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When ABC stock is trading at $ 4 0 . 5 0 , an equity trader places an order to buy 5 0 0 ,
When ABC stock is trading at $ an equity trader places an order to buy shares of the stock at : PM ET filled at $ and places another order to buy shares at : PM filled at $ Because of these actions the stock closes at $ The equity trader then uses those purchased shares to fill Market On Close orders to buy that the firm was holding for clients This is an example of : A Insider trading B Front running Marking the close D Painting the tape
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