A person who decides to buy or sell securities based on publicly available information and analysis is called a(n) __________ trader.
A) Public
B) Informed
C) Noisy
D) Inside
E) Block

Question

Quizplus · Accepted Answer

An informed trader is someone who uses publicly available information and analysis to make trades. A public trader is someone who trades in the open market but may not necessarily be using publicly available information to make trades. A noisy trader is someone whose trades do not have any informational value and may be driven by factors such as liquidity needs. An inside trader is someone who trades on non-public information, which is illegal. A block trader is someone who trades in large volumes.

A Person Who Decides to Buy or Sell Securities Based