IntermediateOrder Book, Fake & Trap

Spoofing versus genuine liquidity: how to tell them apart

Practical checks that separate orders placed to be seen from orders placed to be filled.

7 min read

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What spoofing looks like

Spoofing is placing large orders without the intention of trading them, to make the market think there is more buying or selling interest than there is. On Antick it shows up as orders that keep appearing and disappearing without ever trading.

Hover the info icon on any card for a plain-language definition; the tooltip also shows exactly when the reading was updated.

The Spoofing Pressure card with its explanation and exact update time.

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Check 1: Spoofing Pressure

Spoofing Pressure, from the Manipulation Probability Index, summarises how much of this behaviour the book shows. Low means most resting orders behave like genuine liquidity.

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Check 2: Wall Stability

Genuine walls stay until they are filled. Wall Stability, from the Wall Disappearance Ratio, shows how often large walls vanish instead. A low ratio is a good sign; a high ratio means walls are being pulled.

Spoofing Pressure and Wall Stability: the two cards that separate spoofed walls from genuine ones.

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Check 3: the wall's history

Find the wall's price in the Fake Wall & Trap Map. A wall marked fake on almost every appearance is a spoof candidate; an active wall with few cancellations behaves like genuine liquidity.

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