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It's not a question of morals, but a fundamental requirement for the publicly traded stock market to function. If insider trading is allowed, the market will t
by eemil 3y ago
It's not a question of morals, but a fundamental requirement for the publicly traded stock market to function.
If insider trading is allowed, the market will turn into a game called 'who has the best insider information'. No one will buy or sell stocks based on public information alone, because they will always be at a disadvantage.
- deleted 3y ago[deleted]
- zarathustreal 3y agoIf you’re buying stocks based on public information alone, in this age of web scraping and algorithmic trading, you’re already always at a disadvantage.
- prepend 3y agoThe idea is to minimize disadvantages, not eliminate.
- Jenk 3y agoWeb scraping and "algorithmic trading" both depend upon publically available information
- bigbillheck 3y agoI'd be OK with banning automatic trading.
- bluGill 3y agoThat is all public information. I'm not convinced it is valuable information, but it is pudlic and you should cunsider how pou use it