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| Market abuse is the term used to describe any misuse of confidential or non public information so as to attempt to gain a trading advantage. Market abuse also encompasses: insider dealing; improper disclosure; manipulating transactions; manipulating devices; misleading dissemination.
| | The party that issues a cheque. |
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| Legislation exists in most financial markets to specify the detail of what is prohibited as market abuse and within the EU this is covered by the Market Abuse Directive ([https://www.esma.europa.eu/system/files/Dir_03_6.pdf Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003]) and the revised Market Abuse Directive II and the Market Abuse Regulation which are in the process of being enacted in 2014
| | Sometimes spelt 'payer'. |
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| For example trading in a company's shares whilst in the possession of inside information that a profits warning was about to be announced would be insider trading and therefore market abuse.
| | == See also == |
| | * [[Cheque]] (US: check) |
| | * [[Payments and payment systems]] |
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| | | [[Category:Cash_management]] |
| == Other links ==
| | [[Category:Liquidity_management]] |
| [http://www.treasurers.org/node/3244 ACT briefing note: The New Market Abuse and Disclosure Regime in the UK - A Guide for Listed Companies; August 2005] | |
Revision as of 06:45, 2 July 2022
The party that issues a cheque.
Sometimes spelt 'payer'.
See also
