Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

FSA clamps down on short-selling

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Latest Breaking News Donate to DU
 
dipsydoodle Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-18-08 12:32 PM
Original message
FSA clamps down on short-selling
Source: BBC News

The Financial Services Authority (FSA) has announced restrictions on short-selling, whereby traders bet on share prices falling.

The city watchdog will clamp down on the speculation that some believe was to blame for the sharp falls in HBOS shares in recent days.

Certain analysts said short-selling had triggered the takeover of HBOS by Lloyds TSB.

The changes will be introduced from midnight on Thursday.

Read more: http://news.bbc.co.uk/1/hi/business/7624012.stm


This affects all traders both sides of the Atlantic - think so anyway.
Printer Friendly | Permalink |  | Top

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC