Spoofing Trial Jurors Told Coscia Repeated Pattern 14,000 Times

  • Coscia's firm placed and then canceled orders, witness says
  • Trial is first under Dodd-Frank's ban on trader spoofing

The company of the first trader to face trial on spoofing charges was found by one examiner to have placed small commodities orders followed by large ones on the other side of the trade, and then immediately cancel the big orders.

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