We foster trust in the marketplace by ensuring everyone has equal access to information when investing. That’s why we never buy, sell, or hold (“trade”) securities (such as stock) when in possession of inside information. We also never share (“tip”) inside information with others so they can trade.
Understand inside information.
As part of our jobs, we often work with, or are exposed to inside information. Inside information is both:
- Material, meaning it could affect the price of a security (often stock) of a Company, and
- Nonpublic, meaning it hasn’t been released to the public yet
Trading and tipping on inside information, whether it deals with FIS or another company, are illegal forms of insider trading.
To combat insider trading, first know how to spot inside information. Some examples include nonpublic information about pending:
- Legal proceedings
- Earnings releases
- Changes in leadership
- New services or solutions
- Updates to rates
Keep in mind that inside information can take many forms. If you are unsure whether something would be considered inside information, treat it as though it is until you confirm otherwise. You may reach out to the Corporate Secretary or Ethics Office with questions.
Additional Resources Available:
Hedging and Pledging Policy
Insider Trading or Tipping Policy
Our Core Values In Action
Q: My coworker shared that our recent acquisition has finally gone public. May I now purchase additional stock in FIS?
A: It depends. First confirm that this material information has indeed been published. You may search for associated press releases or other publicly available resources. If you find that the news of the acquisition is publicly available, you can proceed with your purchase.