6 ms·
That isn't true. Making an order with an intent to cancel is a crime. Hedge funds routinely cancel orders, but they do not necessarily make them with the intent
by astanway 10y ago
That isn't true. Making an order with an intent to cancel is a crime. Hedge funds routinely cancel orders, but they do not necessarily make them with the intent to cancel them from the beginning.
- jliptzin 10y agoInsider trading is also a crime yet it is widespread on wall street, like snowflakes in a blizzard.
- hermitdev 10y agoPerhaps the most routine trade I see is with a Time in Force of Immediate or Cancel. Fill or Partial Fill if you can, cancel the remainder. Happens millions of times a day.
- raincom 10y agoMarket makers have special privileges. That's why they abuse with spoofing, boxing, jumping, etc using offshore entities.