Germany Wants Wider Ban Nn Naked Short Selling

Filed under: International Markets, Launches, Money and Finance Today, Personal Finance, Politics, Headline News

In yet another surprise move, Germany wants to widen its ban on naked short selling. According to the Wall Street Journal, Germany's Finance Ministry proposed extending its ban on "naked short selling" to cover all stocks and euro currency derivatives not intended for hedging.



Naked short sales covers sales not owned by the seller and isn't borrowed to cover the position while it is held. Many politicians in Germany see naked short selling as a way to manipulate the markets. What happens is that naked short sales can dwarf the underlying assets.

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Germany Wants Wider Ban Nn Naked Short Selling originally appeared on BloggingStocks on Tue, 25 May 2010 18:30:00 EST. Please see our terms for use of feeds.

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Germany - Short - Naked short selling - Wall Street Journal - BloggingStocks

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