LEVEL 2 - Example of SpoofingHere's a good example of a spoof on the ASK side. It was 24k shares one second then 200k, bet it disappears again or moved a little higher
Level 2 Quote
Level two quotes - Bid | Number of Shares | Bid Price |
| 23,500 shares | 23,500 | 0.630 |
| 67,500 shares | 67,500 | 0.620 |
| 49,000 shares | 49,000 | 0.610 |
| 74,500 shares | 74,500 | 0.600 |
| 75,000 shares | 75,000 | 0.590 |
| 172,500 shares | 172,500 | 0.580 |
| 76,500 shares | 76,500 | 0.570 |
| 63,500 shares | 63,500 | 0.560 |
| 131,000 shares | 131,000 | 0.550 |
| 19,000 shares | 19,000 | 0.540 |
Level two quotes - Ask | Ask Price | Number of Shares |
| 0.640 | 200,500 | 200,500 shares |
| 0.650 | 27,500 | 27,500 shares |
| 0.660 | 70,500 | 70,500 shares |
| 0.670 | 40,000 | 40,000 shares |
| 0.680 | 40,000 | 40,000 shares |
| 0.690 | 47,000 | 47,000 shares |
| 0.700 | 55,000 | 55,000 shares |
| 0.710 | 29,500 | 29,500 shares |
| 0.720 | 13,000 | 13,000 shares |
| 0.730 | 5,500 | |