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In trading, spoofing[1] is placing insincere orders to generate a signal, and presumably influence other participants' behavior, without an intention of actuall
by RainyDayTmrw 2y ago
In trading, spoofing[1] is placing insincere orders to generate a signal, and presumably influence other participants' behavior, without an intention of actually having those orders filled. Bad actors spoof trades because it works. Spoofing is illegal, and rightly so, although enforcement may be a bit lax.
I guess, we're now seeing the rise of spoofing in job postings. I, for one, find it quite tiring. I think there's a parallel. Bad actors spoof job postings because it works. What can we do to make it less effective or less worthwhile?
[1]: https://en.wikipedia.org/wiki/Spoofing_(finance) https://en.wikipedia.org/wiki/Spoofing_(finance)
- esafak 2y agoJob posting boards can punish them if they detect them as being spoofed through response rates.
- johnnyanmac 2y agoCan. Won't. If trading has lax enforcement where this can cost people millions, why would a job board getting paid to post fake jobs care?