Ways to Avoid Insider Trading
from the alter-the-stock-market dept
While I highly doubt this will ever be implemented, some professors have come up with an interesting system to prevent the effects of insider trading. Basically it involves bundling all trades at 15 minute intervals, and allowing everyone to see all the trade requests that build up over that time period, so you have 15 minutes of "free time" to react. Reading over the system I can name a lot of problems that I think would come out of it, and there are always ways to get around the system. However, as reported elsewhere, it does seem that insider trading is a problem. As a director of a company isn't that one of things you're supposed to know? I don't think folks take being a director as seriously as they should.
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