230616 2200: as polls close on Brexit referendum night, Nigel Farage, a former commodities broker and the face of the Leave campaign, concedes defeat.
230616 2252: in a Foreign Exchange market driven by Remain sentiment, the network effect of Farage's concession pushes the Pound to a 6 month high.
240616 0528: the Pound reaches its lowest point in 30 years, losing 12% of its value against the Dollar.
ECHO FX is an audiovisual performance replaying the echoes of misleading information spread on social media and financial markets on the night of the 2016 Brexit referendum. Triggered by a perfectly timed concession by Nigel Farage, those echoes contributed to inflate the value of the Pound market by spreading rumors of a Brexit loss. As the referendum outcome became apparent later that night and the Pound market crashed, a few London City traders, later demonstrated to have gained access to otherwise private polls pointing to a Leave win, made millions from their timely bets against the Pound.
ECHO FX was presented on the third anniversary of referendum night in June 2019 as part of the club night Ø (Hyperdub) at Corsica Studios in London, and it was performed 24h before the United Kingdom left the European Union in January 2020 as part of CTM x transmediale festival at Berghain in Berlin. In November 2021, Krisis Publishing published "ECHO FX", a collection of essays and visual contributions by writers and artists further exploring the events of the night, including a digital download of the performance.
- 2021 (release)
- ECHO FXKRISIS PUBLISHINGA book and performance about market manipulation on Brexit Referendum night
- ØFLATLINE PRESS/HYPERDUB
- 2020 (live)
- CTM × TRANSMEDIALEBERGHAIN, berlin
- 2019 (screening)
- Ø.29CORSICA STUDIOS, london
230616 2200: as polls close on Brexit referendum night, Nigel Farage, a former commodities broker and the face of the Leave campaign, concedes defeat.
230616 2252: in a Foreign Exchange market driven by Remain sentiment, the network effect of Farage's concession pushes the Pound to a 6 month high.
240616 0528: the Pound reaches its lowest point in 30 years, losing 12% of its value against the Dollar.
ECHO FX is an audiovisual performance replaying the echoes of misleading information spread on social media and financial markets on the night of the 2016 Brexit referendum. Triggered by a perfectly timed concession by Nigel Farage, those echoes contributed to inflate the value of the Pound market by spreading rumors of a Brexit loss. As the referendum outcome became apparent later that night and the Pound market crashed, a few London City traders, later demonstrated to have gained access to otherwise private polls pointing to a Leave win, made millions from their timely bets against the Pound.
ECHO FX was presented on the third anniversary of referendum night in June 2019 as part of the club night Ø (Hyperdub) at Corsica Studios in London, and it was performed 24h before the United Kingdom left the European Union in January 2020 as part of CTM x transmediale festival at Berghain in Berlin. In November 2021, Krisis Publishing published "ECHO FX", a collection of essays and visual contributions by writers and artists further exploring the events of the night, including a digital download of the performance.