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Re:Why Is Spoofing Bad? by kasey_junk on Thursday April 23, 2015 @07:26AM (#9425957)
It is illegal, everyone who trades knows it is illegal, and it has been illegal for a very long time (long before HFT was an accepted concept)/
Re:Why Is Spoofing Bad? by tcbawo on Thursday April 23, 2015 @09:43AM (#9426576)
Also, exchanges stand on the side of anti-spoofing because they don't make money with canceled orders (apart from co-lo/access fees).