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A comment on Is it insider trading if I bought Boeing puts while inside the wrecked airplane?. Parent comment

Re:Is it insider trading if I bought Boeing puts while insid... by tomp on Saturday January 27, 2024 @06:01PM (#39160767)
> because trading on the basis of MNPI is itself illegal

"yes" in Europe, "no" in the US

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Re:Is it insider trading if I bought Boeing puts while insid... by Scarblac on Sunday January 28, 2024 @03:19AM (#39163526)
What if the plane is in the middle, over the Atlantic?
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Re:Is it insider trading if I bought Boeing puts while insid... by Ekaros on Sunday January 28, 2024 @03:25PM (#39169478)
My guess is it is based on where you order the execution of trades. That is physical location of either exchange or your broker.
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Re:Is it insider trading if I bought Boeing puts while insid... by arthurcolle on Sunday January 28, 2024 @04:19AM (#39163861)
I'm sorry but you are wrong. Russia is the only country that I know of that does not follow "common understanding" of insider trading
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Re:Is it insider trading if I bought Boeing puts while insid... by tomp on Sunday January 28, 2024 @03:21PM (#39169435)
Do you ever bother reading?

https://en.wikipedia.org/wiki/Insider_trading#Legal_differen...

> The principle is that it is illegal to trade on the basis of market-sensitive information that is not generally known. This is a much broader scope than under U.S. law. The key differences from U.S. law are that no relationship to either the issuer of the security or the tipster is required; all that is required is that the guilty party traded (or caused trading) whilst having inside information

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