Spoofing is a strange thing; some could argue it is part of a best execution policy when trying to fill a very large order, others that it is criminal activity, and both would have valid points – but is it fraud? I have no wish to get into the legal technicalities, especially around US law, […]
Tag: Jitesh Thakkar
Last week in Illinois saw the US government respond to a motion to dismiss its indictment of Jitesh Thakkar, who is accused of aiding and abetting Navinder Sarao in his spoofing activities by providing him with the technology to conduct that strategy. The case has some serious implications for fintechs and software programmers to the financial markets industry generally, but what I really want to know is; assuming a successful conviction, what will the US Gun Lobby make of it?