[arcticbull]

I see your point, and thank you for the clarification. I've often heard this referred to as "spoof trading" and "spoof orders" interchangeably. I could be mistaken, of course. For instance [1].

[1] https://constantinecannon.com/practice/whistleblower/whistle...

[bboreham]

Cross that website off your list of useful definitive sources.

“Order” is before execution, “trade” is after.