Tuesday August 9 2011

News Source: Global Disclosures

Focus: Short Selling

Type: General

Country: Greece




The Board of Directors of the Hellenic Capital Market Commission have decided to temporarily ban Greece short selling of shares and units of Exchange Traded Funds listed in the Athens Exchange irrespective of the venue where the transaction is executed (regulated markets, Multilateral Trading Facilities or over the counter). The ban includes covered short sales and sales which are settled with subsequent intraday purchases. This Decision shall take effect from 9 August 2011 and shall remain in force up to and including 7 October 2011.

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