'Spoofing' defendant was biggest trader in markets, U.S. jury hears
October 30, 2015 at 14:59 PM EDT
CHICAGO, Oct 30 (Reuters) - Michael Coscia, the first trader being prosecuted under a U.S. "anti-spoofing" law, became the biggest player in markets ranging from gold to soybeans when he launched computer programs designed to cancel large orders within a fraction of a second, a jury heard on Friday.
