Naked euro currency swaps face same fate as CDSs in Germany


The German Finance Ministry has produced draft legislation that would enshrine last week's temporary short selling ban into law. However, the legislation expands the scope of instruments banned to capture naked currency swaps on the euro as well as all German stocks traded on exchanges.

The shorting ban announced by the German securities regulator, Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin), which shook global markets last week, initially prohibited the naked short selling of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...


You need to sign in to use this feature. If you don’t have a 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 individual account here: