Traders were told of Hamas attack on Israel in advance and 'profited from tragic events', researchers claim
- US law professors Robert Jackson Jr and Joshua Mitts found significant short-selling of shares leading up to the massacre, suggesting traders profited from the tragic events.
- Short-Selling on the MSCI Israel Exchange Traded Fund spiked before the attack, and short selling of Israeli securities on the Tel Aviv Stock Exchange increased dramatically.
- The value of the MSCI Israel ETF dropped by 6.1% on 11 October and later fell by 17.5% over the following 20 days. Israeli authorities are investigating claims of insider trading.
63 Articles
63 Articles
Suspicious short-selling occurred days before Hamas attack that sparked Israel-Gaza war: research report
Unknown stocks traders were betting against Israeli companies just days before the Oct. 7 attack by Hamas, according to new financial research. New York University law professor and former Securities and Exchange Commissioner (SEC) Robert Jackson, Jr. and Columbia University law professor Joshua Mitts found that suspicious trading took place not only ahead of the…
Study Claims Hamas Made Millions By Short-Selling Ahead Of Oct 7 Attack
Days before the October 7th Hamas attacks, there was a notable increase in bets against the value of Israeli companies. This suggests that some traders might have possessed advanced knowledge of the impending terror attack and capitalize on it, according to newly released research on Monday. The preliminary findings, not yet subjected to peer review, come from law professors at Columbia University and New York University. Meanwhile, the Tel Aviv…
The Reuters agency notes that “Israeli authorities are investigating this statement”, published this Monday by Robert J. Jackson Jr., of New York University, and Joshua Mitts, of Columbia
Someone knew: Stock traders made millions short-selling before Oct. 7th Hamas attacks
NEW YORK—Some traders at the New York and Tel Aviv Stock Exchanges (NYSE and TASE) apparently knew in advance that Hamas militants were about to launch their attack on Israel before Oct. 7th and that a war would follow. They used that knowledge to cash in by short-selling Israeli shares, generating a profit windfall worth millions of dollars. “Our evidence is consistent with informed traders anticipating and profiting from the Hamas attack” and …
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