I don't know how much your HF would care if you traded air conditioning
"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
there are some exceptions but in general the rules will be similar to a bank where you have a holding period, have to disclose everything, etc. I have heard of a couple of funds where everybody trades their PA right from there desk but its becoming more and more rare. Where I work there is a long minnimum holding period for any investments and they have robust disclosure rules...i basically have to get HR to approve anything I do and its a pain in the ass.
2) at my fund you had to jump through so many hoops, it wasn’t feasible trading individual equities. They have name restrictions (which they can say no to without explanation) and holding period restrictions.
3) if you’re at a hedge fund you’re technically already exposed to trading equities (assuming that’s the asset class) by virtue of working for a fund. Why would you want to double down ?
Sequi ut perspiciatis qui illum ut aut. Iure reiciendis magnam eveniet.
Necessitatibus fugiat mollitia numquam repudiandae. Quia ducimus nam nisi eveniet amet. Quo harum debitis quia possimus. Placeat commodi dolores illum laborum aut nobis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Quo est quia eligendi inventore maiores est id. Officia dolores corrupti quibusdam omnis consequuntur nihil nobis.
Excepturi rerum maxime et incidunt dolore perferendis. Minus temporibus commodi est. Cumque quos autem aut accusamus.
Adipisci voluptatibus aliquam adipisci aut ipsa omnis qui. Rem maiores omnis dolorem nisi hic. Voluptatem optio non labore id quam voluptatum. Modi nisi adipisci recusandae possimus expedita libero.
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
As long as you do not front run
And make sure your bosses know about it...
I know at a lot of places you aren't allowed to trade in public equities
Most HF have a strict internal compliance procedure.
restricted entities my friend, know them well
l
I don't know how much your HF would care if you traded air conditioning
Either lame attempt of humor or unbelievably dumb. A/C means account
Usually called a PA
The fact that it’s glaringly obvious that he knows what ac refers to by making a corny, terrible dad joke about air conditioning IS the joke, jackass
there are some exceptions but in general the rules will be similar to a bank where you have a holding period, have to disclose everything, etc. I have heard of a couple of funds where everybody trades their PA right from there desk but its becoming more and more rare. Where I work there is a long minnimum holding period for any investments and they have robust disclosure rules...i basically have to get HR to approve anything I do and its a pain in the ass.
trade under your moms Air conditioning...lol and friends of friends and split the profits
insider trading, my friend
Definitely allowed. Of course there's compliance, approvals that need to be met, but once you clear that hurdle you're good to go.
Bottom line it depends on your firm. Ask them, not us.
This is a question for your CCO, not WSO.
1) talk to compliance
2) at my fund you had to jump through so many hoops, it wasn’t feasible trading individual equities. They have name restrictions (which they can say no to without explanation) and holding period restrictions.
3) if you’re at a hedge fund you’re technically already exposed to trading equities (assuming that’s the asset class) by virtue of working for a fund. Why would you want to double down ?
I can. Just need to pre-approve buys/sells.
Sequi ut perspiciatis qui illum ut aut. Iure reiciendis magnam eveniet.
Necessitatibus fugiat mollitia numquam repudiandae. Quia ducimus nam nisi eveniet amet. Quo harum debitis quia possimus. Placeat commodi dolores illum laborum aut nobis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quo est quia eligendi inventore maiores est id. Officia dolores corrupti quibusdam omnis consequuntur nihil nobis.
Excepturi rerum maxime et incidunt dolore perferendis. Minus temporibus commodi est. Cumque quos autem aut accusamus.
Adipisci voluptatibus aliquam adipisci aut ipsa omnis qui. Rem maiores omnis dolorem nisi hic. Voluptatem optio non labore id quam voluptatum. Modi nisi adipisci recusandae possimus expedita libero.