Sustainable energy stocks have become the target of short selling by hedge funds. According to a report in the Financial Times, with managers betting that the prospect of a rise in the interest rate will mean companies with strong environmental credentials but weak earnings are less attractive to investors.
Read more
New Temporary Short Selling Bans
On 19 January, Rulefinder identified four new short selling bans in Turkey. Effective Ban is in effective from 20 January to 18 February 2022
Read more
U.K. – FCA Short Selling Indicator, UK MiFIR
On 13 January 2022, UK FCA reported on flexibility re short selling indicator. UK FCA announced temporary measures for reporting the short selling indicator in transaction reports while considering changes to the UK transaction reporting regime. Overview Transaction reports submitted to the FCA under UK MiFIR must contain designation to identify a short sale; information…
Read more
E.U. – EC Net Short Selling Notification
On 11 January 2022, EU CMSN issued regulation 2022/27 amending regulation 236/2012. As regards adjustment of threshold for notification of significant net short positions. Amends the current short selling notification threshold and sets it permanently at 0.1 %. Regulation in force on 20th day following publication in Official Journal, 31 January 2022.
Read more
Austria – FMA Net Short Position Reporting
On 30 December 2021, AUT FMA reported on new net short reporting threshold. AUT FMA reported on lowered EC notification threshold for net short positions. Follows EC September 2021 adopted regulation on notification threshold. Also follows ESMA May 2021 proposed permanently lowering threshold. Also follows ESMA September 2021 consultation to review short sale rules Overview…
Read more
Turkey – New Temporary Short Selling Ban Announced
On 27 December 2021, Borsa Istanbul announced a new temporary short selling ban in shares of Eczacibasi Yatirim Holding Ortakligi A.S. and it also extended the short selling ban in MIA Teknoloji A.S. Effective Date: Starting on 28 December 2021 through 27 Jan 2022.
Read more