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Arbitrage (2012) Plot Summary & Timeline

Arbitrage (2012) movie poster

Arbitrage is a 2012 drama and thriller film directed by Nicholas Jarecki, running 1 hour 47 minutes. This page retells the whole story in 463 words (about 2 minutes to read) and covers 14 key events in order, 4 characters, where and when it is set and 3 themes. Looking for the cast, ratings and where to stream it? See the movie page for Arbitrage.

to read the plot summary
2 min
key events in the timeline
14
characters profiled
4
themes explained
3
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Arbitrage (2012) movie poster
Released
Runtime
1h 47m
Director
Nicholas Jarecki
Genres
Drama, Thriller
Original language
English
No spoilers

What Is Arbitrage About?

The premise of Arbitrage in 313 words, with nothing given away. The full story follows below.

In the sleek, high‑powered world of global finance, deals are measured in billions and every decision echoes across continents. The film moves through glossy boardrooms, private jets and the hushed corridors of wealth, painting a portrait of a world where ambition is both a luxury and a burden. A steady, cool‑breezed visual style underscores the relentless precision of the market, while an undercurrent of unease hints at the personal costs hidden behind polished surfaces.

Robert Miller is a seasoned titan of hedge funds, poised on the brink of what could be his most lucrative exit. As he shepherds his empire toward a landmark sale, a massive loan looms like a shadow, threatening to upend the transaction and his reputation. The pressure of closing the deal collides with the invisible weight of past choices, creating a tension that feels both fiscal and existential. The narrative’s tone balances the cold calculus of finance with the heat of personal desperation, inviting viewers into a high‑stakes chess game where each move could have far‑reaching consequences.

At his side is Brooke, his sharp‑witted daughter who shares the helm of the company, and whose loyalty is tested by the secrets she begins to uncover. Ellen, his long‑standing wife, adds another layer of complexity, their marriage strained by the ever‑present demands of power. A fleeting romance with Julie Cote adds a fleeting moment of vulnerability, while a young driver named Jimmy Grant—a man whom Miller once aided—finds himself drawn into the orbit of the billionaire’s ambitions. Their intertwined relationships create a delicate web of trust, ambition, and obligation.

Against this backdrop of opulent excess and looming financial peril, the film sustains an atmosphere of sleek intrigue. It invites the audience to wonder how far a man will go to protect the life he has built, and whether the price of success will ultimately outweigh the personal ties that bind him.

Full plot

What Happens in Arbitrage?

The complete story of Arbitrage, from the first scene to the last, in 463 words (about 2 minutes). Spoilers throughout. Names in the text link to 4 cast member pages.

Spoilers ahead

Sixty-year-old multi-billionaire Robert Miller (Richard Gere) is at the helm of a hedge fund managed alongside his daughter Brooke (Brit Marling). As Miller prepares to sell the company for a significant profit, he is secretly juggling a web of deceit. Unbeknownst to Brooke and his employees, Miller has manipulated the company’s financial records to obscure a major investment loss, all to sidestep potential fraud charges. A hefty loan of $412 million from a shrewd investment banker looms over him, with the risk of losing the money threatening the impending sale.

On a fateful evening, while driving with his mistress Julie Cote (Laetitia Casta), Miller’s exhaustion leads to a tragic accident that results in Julie’s death. Rather than face the music, he flees the scene, desperate to shield his wife Ellen (Susan Sarandon) and maintain the facade of his life. The following day, he finds himself ensnared in a police investigation led by detective Bryer (Tim Roth), who is eager to unravel the truth behind the accident.

Miller concocts a story about his whereabouts, claiming he was home with Ellen as Bryer digs deeper. In an intriguing turn of events, police discover that Miller had a concealed lease on an apartment used by Julie, raising even more suspicion about his involvement. Meanwhile, Brooke uncovers the dark financial irregularities, leading to a confrontational dialogue with her father. Miller attempts to justify his risk-laden copper mine investment in Russia and the subsequent financial turmoil that ensued, convincing Brooke of the dire need for the firm to sell.

As Bryer follows the breadcrumbs and links Jimmy Grant (Nate Parker), a young man Miller helped in the past, to the night of the accident, the noose begins to tighten. Though Jimmy recognizes the implications of his silence, he remains loyal and refuses to divulge Miller’s secrets. Conflict ensues as Miller mentors Jimmy, reinforcing that the sale closure is paramount, even as it leads to Jimmy’s own arrest.

Tensions mount when Miller confronts Mayfield, the buyer, learning that delays have jeopardized the transaction. With a keen sense of negotiation, Miller asserts the value of his operation, successfully clinching a deal worth $525 million. Eventually, he navigates the legal maze, proving that Bryer fabricated critical evidence against Jimmy, thereby dismissing all charges.

