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Open-Market Transaction |
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Open-Market Transaction A transaction in which a person with inside information on a company buys or sells that company's stocks after filing all pertinent forms with the SEC. An open-market transaction is the only legal way for an insider to trade on a company without committing the crime of insider trading. In an open-market transaction, the insider makes the transaction as close to the market price as possible. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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