Fintech Select Ltd
XTSX:FTEC
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We don't have any information about FTEC's insider trading.
Fintech Select Ltd
Glance View
Fintech Select Ltd. engages in the provision of financial payment services and and robust and disruptive payment solutions. The company is headquartered in Concord, Ontario. The company went IPO on 2004-08-20. The firm operates through three segments based on the nature of the product/service: its distribution division, which sells prepaid wireless airtime; its call center and its Financial Services division, which provides prepaid debit card services. Its corporate and Government facing MasterCard programs include infrastructure, such as a large POS footprint, which allows consumers to fund their cards. Its programs have been deployed across multiple Corporate and Government organizations. Its mobile banking platform, Twifty provides credit card processing, Ecommerce processing, Corporate disbursements, fraud and risk management, invoice management, and dispute resolution.
What is Insider Trading?
Insider trading refers to the buying or selling of a company’s stock by individuals with access to non-public, material information about the company.
While legal insider trading occurs when insiders follow disclosure rules, illegal insider trading involves trading based on confidential information and is prohibited by law.
Why is Insider Trading Important?
It isn't a coincidence that corporate executives seem to always buy at the right times. After all, they have access to every bit of company information you could ever want.
However, the fact that company executives have unique insights doesn't mean that individual investors are always left in the dark. Insider trading data is out there for all who want to use it.
Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.
