Finance Glossary

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Asymmetric Information

Definition:

Asymmetry happens when one side is unequal to the other. Uma's eyes. Gramma's breasts. Any number times 2 then minus 1.

In Series-7-land, it refers to the dissemination of information relating to stocks and bonds and other securities wherein one set of players - maybe those closest to the company - get the information first, can trade or act on it, and then that information gets out to the rest of the world. This is illegal. Do not do this.