Capital Market Commision extends short selling ban on bank shares

Greek Capital Market Commission on Tuesday extended a ban in short selling on bank shares listed in the Athens Stock Exchange until/and December 21.  

Capital Market Commision extends short selling ban on bank shares

The market watchdog based its decision on the fact that a bank recapitalization process was still underway. This temporary ban includes intraday transactions on shares and transactions on ADRs or GDRs and all warrants. The ban does not include primary dealers' transactions on stock shares included in the FTSE/ASE Bank index, derivatives on these shares, warrants on these shares and ETFs.

Best of internet