Which of those other usages applies in this case? The listed other usages consist of: * Trading against a party who is legally required to publish their intent

Which of those other usages applies in this case? The listed other usages consist of: * Trading against a party who is legally required to publish their intent to trade in a security in advance. * Detecting large orders in the market and trading against them. * A financial advisor producing its own report and trading on that information before disclosing it to its clients.