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 According to the CME Rulebook, Phantom 
Orders are orders that were never authorized by anyone and arise through a 
mistake or malfunction of some kind. I guess that spoofing is alive and 
well. 
  
Andrew 
  
  
[snip]  Wouldn't another 
name for "spoofing" be called "Phantom orders"?  Which is illegal per 
Globex.[snip] 
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