Closed period: Difference between revisions
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A period before a company announcement during which directors and senior employees are not allowed to trade shares in their company.<br /> | A period before a company announcement during which directors and senior employees are not allowed to trade shares in their company.<br /> | ||
This ban is because of the high probability that such individuals will have inside knowledge of news that will have an effect on the share price. | This ban is because of the high probability that such individuals will have inside knowledge of news that will have an effect on the share price. | ||
== See also == | == See also == | ||
*[[Insider dealing]] | *[[Insider dealing]] | ||
Revision as of 11:53, 30 May 2015
A period before a company announcement during which directors and senior employees are not allowed to trade shares in their company.
This ban is because of the high probability that such individuals will have inside knowledge of news that will have an effect on the share price.
