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Message: What Does Jitney Mean?
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What Does Jitney Mean?

posted on Jan 26, 2010 10:35AM

http://www.investopedia.com/terms/j/jitney.asp

What Does Jitney Mean?
  1. A situation in which one broker who has direct access to a stock exchange performs trades for a broker who does not have access.
  2. A fraudulent activity in the penny stock market involving two brokers trading a stock back and forth to rack up commissions and give the impression of trading volume.
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