|
|
Germany bans naked short-selling, swaps speculation
From Bloomberg/Businessweek.com: Germany prohibited naked short- selling and speculating on European government bonds with credit-default swaps in an effort to calm the region’s financial markets, sparking investor anxiety about increasing regulation.
The ban, which took effect at midnight and lasts until March 31, 2011, also applies to the shares of 10 banks and insurers, German financial regulator BaFin said yesterday in an e-mailed statement. The step was needed because of “exceptional volatility” in euro-area bonds, BaFin said… Full article: Source
France not following new German ban
From Reuters.com: France is not considering banning naked short-selling on European debt, unlike Germany, French Economy Minister Christine Lagarde said on Wednesday… full article:
Source
Dutch regulator: no current plan for ban
From Reuters.com: Dutch financial markets regulator AFM said on Wednesday it had no immediate plans to follow Germany in introducing bans on some risky transactions across different asset classes… full article:
Source
Europe's stock markets plunge a...................... To view our full article Click here
|
|