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What is Spoofing? Spoofing happens when traders try to give an artificial picture of market conditions by inputting and then quickly cancelling big buy or sell orders onto an exchange, in an attempt to move the price.
British 'Flash Crash' Trader Navinder Singh Sarao: How 'Spoofing' Traders Dupes Markets. Navinder Singh Sarao is a British trade rwho was charged for his role in the 2010 U.S. flash crash. He stands accused of making more than $40 by fooling (spoofing) market and contributing to the 2010 Flash Crash. Sarao is accused of inputting orders which he never intended to execute.
Related Video
How Flash Crash Trader Navinder Singh Sarao Made £90,000-a-Day!
https://www.youtube.com/watch?v=jmg2uZ-8XOY&t=0s
Affaire Navinder Singh Sarao / Krach 6 mai 2010 Wall Street
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British 'Flash Crash' Trader: Navinder Singh Sarao - How 'Spoofing' Traders Trick Markets
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