Spoofing vs Dangling

[mizzougrad]

Can anyone explain the difference between quote dangling and spoofing?

 

[ami44]

Can anyone explain the difference between quote dangling and spoofing?

Hi mizzougrad,

From O'Hara:
Quote danglers enter and instantaneously cancel limit orders, with the goal of obfuscating the quote process

Spoofing from http://www.investorwords.com/4658/spoofing.html
Stock market manipulation in which a trader with a position in a stock places an anonymous buy order for a large number of shares through an ECN and then cancels it seconds later. The price of the stock will immediately jump, giving the impression of high demand, which draws others into buying the stock, allowing the manipulator to sell at a higher price. Some market analysts believe this is one cause of increased volatility in the markets.

I would say, spoofing is at least a form of dangling, because what is described here is a form of obfuscating the quote process.
But I feel, that spoofing and dangling are synonymous.

 

[ShaktiRathore]

Hi
Spoofing is artificially impacting prices by deceiving other traders thru fake trades. See http://www.ritholtz.com/blog/2015/04/how-spoofing-works/
Dangling means hanging loosely would mean trades done to deceive traders by spoofer results in a dangling quote that is quote created by action of spooker for his own advantage. The resulting quote is short lived and hangs loosely is dangling quote before quote returning to stablity.
Thanks