How Hedge Funds Gamed Brexit to Make Millions

How Hedge Funds Gamed Brexit to Make Millions

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video explores the events of Brexit night, focusing on the role of polling data in financial markets. Journalists from Bloomberg investigate how hedge funds used secret polling data to profit from the Brexit vote. The investigation reveals the involvement of key figures like Nigel Farage and the impact of his concession speeches on the market. The story highlights the ethical and legal implications of using non-public information for financial gain, leading to public and political scrutiny.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the concession speeches given by Nigel Farage?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did the journalists discover about the private polling data and its impact on the Brexit vote?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the reasons given by Nigel Farage for his concession during the Brexit vote?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the public and lawmakers react to the revelations about polling firms and hedge funds?

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