UK Accounting Glossary
Information gained by someone inside, or close to, a listed company which could confer a financial advantage if used to buy or sell shares. It is illegal for a person who is in possession of inside information to buy or sell shares on the basis of that information.
Insider trading is the trading of a public company’s stock or other securities by individuals with access to nonpublic information about the company. In a number of countries, trading based on insider information is illegal.
Whilst it’s not proven, it’s still highly possible they were acting on some kind of insider information.
The media played a key role in protecting certain investors by spreading insider information to a wider audience.
The company also accused him of using insider information to help acquire his job at Facebook.
Insider information is a non-public fact regarding the plans or condition of a publicly traded company that could provide a financial advantage when used to either buy or sell shares of that (or another company’s securities).
In most cases, Insider information is typically gained by someone who is working within or close to a listed company.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Insider Information are sourced/syndicated from:
This glossary post was last updated: 23rd December 2018.