Bafin shorting ban may be narrower than feared

germany-3d-map-web

The shorting ban announced by the German securities regulator, Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin), may be narrower in scope than many market participants had first thought.

The decree, which shook global markets today, prohibits the naked short selling of eurozone government bonds, credit default swaps (CDSs) on those bonds and 10 German financial stocks. However, according to interpretation of the rules by lawyers, the ban looks to be very limited.

"The rules, at first glan

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: