E.U. – ESMA Lowers Short Selling Threshold to .1%

E.U. – ESMA Lowers Short Selling Threshold to .1%

On 11 June 2020, EU ESMA renewed decision requiring holders of net short positions, traded on EU regulated market, to notify NCA if position reaches or exceeds 0.1%.

  • While EU financial markets have partially recovered since 16 March 2020, uncertainty around Covid-19 is potentially threatening their future development and stability.
  • The measure applies from 17 June 2020, for a period of three months.
  • The EFTA Surveillance Authority, in cooperation with ESMA, adopted a corresponding decision today, also effective as of 17 June, applicable to EEA EFTA States' markets.