On 25 March 2021, SAU Tad amended short sale, securities borrowing rules. Saudi Stock Exchange (SAU Tad) and Securities Depository Center Company (EDAA) issued amended short selling and securities borrowing and lending (SBL) regulations. Also amended the Exchange and Centre Procedures and glossary of exchange rules. Follows February 2020 consultation with draft amendments to the…
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Norway – FSA Short Sales Market Mapping
On 23 March 2021, NORFSA reported on Norwegian stock market mapping. Report on Norwegian short selling activity stock market development trends 2019-20. To help prevent market abuse, aid intervention in serious threat to financial stability. Provides short positions data insights from register at aggregate level, includes below 0.5%; these are large proportion of total reported…
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Denmark – FSA Halts Net Short .1% Threshold
On 17 March 2021, DEN FSA reported net short position holders decision end. DEN FSA noted ESMA's temporary decision on the threshold for notifying short positions expires 19 March 2021, as GDP forecasts show some optimism for recovery. Follows ESMA March 2021 ended decision on holders of net short positions. Net Short Position Threshold Decision…
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Iceland – CB Cancels Net Short Position Threshold
On 15 March 2021, ICL CB reported end of net short position holders decision. ICL CB noted EFTASA's temporary decision on the threshold for notifying short positions expires 19 March 2021, as GDP forecasts show some optimism for recovery. Follows ESMA March 2021 ended decision on holders of net short positions. And follows EFTASA March…
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EFTASA Puts End to .1% Net Short Reporting Requirement
On 15 March 2021, EFTASA said it will not renew decision requiring disclosure of net short positions of 0.1% and over, thus the decision will will expire on 19 March 2021. Announcement, in coordination with ESMA, means reporting threshold for net short positions will revert to 0.2% of the issued share capital of companies whose…
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Sweden – FI Announces End to Temporary .1% Net Short Reporting Threshold
On 15 March 2021, SWE FI said temporary lowering of limit ceases soon. SWE FI said temporary lowering of limit to notify short net position ceases on 19 March 2021. Follows SWE FI February 2021 reminded market of the rules for short selling. Follows ESMA March 2021 will not renew decision on net short positions.…
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