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Quantitative Finance · Begrippenlijst

Wat is Material non-public information?

Definition 12.4 Research Craft: Predictors, Backtests, Measurement, Portfolios · Hoofdstuk 12 — Alternative and Text Data

Material non-public information (MNPI) is information about a security or its issuer that has not been made public and that is material: in the SEC’s words, a matter is material if there is a substantial likelihood that a reasonable person would consider it important. Trading on MNPI obtained in breach of a duty is insider trading.

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