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> The term "insider trading" means something specific which is being inside a company. I don't think it does. You can hear overhear information from someone in
by boxed 4y ago
> The term "insider trading" means something specific which is being inside a company.
I don't think it does. You can hear overhear information from someone in a bar and that is still insider trading. That's how I remember my training from working in fintech at least.
- tootie 4y agoYes, that's correct you don't need to be an insider yourself only having knowingly received information from an insider. But either way it refers only to companies. Having access to scientific observations is fair game. Legally speaking at least.