However, as Miller’s life seems to stabilize, Ellen devises a plan to leverage the ongoing police investigation against him, seeking a separation agreement that would allow her to claim his wealth. Like a true businessman, Miller stands firm against her threats, revealing the complexities of their strained relationship.

In a dramatic conclusion, Miller finds himself at a banquet celebrating his business success, pondering whether his accomplishments are truly his own triumph or overshadowed by the strains of his personal life as he navigates the aftermath of his choices.

Timeline

Arbitrage Timeline: Every Key Event in Order

14 key events in the order they happen, from “Introduction to Robert Miller” to “Banquet Celebration”.

  1. 1

    Introduction to Robert Miller

    Robert Miller, a 60-year-old multi-billionaire, is introduced as the head of a profitable hedge fund. Alongside his daughter Brooke, he appears to be on the cusp of selling the company for a significant profit, masking deeper troubles beneath his smooth exterior.

  2. 2

    Financial Deceit

    Miller is revealed to be manipulating the company’s financial records to hide a major investment loss. This manipulation is crucial for maintaining the impending sale and avoiding potential fraud charges, showcasing the lengths he will go to protect his empire.

  3. 3

    Driving with Julie Cote

    On a fateful evening, Miller drives with his mistress, Julie Cote. His exhaustion leads to a tragic accident, resulting in Julie’s death, a pivotal moment that propels him into a spiral of deceit and desperation.

  4. 4

    Fleeing the Scene

    In the wake of Julie's death, Miller chooses to flee the scene of the accident. This decision not only reflects his desperation but also sets off a series of events that complicate his life and threaten his secrets.

  5. 5

    Police Investigation Begins

    The following day, Miller finds himself the subject of a police investigation led by detective Bryer. The scrutiny intensifies as Bryer seeks to uncover the truth behind the fatal accident involving Julie.

  6. 6

    Fabricating an Alibi

    As the investigation heats up, Miller concocts a false story, asserting that he was at home with his wife Ellen during the time of the accident. This lie complicates the investigation as Bryer digs deeper into Miller’s activities.

  7. 7

    Discovery of the Apartment Lease

    Police uncover a concealed lease for an apartment linked to Julie, raising further suspicion about Miller's involvement. This discovery adds pressure to Miller as Bryer begins to connect the dots.

  8. 8

    Brooke's Discovery

    Brooke uncovers troubling financial irregularities within the hedge fund. This revelation leads to a tense confrontation with her father, where Miller attempts to justify his risky investment decisions and the firm's need to proceed with the sale.

  9. 9

    Jimmy Grant's Loyalty

    As Bryer’s investigation tightens, he links Jimmy Grant, a young man Miller previously assisted, to the accident. Despite the mounting pressure, Jimmy chooses loyalty over truth, choosing not to reveal Miller's secrets.

  10. 10

    Negotiating the Sale

    Miller confronts Mayfield, the potential buyer, who reveals that delays threaten their transaction. Using his negotiation skills, Miller secures a deal worth $525 million, but the pressure of his circumstances continues to grow.

Show the other 4 events of Arbitrage
  1. 11

    Legal Maneuvering

    Miller navigates the legal challenges posed by Bryer’s investigation. He manages to prove that Bryer fabricated evidence against Jimmy, leading to the dismissal of all charges, momentarily alleviating his immediate legal woes.

  2. 12

    Ellen's Scheme

    As Miller's life seems to stabilize, Ellen devises a plan to leverage the ongoing investigation against him. She seeks a separation agreement that would allow her to gain a portion of his wealth, revealing underlying tensions in their marriage.

  3. 13

    Confronting Personal Strain

    Miller faces the complexities of his strained relationship with Ellen while also reflecting on his professional accomplishments. This introspection raises questions about the true cost of his success and the moral compromises he has made.

  4. 14

    Banquet Celebration

    In a dramatic finish, Miller attends a banquet celebrating his business triumphs. Amid the accolades, he contemplates whether his successes are genuine achievements or overshadowed by the consequences of his actions and choices.

Characters

Who Are the Main Characters in Arbitrage?

4 characters, among them Robert Miller, Brooke Miller and Ellen Miller: who each one is and the part they play in the story. Every profile links to the actor’s page.

  • Richard Gere as Robert Miller in Arbitrage

    Robert Miller

    Played by Richard Gere

    Robert Miller, portrayed by Richard Gere, is a complex character whose duality drives the narrative. On the surface, he presents himself as a successful businessman and loving father, yet beneath lies a man entangled in deceit and moral corruption. His desperate attempts to maintain his empire reveal both his cunning and vulnerability, making him a fascinating anti-hero in the story.

    • 👔 Businessman
    • 💔 Betrayer
  • Brit Marling as Brooke Miller in Arbitrage

    Brooke Miller

    Played by Brit Marling

    Brooke Miller, played by Brit Marling, is a determined and intelligent character who symbolizes the moral compass within the narrative. As Robert's daughter, she grapples with the reality of her father's deceit while trying to salvage the family's legacy. Her confrontations with Robert showcase her strength and resilience, making her an integral part of the unfolding drama.

