Austria extends short selling ban
30 November 2010 Vienna
Image: Shutterstock
The Austrian financial market regulator has extended by six months a temporary ban on naked short-selling of the country's four largest publicly listed financial stocks.
The ban, which was introduced in 2008 has been extended to May 31, the Financial Market Authority said in a statement.
The institutions affected by the ban are Raiffeisen Bank International, Erste Group Bank, and insurers Vienna Insurance Group and Uniqa Versicherungen.
The ban, which was introduced in 2008 has been extended to May 31, the Financial Market Authority said in a statement.
The institutions affected by the ban are Raiffeisen Bank International, Erste Group Bank, and insurers Vienna Insurance Group and Uniqa Versicherungen.
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