Spoofing, page-16

And just like that the 1m seller is gone....



Spoofing is a practice in which traders attempt to give an artificial impression of market conditions by entering and quickly canceling large buy or sell orders onto an exchange, in an attempt to manipulate prices.

So if its that easy to "capture" evidence of non-genuine sell offers trying to manipulate the price - why doesn't ASX or ASIC do something about it. Yep - and pigs might fly.