A stock trader accused of “spoofing” has filed court papers saying no, he just thinks fast because of speed chess.
bloomberg.com/news/articles/ … his-trades
The key paragraph is:
Oystacher was a competitive speed chess player in Russia and still plays today, according to court papers. Such games are limited to three to five minutes, and “to excel, a speed chess player must therefore be able to process relevant information, forecast his opponents‘ actions, and react appropriately, all on an expedited timeline.”
Does Oystacher play anywhere online? He is not listed in USCF records under that name or spelling. Does FIDE or the Russian Federation have any record?
FIDE does not, at least not under that precise spelling. Not sure about the Russian Federation.
I was able to dig up 4 online games, but with such a small number (and presumably he was getting used to the interface), hard to judge anything from them. I think the chess angle is just lawyer BS, he was bending the rules for his benefit. SEC should improve the rules in spoofing area.