4 ms·
Kind of similar to how my own system works (by identifying insiders and what they discuss): https://projectpiglet.com/ https://projectpiglet.com/ It is totall
by lettergram 8y ago
Kind of similar to how my own system works (by identifying insiders and what they discuss):
https://projectpiglet.com/ https://projectpiglet.com/
It is totally legal to get information ahead of the market, especially if it's "public". It is not legal to trade if it's non-public information as it relates to securities. In this case, it's also legal to get information from a paid source (think a paid news source - WSJ), it's not legal if they are bribing.
In this case, the journalist is just selling the story to bloomberg who is then distributing the news (potentially) slightly ahead of it's public release (this is no different than a paid journal).