"Israel Probes Pre-Attack Knowledge Trading in Oct 7 Hamas Incident"

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Source: Reuters
"Israel Probes Pre-Attack Knowledge Trading in Oct 7 Hamas Incident"
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TL;DR Summary

Israeli authorities are investigating allegations that some investors may have had prior knowledge of a Hamas attack on October 7 and used that information to profit from Israeli securities. Research by US law professors found significant short-selling of shares leading up to the attacks, with short interest in the MSCI Israel Exchange Traded Fund (ETF) spiking on October 2. The Israel Securities Authority is investigating the matter, which involves short-selling of Israeli securities on the Tel Aviv Stock Exchange (TASE). The researchers suggest that traders informed about the attacks profited from the events, and the investigation is ongoing.

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