Two Ex-Bank of America Traders Accused of Spoofing Found Guilty

[ajacobson]

Paywall

https://www.wsj.com/articles/two-ex...ng-found-guilty-11628108362?mod=hp_lista_pos2

 

[hilmy83]

see, that's why we're losing money trading futures. They tricked us with their DOM shenanigans lol

 

[wrbtrader]

see, that's why we're losing money trading futures. They tricked us with their DOM shenanigans lol

This is why I refuse to trade via market depth / ladder / DOM information...too many games on there by the Algo pros that have a big advantage by their connection speed and deceiving illegal tricks by the Algo institutional players.

It's going to become much worst when Quantum trading hits the markets because they will be the first to have access to those expensive computer systems.

wrbtrader

 

[Scataphagos]

see, that's why we're losing money trading futures. They tricked us with their DOM shenanigans lol

That's what you get for trading the DOM! (You're supposed to be trading the CHART!)