Greek short selling ban extended

25 August 2011

The Hellenic Capital Markets Commission (HCMC) is monitoring closely developments in the markets in cooperation with ESMA and the supervisory authorities of France, Italy, Spain and Belgium, which have adopted emergency measures to limit or prohibit short selling.

The HCMC will reassess before the end of September the prohibition of short selling of shares listed in the Athens Exchange, which is in force until October 7th, upon consultation with the above-mentioned supervisors, taking into account in particular the conditions prevailing in the Greek market as well as in the markets in general. The HCMC shall endeavour to follow a similar approach with said supervisors with respect to extending the duration or lifting of the sort selling ban, or to taking additional measures to the extent that this is warranted by conditions. This statement is issued under the coordination of ESMA.

Press release

© HCMC - Hellenic Republic Capital Market Commission