2 ms·
> This affects the underlying price of raw materials No it doesn't if you spoof orders it has only very short term effects.
by x87678r 6y ago
> This affects the underlying price of raw materials
No it doesn't if you spoof orders it has only very short term effects.
- egwor 6y agoDepends what the instrument is and when. If orders are spoofed during the start of day or end of day auctions or during other specific times when indexes are calculated then this impacts the settlement prices which has a knock on impact to other features of the market. It’s like the LIBOR rigging and the FX manipulation.