On 13 March 2020, UK FCA issued temporary prohibition of short selling.
- UK FCA notified temporary prohibition of short selling of specific financial instruments.
Overview
- Temporary ban of short selling affected several instruments (included in list published) as per arts 23(1) and 26(4) of reg 236/2012, followed decision made by an EU NCA.
Effectiveness
- Measure took effect immediately on 13 March 2020, was in place until end of trading day, interested parties were directed to 2 RNS announcements for further information.
