4 ms·
Yes it is. Placing orders you don't intend to be executed is spoofing. From the OP: "faked a bunch of activity"
by doovd 8y ago
Yes it is. Placing orders you don't intend to be executed is spoofing. From the OP: "faked a bunch of activity"
- Chris2048 8y agoI assume they mean phone network activity, not market trading activity.
- gamblor956 8y agoSorry, should have been more specific. As I understand it, no trades were made--they just spoofed whatever activity their competitor was looking at, so it wasn't illegal (but then again, I was hearing the story second-hand).