A US study revealed an unusual volume of transactions at the New York and Tel Aviv stock exchanges that gambled on the collapse of the Israeli stock market a week before the October 7th attack, The Marker revealed for the first time on Monday
The report was based on a study called Trading on Terror?, carried out by two of the greatest US experts in the field of securities law: Prof. Robert Jackson Jr. of New York University, formerly one of the heads of the American Securities and Exchange Commission (SEC), and Prof. Joshua Mitts of Columbia University, an expert in short transactions.
A short trade is a trade in which a trader “bets” against the performance of a stock or some asset, and profits when its value falls. The researchers examined short transactions carried out in the MSCI Israel Exchange Traded Fund (ETF) and Israeli companies listed in the US and on the Tel Aviv Stock Exchange.
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