In The News

U.K. – FCA Short-Selling Statement

On 23 March 2020, UK FCA issued statement short-selling in UK Markets. FCA is working with international counterparts in US, EU and elsewhere, so markets can remain open and orderly, and so they can continue to perform their essential role. Despite significant volatility, markets continue to operate in an orderly fashion in UK. UK Ban…
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E.U. Net Short Position Threshold

On 16 March 2020, ESMA issued decision on net short position holders. ESMA issued a decision temporarily requiring holders of net short positions in shares, traded on EU regulated market, to notify NCA if the position reaches or exceeds 0.1%. Lower 0.1% Notification 0.1% is calculated based on issued share capital, after entry into force…
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Malaysia – Suspends Short Selling

On 23 March 2020, MLY BML, MLY SCM suspended short-selling until 30 April 2020. Announced that short-selling will be temporarily suspended until 30 April 2020, as part of measures to mitigate risks arising from heightened volatility, global uncertainties. Applies to intraday short-selling (IDSS) and regulated short-selling (RSS), as well as intraday short-selling by proprietary day…
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Bulgaria – FSC Short Selling re COVID-19

On 17 March 2020, FSC advised of its decision not to ban short-selling. BUL FSC stated it would not ban short-selling in relation to the COVID-19 outbreak. Follows ESMA 16 March 2020 decision on net short position holders. FSC published release re the ESMA decision on new reporting requirement on 16 March. It clarified that…
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