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 […]
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 […]
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 […]
On 18 March 2020, TAI FSC introduced restrictions on securities borrowing. Total balance of securities borrowing and margin trading shall not exceed 25% of OTC listed securities or beneficiary units; total securities borrowing shall not exceed 10%. Amount of securities borrowing orders on intraday market must not exceed 10% of the average transaction volume over […]
On 16 March 2020, GE BaFin reduced reporting for net short positions. Follows, ESMA March 2020 issued decision on net short position holders. ESMA has lowered the reporting limit for net short positions in shares to 0.1 percent. Reduction in reporting limit is a precautionary step related to the COVID-19 pandemic. It will grant exceptions […]
On 17 March 2020, ESMA issued official opinion agreeing to emergency short selling prohibition for 3 months by CONSOB on all transactions which might constitute/ increase net short positions on all shares traded on Italian MTA regulated market. For which ITA CONSOB is relevant competent authority and to all related instruments relevant for calculation of […]