4 ms·
> because trading on the basis of MNPI is itself illegal "yes" in Europe, "no" in the US
by tomp 3y ago
> because trading on the basis of MNPI is itself illegal
"yes" in Europe, "no" in the US
- Scarblac 3y agoWhat if the plane is in the middle, over the Atlantic?
- Ekaros 3y agoMy guess is it is based on where you order the execution of trades. That is physical location of either exchange or your broker.
- arthurcolle 3y agoI'm sorry but you are wrong. Russia is the only country that I know of that does not follow "common understanding" of insider trading
- tomp 3y agoDo you ever bother reading? https://en.wikipedia.org/wiki/Insider_trading#Legal_differences_among_jurisdictions https://en.wikipedia.org/wiki/Insider_trading#Legal_differen... > The principle is that it is illegal to trade on the basis of market-sensitive information that is not generally known. This is a much broader scope than under U.S. law. The key differences from U.S. law are that no relationship to either the issuer of the security or the tipster is required; all that is required is that the guilty party traded (or caused trading) whilst having inside information