Naked euro currency swaps face same fate as CDSs in Germany

- Matt Cameron
- 25 May 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net