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1 Markets I: The Ecosystem and Exchange-Traded Marketsالأسواق عبر الإنترنت 2 Markets II: Rates, FX and Creditالأسواق عبر الإنترنت 3 Markets III: Commodities, Energy and Cryptoالأسواق عبر الإنترنت 4 Quantitative Methodsالأساليب عبر الإنترنت 5 Derivatives and Volatilityالمشتقات عبر الإنترنت 6 Rates, Credit, XVA and Riskالفائدة والائتمان والمخاطر عبر الإنترنت 7 Research Craft: Predictors, Backtests, Measurement, Portfoliosالبحث عبر الإنترنت 8 Strategies I: Equities and Futuresالاستراتيجيات عبر الإنترنت 9 Strategies II: Volatility, Relative Value, Macro and the Bank Desksالاستراتيجيات عبر الإنترنت 10 Microstructure and Executionالتنفيذ عبر الإنترنت 11 Market Making and High-Frequency Tradingصناعة السوق عبر الإنترنت 12 Machine Learning for Marketsتعلم الآلة عبر الإنترنت 13 Low-Latency Softwareالتكنولوجيا عبر الإنترنت 14 Networks, Hardware and Trading Infrastructureالتكنولوجيا عبر الإنترنت 15 Research, Data and Risk Platformsالتكنولوجيا عبر الإنترنت 16 The Desk and the Firmالشركة عبر الإنترنت 17 The Industry: Firms, Roles and Careersالمسارات المهنية عبر الإنترنت 18 The Interview Bookالمسارات المهنية عبر الإنترنت
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Quantitative Finance · المسرد

ما معنى Information barrier, wall-crossing, insider list؟

يُعرف أيضًا باسم: information barrier · wall-crossing · insider list

Definition 16.6 The Desk and the Firm · الفصل 16 — Compliance and Market Abuse

An information barrier is the set of organisational, physical and electronic controls that keep inside information held in one part of a firm from people in another who trade or advise on the instruments concerned. A wall-crossing is the controlled passing of inside information to a person on the other side of a barrier, or to an outside investor sounded about a transaction, with their prior consent, recorded, and binding them not to trade until the information is public or no longer inside. An insider list records every person with access to inside information about an issuer, when they obtained it, and why.

Information barriers: the private side holds inside information, the public side trades; compliance sits across both, keeps the lists, records wall-crossings and pre-clears and surveils the public side. Schematic.
Figure 16.4. Information barriers: the private side holds inside information, the public side trades; compliance sits across both, keeps the lists, records wall-crossings and pre-clears and surveils the public side. Schematic.
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