Hat grabbing is a kind of speculation in the futures market. In the futures market, speculators buy futures contracts whose prices are expected to rise at a low level on the same day to open positions, and then when the futures price rises to a certain price, they sell the futures contracts they bought on the same day to close positions, so as to obtain the profit of the price difference. Or, open a position on the same day to sell the futures contract that is expected to fall, and then buy and sell the futures contract at a low price to close the position when the futures price falls to a certain price, so as to obtain the difference profit.
Stealing hats is a high-risk stock operation. You'd better not try it easily unless you have experience.
A-share hat-grabbing case: On 20112109, the heads of relevant departments of the CSRC reported six illegal cases, including Guangdong Zhonghengxin Media Investment Co., Ltd. manipulating the securities market. Among them, Guangdong Zhonghengxin was suspected of "grabbing the hat" to manipulate the market, and * * * traded 552 stocks, with a cumulative transaction amount of 5,765,438+76 million yuan, setting a record in the A-share market.
origin
In the early days of securities and futures trading, traders bid in the trading pool and bid by gestures and shouting, so those traders who speculate on short-term intraday trading will keep raising their hands to bid, just like a group of people reaching out to take off their hats (of course, there are no hats in the air), so they call short-term intraday trading "hat grabbing".
definition
Article 37 of the Guidelines for the Determination of Manipulation in the Securities Market stipulates: "In any of the following circumstances, it can be identified as manipulation of hat-grabbing transactions:
(a) the actors are securities companies, securities consulting institutions, professional intermediaries and their staff;
(2) The actor makes public comments, forecasts or investment suggestions on the relevant securities or their issuers and listed companies;
(3) buying, selling or holding relevant securities before the banker publicly makes an evaluation, forecast or investment suggestion;
(4) The actor seeks benefits in relevant securities transactions through public evaluation, prediction or investment suggestions.