1) Rapidly post/cancel trades, risking a fill. 2) ??? 3) Profit!
The ??? represent the part I don't understand.
(If you are actually interested, "quote stuffing" is typically the result of algorithms interacting in unexpected ways. It's not intentional or beneficial. I've spent weeks trying to reduce the amount of it.)
1) Rapidly post/cancel trades, risking a fill. 2) ??? 3) Profit!
The ??? represent the part I don't understand.
(If you are actually interested, "quote stuffing" is typically the result of algorithms interacting in unexpected ways. It's not intentional or beneficial. I've spent weeks trying to reduce the amount of it.)