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Tangentially related: The SEC case against Aleksandr Milrud [0], who recruited overseas traders who used keyboards with hot-key macros (or specially designed ga
by stygiansonic 12y ago
Tangentially related: The SEC case against Aleksandr Milrud [0], who recruited overseas traders who used keyboards with hot-key macros (or specially designed gaming keyboards with extra keys with a similar effect, the complaint isn't clear about this) to effectively implement a spoofing/layering strategy.
Matt Levine thoughtfully compares[1] this to the practice of gold farmers in China vs. using bots.
0. http://www.sec.gov/litigation/complaints/2015/comp-pr2015-4.pdf http://www.sec.gov/litigation/complaints/2015/comp-pr2015-4....
1. http://www.bloombergview.com/articles/2015-01-13/spoofers-tricked-highspeed-traders-by-hitting-keys-fast http://www.bloombergview.com/articles/2015-01-13/spoofers-tr...