an illegal process in which simultaneous purchases and sales are made in the same commodity futures contract, on the same exchange, and in the same month. no actual position is taken, although it appears that trades have been made. the intention is that the apparent activity will induce legitimate trades, thus increasing trading volume and commissions.
Wash sales