3 ms·

In a way, hackable information is also public information

• betamoo 7y ago
  That’s equivalent to saying ‘If I can steal your car then the car is free.’ Keep in mind the definition of ‘public’ is not merely that it’s accessible but also that the greater public has access and time to consume the information that could affect the stock price.
  • thrill 7y ago
    When I read or watch or listen to something it doesn't cease to exist in some sort of Mission Impossible effect. So no, not equivalent.
  • jshaqaw 7y ago
    In the US insider trading law is that information must not only be made public but have reasonable time to be disseminated. What exactly that means in the era of text parsing quantbots is unclear but it is the law.