"Israel Investigates Suspicious Trading Activity Prior to Hamas Attack"

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Source: BBC.com
"Israel Investigates Suspicious Trading Activity Prior to Hamas Attack"
Photo: BBC.com
TL;DR Summary

Israel is investigating claims that some investors may have had prior knowledge of Hamas's attack on Israel on October 7. An academic study suggests that investors betting against the Israeli economy made significant profits through short-selling in the days leading up to the attack. The researchers found a dramatic increase in investors seeking to sell shares in Israeli companies and noted a spike in selling activity in an Exchange Traded Fund (ETF) that tracks Israeli shares. The Israel Securities Authority is investigating the matter, and the study suggests that traders informed about the attack profited from the tragic events.

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