4 ms·

Arent stock market transactions public information or am I mistaken? Someone could find out who did the shorting?

by rzmmm 3y ago

quickthrowman 3y ago
The SEC has access to all trade data, but public market trade data doesn’t have any identifying information, time and sales data consists of just that. For example, ‘bought/sold x units of y instrument at timestamp’. You might also get the exchange it was traded on, and possibly other information depending on who you buy market data from.
im3w1l 3y ago
The fact that they it hasn't come out who did it makes me half-wonder if it's because it's very embarassing. Maybe someone connected to intelligence agency, rather than someone connected to Hamas.
- sakopov 3y ago
  There are various Twitter accounts tracking daily trades (i.e. calls with single day expiry) and correlating them to the news cycle such as acquisitions and other events with significant price movement implications for specific companies. Basically there is insider trading going on daily where the returns are 100-400x in a single trading day. I think the reality is more simple than we tend to think and the SEC just doesn't have the technical chops nor the time to go after all of these.
  - _boffin_ 3y ago
    > There are various Twitter accounts tracking daily trades (i.e. calls with single day expiry) and correlating them to the news cycle such as acquisitions and other events with significant price movement implications for specific companies. What are are some of the X/Twitter handles doing that you're talking about?
- yieldcrv 3y ago
  its probably not that deep, the SEC probably doesn't care or didn't find anything in their purview fraudulent insider trading requires the trader to have a contract from the company about not disclosing, a terrorist attack doesn't involve that, there are plenty of times when you can trade on non public information. its meant other things before the courts have just narrowed it over and over again

Arent stock market transactions public information or am I mistaken? Someone could find out who did the shorting?

by rzmmm 3y ago

Arent stock market transactions public information or am I mistaken? Someone could find out who did the shorting?

The SEC has access to all trade data, but public market trade data doesn’t have any identifying information, time and sales data consists of just that. For example, ‘bought/sold x units of y instrument at timestamp’. You might also get the exchange it was traded on, and possibly other information depending on who you buy market data from.

im3w1l 3y ago

The fact that they it hasn't come out who did it makes me half-wonder if it's because it's very embarassing. Maybe someone connected to intelligence agency, rather than someone connected to Hamas.

sakopov 3y ago
There are various Twitter accounts tracking daily trades (i.e. calls with single day expiry) and correlating them to the news cycle such as acquisitions and other events with significant price movement implications for specific companies. Basically there is insider trading going on daily where the returns are 100-400x in a single trading day. I think the reality is more simple than we tend to think and the SEC just doesn't have the technical chops nor the time to go after all of these.
- _boffin_ 3y ago
  > There are various Twitter accounts tracking daily trades (i.e. calls with single day expiry) and correlating them to the news cycle such as acquisitions and other events with significant price movement implications for specific companies. What are are some of the X/Twitter handles doing that you're talking about?
yieldcrv 3y ago
its probably not that deep, the SEC probably doesn't care or didn't find anything in their purview fraudulent insider trading requires the trader to have a contract from the company about not disclosing, a terrorist attack doesn't involve that, there are plenty of times when you can trade on non public information. its meant other things before the courts have just narrowed it over and over again