Greece: Ban on short-selling extended further

26.10.2012

Further to our Marketflash M12036, dated 26 July 2012, the Hellenic Capital Markets Commission (HCMC) has decided to extend the ban on short-selling of equities and ETFs until 31 January 2013.

When making this decision, the HCMC took into consideration the following factors:

  • Conditions prevailing in the Greek and other European capital markets;
  • Recent decision by the regulatory authorities in Spain (the CNMV) to extend their short-selling ban.

We continue to monitor the situation and will provide new information as it becomes available.

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