4 ms·
Or perhaps we could put a few holes in the shark tank by releasing appropriately anonymous aggregate data hourly on all transactions? Seriously, why not?
by keithpeter 12y ago
Or perhaps we could put a few holes in the shark tank by releasing appropriately anonymous aggregate data hourly on all transactions?
Seriously, why not?
- pbhjpbhj 12y agoWouldn't that just mean that the stock price would jump hourly to the corrected price instead of jumping quarterly. Those with insider information would have to work harder but they'd just extract the value from the system in smaller increments? It's possible that releasing hourly negates the effect of the information withholding; but I don't think it's necessarily a foregone conclusion. Instead of trading on longer term signals you're trading on "did company X sell as much this morning as expected" - which I'll grant you is a ludicrous thing to base that companies worth on. Perhaps it means people who have less effect on long-term signals get to take part in insider trading though - if you know there's a new advert or offer coming out you can predict a revenue shift.