The Traderszone Network

Published in TZ Latest News 14 January, 2015 by The TZ Newswire Staff

Day After SEC Charges HFT Trader With Spoofing, Another HFT Spoofer Sends S&P Soaring

Just yesterday, the SEC charged Canadian Aleksandr Milrud with orchestrating a lucrative market manipulation scheme that relied on “layering” (or “spoofing”) in which a trader places orders solely to trick others into buying or selling at artificially inflated or depressed prices… So we found it ironic that twice today, Nanex exposed examples of the “spoofing” manipulation in crude oil futures (which soared) and S&P 500 e-mini futures (which soared)

 

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