Investors May Have Had Prior Knowledge of Hamas Attack on Israel
A new study detected a sharp uptick in trading activity on Tel Aviv and US stock exchanges before October.
Some traders may have been informed about the Hamas plan to attack Israel on October 7 and used that knowledge to make millions of dollars by short-selling Israeli securities, a study by US researchers published on Monday suggests.
Law professors Robert Jackson Jr. from New York University and Joshua Mitts of Columbia University examined trading in exchange-traded funds that invest in Israeli companies, as well as short-selling activity on the Tel Aviv Stock Exchange (TASE) and options activity around Israeli firms traded on US exchanges.
https://www.rt.com/business/588534-israel-hamas-attack-stock-short-selling/
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