The Moscow Stock Exchange and the Central Bank plan to create an indicator of insider trading activity. The tool will help prevent unfair behavior by stock market participants, as well as increase its transparency.
Subscribe to RB.RU on Telegram
The Moscow Stock Exchange and the Bank of Russia are exploring the possibility of launching a new index to analyze the trading activity of insiders. Vedomosti writes about this with reference to the general director of the Moscow Stock Exchange department, Irina Grekova.
Similar tools are already used in world practice; Insider trading disclosure information is provided by exchanges and analytical resources in the form of issuer trading indices.
According to Grekova, the launch of the internal index will increase the transparency of the stock market and prevent dishonest behavior on the part of its participants.
Between 2010 and 2023, the Bank of Russia identified more than 150 cases of illegal insider trading for market manipulation purposes.
Author:
Kirill Bilyk
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
