How did Dan Aykroyd make money in trading places?

How did Dan Aykroyd and Eddie Murphy win at the end of Trading Places? Investors make money when they buy low and sell high. In Trading Places, Eddie Murphy and Dan Aykroyd sell high and then buy low. Either way, they make a lot of money.

What is the Eddie Murphy rule?

To protect our markets, we have recommended what we call the “Eddie Murphy” rule to ban insider trading using nonpublic information misappropriated from a government source.”

How much money did Billy Ray and Louis make in trading places?

How much did Billy Ray and Louis make in their scheme? The actual amount isn’t given but the Dukes had to pay $394 million ($1.011 BILLION in 2019 adjusted for inflation) In the movie, the Dukes “shorted” oranges in a “margin” trade, using leverage.

What was the bet in trading places?

Billy Ray Valentine is a hustling beggar. Winthorpe’s employers, the elderly Duke brothers, make a bet that by switching the lifestyle of the two, Billy Ray will make good and their man will take to a life of crime.

Where was the last scene in Trading Places filmed?

In the final scenes where Duke and Dukes see their comeuppance, the two protagonists get rich quick with the stocks at the World Trade Center in New York. This scene was actually filmed there in the Comex Commodities Exchange Center within the World Trade Center building.

How much money was made at the end of Trading Places?

Per single contract this is 15,000 pounds * 84.5 cents per pound = $12,675 per contract. Multiply this by roughly 20,000 contracts and their total profit was: $253,500,000. In just one hour on the trading floor. Impressive.

Who are the two homeless guys in coming to America?

The homeless men that receive the money from Prince Akeem (Eddie Murphy) are the Duke brothers (Ralph Bellamy and Don Ameche) from Trading Places (1983) (also directed by John Landis). In that movie, Billy Ray Valentine (Murphy) was responsible for The Dukes losing their fortune.

What does Dan Aykroyd say in trading places?

Standing on the floor of the exchange, Winthorpe (Dan Aykroyd) yells out: Sell 30 April at 142! Here’s what that means: He wants to promise to sell orange juice in April for $1.42 per pound. The “30” in his line means he wants to start by selling 30 contracts.

Where is the Duke mansion from Trading Places?

Philadelphia, PA
You can find the Duke and Duke building at 135 South Broad Street, Philadelphia, PA.

Where was the final scene of Trading Places filmed?

Who wrote Trading Places movie?

Timothy Harris
Herschel Weingrod
Trading Places/Screenplay

What year did Trading Places come out?

June 8, 1983
Trading Places/Initial release

Who are the actors in the movie Trading Places?

Trading Places is a 1983 American comedy film directed by John Landis and written by Timothy Harris and Herschel Weingrod. It stars Dan Aykroyd , Eddie Murphy , Ralph Bellamy , Don Ameche , Denholm Elliott , and Jamie Lee Curtis .

How did Eddie Murphy and Dan Aykroyd make money on Trading Places?

In Trading Places, Eddie Murphy and Dan Aykroyd sell high and then buy low. Either way, they make a lot of money. So what happened? It starts with some insider information. Aykroyd and Murphy steal a report that will cause the price of orange juice to fall, and replace it with a report that says OJ prices will rise.

How does Aykroyd make everyone buy OJ?

Moving to the big scene, the Duke brothers, through their trader, starts buying OJ futures. Then everyone buys. The value skyrockets. Once the price gets to a high point, and the whole market thinks the price will only go up, Aykroyd calls out a promise to sell OJ at that high price in the future.

Why do the Duke brothers start buying OJ futures?

They do this because they know their enemies, the Duke brothers, will trade on the phony report. Moving to the big scene, the Duke brothers, through their trader, starts buying OJ futures. Then everyone buys.