3 ms·
I mean, it does. Because why bother if you can do the trades on your own account and share nothing? If your trading broadcasts information moving the share pr
by Ntrails 4y ago
I mean, it does. Because why bother if you can do the trades on your own account and share nothing?
If your trading broadcasts information moving the share price in the direction you're predicting... that's better for you. It's giving every insider a micro Buffet effect to their trades. Why in Gods name would they not use it?
- zigzag312 4y agoOriginal comment suggest making insider trading transparent, by sharing insider trades in real-time or even with at least 1 day advance notice. So, there is data being shared. Outsourcing trades to a 3rd party would circumvent that data sharing (assuming insider trade reporting is automatic).
- Ntrails 4y agoI mean, sure the advance notice version is bad and you just cheat the same way you do now. But if you just have to declare your trades immediately with a tag... there is no reason at all to hide that?