Daisy Chaining is an illegal form of price manipulation where brokers create artificial transactions to give the appearance of activity and interest in a particular security. Daisy Chaining is also referred to as Wash Trading, Pump and Dump, and Short Squeeze.

Thinly traded shares with little available information, also called 'Penny stocks,' are most susceptible to Daisy Chaining.

In Foreign Exchange there is rarely a currency illiquid enough for Daisy Chaining to be possible.