Firewall

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Firewall

The legal barrier between banking and broker/dealer operations within a financial institution created to prevent the exchange of inside information.

Chinese Wall

Informal; the imposed lack of communication between the investment banking and brokerage services of a financial institution. The Chinese wall exists in order to prevent brokers and investment bankers working for the same company from deliberately or accidentally sharing inside information that could lead to illegal insider trading. The Chinese wall protects both the financial institution at large and the individual investment bankers and brokers.
References in periodicals archive ?
John: We have one full-time person who is the managing editor of our intranet site, the corporate site, and she has one full-time assistant.
Not every employee will be able to get onto the intranet via his or her desktop, so we'll use kiosks to bridge the gaps.
A CPA firm could use an intranet to advise employees of its professional policies and procedures, professional ethics, employee addresses, telephone and electronic (e)-mail directory, and other basic documents that require constant updating and thus can benefit from the readily available, up-to-date format.
For more information about Intranet Journal please visit: www.
This person will be responsible for establishing good relationships with software vendors, Internet service providers and everyone who uses the intranet.
Nielsen Norman Group Announces the 2007 World's 10 Best Intranets
Nasdaq:AQNT), today released the first "Corporate Intranets Best Practices Report: A User-Driven Web 2.
The 10 best intranets for 2006, in alphabetical order, are Allianz Australia Insurance Ltd.
Beyond the Office: Intranets came to life as document repositories, and soon grew into support tools for office workers.
Some of the world's largest financial institutions use IntraNet software to move money, settle multiple currencies and streamline back office operations.