3 ms·

But but but, how come it is even possible to yank your chips back? It would be so easy to force those orders to stay for a minimum amount of time.

• kasey_junk 12y ago
  That wouldn't prevent spoofing. Lots of spoofers put orders in over the course of a long time. Its when/why they pull them out in coordinated fashion that the intention becomes clear.
  • loup-vaillant 12y ago
    Still: if someone tries to buy an order, the transaction is automatically accepted, and the seller can do nothing about it. Right? Right? Don't tell me one can withdraw an order after it has been established that someone else is trying to buy it? That would be way too easy to abuse. "Oh, someone actually wants my stuff? Sorry, I just happened to change my mind."
    • kasey_junk 12y ago
      No you can't do that. Spoofing is really nuanced and analogies make it difficult. Usually spoofers will put orders in the back of the order book where they feel they can cancel them before anyone can realistically get to them. But they are in the order book, so they are "technically" at risk of being fulfilled. Thats why intent is so important.