Greece extends short selling ban
09 December 2011 Athens
Image: Shutterstock
The Hellenic Capital Market Commission has extended a short selling ban on the Athens Stock Exchange to 27 January, according to Reuters.
"The capital market commission is closely monitoring market developments and pertinent decisions in the European Union," the commission reportedly said.
Currently France, Italy, Greece, Spain and Belgium have short selling curbs in place. France has banned 10 financial stocks until early February, although the French securities regulator said it would lift the ban earlier if market conditions improved.
The Italian financial regulator extended the ban on financial stocks until 15 January 2012 and banned naked short selling. Curbs in Belgium and Spain have no published end date, according to the latest update by European financial markets watchdog, ESMA.
"The capital market commission is closely monitoring market developments and pertinent decisions in the European Union," the commission reportedly said.
Currently France, Italy, Greece, Spain and Belgium have short selling curbs in place. France has banned 10 financial stocks until early February, although the French securities regulator said it would lift the ban earlier if market conditions improved.
The Italian financial regulator extended the ban on financial stocks until 15 January 2012 and banned naked short selling. Curbs in Belgium and Spain have no published end date, according to the latest update by European financial markets watchdog, ESMA.
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