Markets already are unpredictable. Spoofing is the equivalent of running an auct... | Hacker News

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		rrrrsss99 on Feb 11, 2017 \| parent \| context \| favorite \| on: How the Flash Crash Trader’s $50M Fortune Vanished Markets already are unpredictable. Spoofing is the equivalent of running an auction on ebay and submitting bids yourself under fake accounts to drive up the price to trick the one person who actually wants it into paying more.

raincom on Feb 11, 2017 [–]

Market makers do this sort of the thing all the time in trading stocks.

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