Ghosting Law and Legal Definition

Ghosting in illegal practice whereby two or more market makers act in collusion to manipulate and change the price of a stock. It is a practice by unethical companies, used to profit from the price movement of stock prices. It is illegal because it vilates principles of free competition. The term is used because of the difficul;ty of detecting collusion and manipulation among market makers.

Ghosting may also be used to refer to the practice of writing legal documents and other writings under an anonymous name or without revealing one's identity.