World Federation of Exchanges embraces the suspension of the ban on short selling LeapRate

May 19, 2020 BY Steffy Bogdanova

World Federation of Exchanges embraces the suspension of the ban on short selling

WFE published a paper reviewing the academic literature on short-selling and short-selling bans, comparing the arguments against banning short-selling with the arguments in favour. “What does academic research say about short-selling bans?” almost unanimously indicates that short-selling bans are disruptive for the orderly functioning of markets. They are found to reduce liquidity, increase price inefficiency…

May 18, 2020 BY Steffy Bogdanova

French regulator suspends ban on short selling

AMF wanted to avoid any pro-cyclical influence that the considerable uncertainties and decline in the market may have caused and implemented the unprecedented measure of prohibiting net short positions. Since the ban, markets have partly reduced their losses, trading volumes and volatility levels, although still high, have resumed to more normal positions. The French market’s…

April 03, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Stocks continue to tumble, IG Group launches institutional offering, UK banks cut payments to shareholders

Saxo Bank Group announced lower profit of DKK 40 million net profit this year, but record number of new clients in its 2019 report. Retail FX brokerage group Admiral Markets announced that it has expanded its Premium Analytics portal to include featured trading ideas from Trading Central. Traders can now use Admiral Markets’ Premium Analytics portal to…

January 12, 2016 BY Maria Nikolova

ESMA says “NO” to proposed Greek short selling ban extension

The European Securities and Markets Authority (ESMA) on Monday said it had issued a negative opinion on a proposed extension of the emergency short selling prohibition, regarding Attica Bank S.A. (ISIN GRS001003011), proposed by the Hellenic Capital Market Commission (HCMC). The HCMC had proposed extending the prohibition on short sales in any shares of Attica Bank…

December 07, 2015 BY LeapRate Staff

ESMA extends Greek bank share short selling ban to December 21

The European Securities and Markets Authority (ESMA) has published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The original ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank S.A., expired…

November 10, 2015 BY Maria Nikolova

ESMA agrees to extend short selling ban on shares in five Greek banks

The European Securities and Markets Authority (ESMA) last night published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The previous ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank…

January 22, 2014 BY Gerald Segal

ESMA cements its powers, as EU court defeats UK appeal against new short selling rule

ESMA already introduced severe restrictions on short selling, such as banning Naked Shorts European bureaucrats have scored a decisive victory over the UK’s challenge of financial laws today. The European Court of Justice has released a ruling against limiting the powers of the European Securities and Markets Authority (ESMA) to restrict short selling of certain…

Tag: short selling ban