Friday, 13 March 2020

Countries Suppress Short Offering to Stem Steep Drops …

To stabilize markets, which have actually swung extremely in current days, some nations have started to suppress brief selling, where traders bet a stock will fall.

On Friday, South Korea prohibited brief selling in 3 markets, including its benchmark Kospi Index, which has fallen 19%this year. The ban will last 6 months, from Monday through Sept.15 Italy and the U.K. likewise banned brief selling of 85 shares, and Spain banned shorting of 69 shares whose costs fell past a certain threshold during Thursday’s trading session. Restrictions for …

%%.



source https://jobsearchtips.net/countries-suppress-short-offering-to-stem-steep-drops/

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