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Tuesday, June 17, 2014 2:46:20 PM
That is not insider trading. Insider trading is trading on the basis of insider information, which is supposed to be disseminated to the market in an orderly fashion. A processor sale would be exactly that. And any "insider" at the customer would have that insider knowledge. From an ethical point of view, enforced by the company's ethics agreements, they are bound to secrecy. An insider is any c-level executive or high-level executive involved in deals of this nature.
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