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And now... a short story about Eastern Europe

Daniel Axmer, senior research analyst at Asset Alliance, explains how availability of stock loan in Eastern Europe's markets is changing the landscape for hedge funds

Stock-shorting is a relatively new practice in Eastern Europe. Only in the last couple of years, as the regional markets developed and matured, have hedge funds started to look at shorting opportunities.

The equity markets have grown substantially to the point where, today, the aggregate market capitalisation of regional markets is roughly $1,000bn. Historically, the only way to short regional

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