An insider is a person which, thanks to their job role, is privy to important information about the Forex financial markets which most other market participants don’t have access to. Most insiders are top managers of banks, major shareholders and those on a company's board of directors: people who have access to secret information on the financial market and who can use this information to their own advantage. There are various laws to regulate the activities of insiders. Each currency market participant can monitor the actions of insiders and take the signals they give into account. However, according to many analysts, insider decisions are not always correct.