spoofing

Spoofing really is a magical affair.

At least, they say no one can question whether they’re doing it, which is just as good.

That, of course, means another round of fines.

Of course, they’ll have a hell of a time proving it, but they just want to make themselves clear.

Unlike the former, there’s something that can actually be done about the latter.

At least, federal prosecutors hope it is.

Not all heroes wear capes.

Namely, it's best to quit before the feds catch you spoofing.

Turns out the bank's head trader on the Treasury futures desk had a creative approach to the job.

The greater crime was that Citi's spoofers didn't even spoof all that well.

Was it all just a game?

Depending on how Michael Coscia looks at things.