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Re: None

Wednesday, 01/17/2018 12:45:53 PM

Wednesday, January 17, 2018 12:45:53 PM

Post# of 39360
Spoofing is a disruptive algorithmic trading entity employed by traders to outpace other market participants and to manipulate commodity markets. ... Under the 2010 Dodd-Frank Act spoofing is defined as "the illegal practice of bidding or offering with intent to cancel before execution."

On Wall Street, spoofing is defined as when a trader places a bid or offer on a stock with the intent to cancel before execution. Layering is a more specific form of spoofing. Layering is when a trader places multiple orders that he does not intend to execute.

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