Denmark warns against bank short selling
08 December 2010 Copenhagen
Image: Shutterstock
The Danish FSA has warned against possible short selling in Danish banks with share issues.
Short selling of Danish banks was banned during the peak of the financial crisis in 2008.
"In connection with publication of the prospectus for the share issue by Fjordbank Mors, the Danish FSA is warning investors against selling bank shares, where delivery depends on a future expectation of allotment of new shares in connection with share issues, as investors risk breaching the ban on short selling Danish bank shares," the Danish FSA said in a statement.
Short selling of Danish banks was banned during the peak of the financial crisis in 2008.
"In connection with publication of the prospectus for the share issue by Fjordbank Mors, the Danish FSA is warning investors against selling bank shares, where delivery depends on a future expectation of allotment of new shares in connection with share issues, as investors risk breaching the ban on short selling Danish bank shares," the Danish FSA said in a statement.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
