The naked crunch for short-sellers

Nick Sawyer

The reaction to a ban on naked short selling introduced in Germany last month was probably not what the country’s regulator, the Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin), or the German finance ministry had been expecting. The rules themselves, while initially vague, were narrow in scope and clearly meant for a domestic audience. Nonetheless, markets went into freefall, apparently spooked by a lack of co-ordination among European politicians. Equity markets across the globe sold

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: