Corner
A corner is control of enough of the deliverable supply of an asset, together with a long derivative position in it, that short sellers cannot obtain the asset to deliver and must settle on the cornerer's terms.
Where does corner come up?
This term is used in the following manipulation techniques, each explained in full on its own page.
Enforcement actions involving these techniques
| Action | Agency | Filed | Technique | Penalty | Status |
|---|---|---|---|---|---|
| SEBI v. Gaurav Gupta and others (cornering Mentha oil futures at MCX, 2023) | SEBI (India) | 2023-03-31 | Cornering | — | judgment |
| SEBI v. North End Foods Marketing Pvt Ltd and Sandeep Sabharwal (Mentha oil futures, settlement, 2023) | SEBI (India) | 2023-03-06 | Cornering | — | settled |
| SEBI v. Bhanuprasad Dipakkumar Trivedi (IPO share cornering, IDFC and Sasken, 2022) | SEBI (India) | 2022-05-23 | Cornering | — | judgment |