    • 👩‍👧 Daughter
    • 🧠 Intelligent
  • Susan Sarandon as Ellen Miller in Arbitrage

    Ellen Miller

    Played by Susan Sarandon

    Ellen Miller, portrayed by Susan Sarandon, embodies the complexities of loyalty and betrayal in her marriage. As Robert's wife, she initially appears to be in the dark about her husband's actions, but as the investigation deepens, her character reveals strength and cunning. Ellen's struggle to maintain her status while facing marital turmoil adds depth to her role in the story.

    • 👩 Wife
    • 💪 Strong
  • Tim Roth as Detective Bryer in Arbitrage

    Detective Bryer

    Played by Tim Roth

    Detective Bryer, played by Tim Roth, is relentless in his pursuit of the truth behind Julie's death. His character serves as a foil to Robert Miller, representing the law and moral integrity. As he uncovers the layers of deceit, Bryer's determination highlights the ethical complexities of the situation, making him a crucial figure in the film's tension.

    • 🔍 Detective
    • ⚖️ Justice
Setting

Where and When Is Arbitrage Set?

Arbitrage is set in New York City. Here is why the place matters to the story.

When

The events of the movie unfold in contemporary times, reflecting modern-day financial struggles and ethical dilemmas. The narrative captures the high-pressure world of hedge funds and the personal consequences of greed and deception that pervade today's corporate landscape.

Where

New York City

New York City, known as the financial capital of the world, serves as the backdrop for Robert Miller's high-stakes financial dealings. The city is famous for its towering skyscrapers and bustling markets, drawing in investors and entrepreneurs from around the globe. Miller's hedge fund operates in this vibrant yet ruthless urban environment, highlighting the fierce competition in the finance sector.

  • 🏙️ City
  • 💼 Business
Themes

What Are the Themes of Arbitrage?

3 ideas the story keeps returning to, among them Deception, Consequences and Family Conflict.

  1. 01

    Deception

    Deception is a central theme in 'Arbitrage,' as Robert Miller engages in a web of lies to maintain his wealth and status. His manipulative actions not only affect his professional life but also deeply impact his relationships with his family and loved ones. The film portrays the lengths to which individuals will go to protect their interests, often blurring the lines between right and wrong.

  2. 02

    Consequences

    The consequences of Miller's choices are profound and multifaceted. His decision to flee the scene of an accident leads to a domino effect of personal and professional repercussions, raising questions about accountability. The theme illustrates how decisions made in the pursuit of success can unravel one’s life, bringing a heightened sense of tension and urgency throughout the film.

  3. 03

    Family Conflict

    Family conflict also plays a significant role, particularly between Robert and his daughter, Brooke. As Brooke uncovers her father's deceitful financial practices, their relationship becomes strained, embodying the struggle between familial loyalty and moral integrity. This theme emphasizes the challenges of balancing personal ambition with familial bonds in the face of troubling revelations.

Tone & mood

What Kind of Film Is Arbitrage?

Tense in tone, with fast pacing and a moderate story, going by the plot summary.

Tone
Tense
Pacing
Fast
Story
Moderate
Intensity
High
Ending
Bittersweet

A high-stakes, consistently tense thriller about a billionaire's life unraveling under the pressure of his own deceit, creating an anxious and morally corrosive viewing experience.

  • anxious
  • suspenseful
  • paranoid
  • pressured
  • claustrophobic
  • corrosive
  • white collar crime
  • marital infidelity
  • financial corruption
  • police investigation

Content notes: accidental death, marital infidelity, covering up a crime.

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FAQ

Arbitrage Plot Questions

5 quick answers about Arbitrage, taken from the plot summary, character guide and setting on this page and the film’s credits.

What is Arbitrage about?

In the sleek, high‑powered world of global finance, deals are measured in billions and every decision echoes across continents. The film moves through glossy boardrooms, private jets and the hushed corridors of wealth, painting a portrait of a world where ambition is both a luxury and a burden.

Read the full plot summary

When and where does Arbitrage take place?

Arbitrage is set in New York City. The events of the movie unfold in contemporary times, reflecting modern-day financial struggles and ethical dilemmas.

The setting explained

Who are the main characters in Arbitrage?

The story follows Robert Miller (played by Richard Gere), Brooke Miller (played by Brit Marling), Ellen Miller (played by Susan Sarandon) and Detective Bryer (played by Tim Roth).

All the characters

What are the main themes of Arbitrage?

The summary picks out 3 themes: Deception, Consequences and Family Conflict.

The themes explained

Who directed Arbitrage?

Arbitrage (2012) was directed by Nicholas Jarecki and runs 1 hour 47 minutes.

Nicholas Jarecki’s films

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