Trading Places is fondly referred to as a Christmas comedy, but its understanding of the NY Stock Exchange and shares trading was said to be profound.
In fact, as I understand it, the scheme that Eddie Murphy and Dan Aykroyd’s characters pull on the Duke brothers was not not only achievable but exposed a legal loophole so problematic, new legislation was passed in 2011 to prevent anyone from trying it for real. It actually has became known as The Eddie Murphy Rule
While it took a few decades to surface, the fact pattern set forth in the movie “Trading Places” has finally come to pass. However, instead of the alleged wrongdoers bribing a U.S. government official for a sneak peek at orange harvest information to get an advantage in trading frozen...
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I have watched the film countless times and I must admit I still don’t get how it works