MarketOrders Co-Founder and COO, Sukhi Jutla, was recently quoted in CCN article “‘Trump Confusion Trades’ Netting Over $2 Billion Reeks of Insider Trading”.
She said: “Banks spend a lot of time and money in implementing processes to prevent market manipulation activities. One of these practises includes placing excessive trades 15 mins prior to the markets closing as there is a lot of volatility in the markets during closing/opening times and volatility is where the money is made. Where huge sums of money are being made at these times, it is likely that there is insider trading occurring. The trading markets are riding on waves of greed and emotion and many humans will react to this by placing trades they know they shouldn’t.”
Read the full article here.