Google "Wall Street Journal Spoofing", should come up as a link from February that clicks through to the full article.
Does someone know what Igor was able to generate in his prime? I remember reading somewhere that Paul Rotter was making something like 50m$ per year spoofing...
Sounds like they didn't have much on Igor to settle for so little and no wrong-doing. Maybe the bigger cases are still in process.
Just a quick question for those of you who make their bread and butter scalping for a few ticks in the mainstream markets. What have you witnessed real-time since the hunt has started? Have order books become cleaner? Did a lot of spoofers quit?