Hacker News new | ask | show | jobs
by smabie 1660 days ago
No they would not do this. Why would they want to hit the spoof bid?
1 comments

One should seek to determine the theoretical price (i.e. "true" price) of an asset. If the spoof bid is above the theoretical price, then you hit it. The spoof bid is noise... find the signal and make the spoofers pay dearly.
Oh sure yeah but it's unlikely spoof bid would be above theo.. too risky on the part of the spoofer
Then its not really a spoof is it? They'd be happy to trade it :)