Definition for : Strong-efficient market
GLOSSARY LETTER
In a strong-efficient financial Market, Investors with privileged or Insider information or with a monopoly on certain information are unable to influence prices of securities. This situation can be true only when financial Market regulators have the power to prohibit and punish the use of Insider information. See also Efficient market.
(See Chapter 15 The financial markets of the Vernimmen)
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