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How Do Wash Trading and Spoofing Differ from Front-Running?

Wash trading involves simultaneously buying and selling the same asset to create a misleading impression of trading volume, often to manipulate price. Spoofing is placing a large order with no intent to execute, then canceling it just before execution to manipulate the price or mislead others.

Front-running is using non-public order information to trade ahead. All three are forms of market manipulation, but they use distinct mechanisms and intent.

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