What is the meaning of Jamming?

Definition: Executing a large sell (buy) order in stages by asking for a market on a small size, hitting the bid (offer), then repeating the process with a different market maker, ultimately driving the price considerably lower (higher). Application: "It is entirely against proper market etiquette in foreign exchange and gold, but somewhat permissible in fixed income trading. You never jam a friend." (Nassim Taleb).

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APABarry Goldsmith. (2010). jamming. Retrieved September 20, 2026, from http://smartdefine.org/jamming/definitions/1156652
ChicagoBarry Goldsmith. 2010. "jamming" http://smartdefine.org/jamming/definitions/1156652 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, jamming, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/jamming/definitions/1156652>.
MLABarry Goldsmith. "jamming" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/jamming/definitions/1156652>
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