Famous Banging The Close References. A look at some of the. Web it is not clear that “banging the close” satisfies economic definitions of price manipulation, but nonetheless the practice distorts the benchmark price as a measure of the fair value.

Those who get away with it typically. Web banging the close is a market manipulation tactic in forex trading that involves manipulating the market to influence the closing price of a currency pair. Web it is not clear that “banging the close” satisfies economic definitions of price manipulation, but nonetheless the practice distorts the benchmark price as a measure of the fair value.