Europe bans short-selling, May 19th Greece debt due-EURO crash overnight or rebound?

Discussion in 'Chit Chat' started by increasenow, May 18, 2010.

  1. Europe bans short-selling, May 19th Greece debt due---EURO crash overnight?...we are already are seeing the Euro take a huge hit today...overnight does it CRASH or REBOUND?
     
  2. Tomatoeye

    Tomatoeye

    The ban is on greek bonds, financials, or every stock??
     
  3. Mnphats

    Mnphats

  4. Is there a more detailed explanation for what they are *actually* doing, as the news blurb as written doesn't make sense for debt/CDS markets.
     
  5. I'm quoting the Bloomberg story...

    As writtenm, there are TWO bans in there.

    - one on naked short selling (presumably of equities)
    - one on naked CDS (which doesn't involve naked short selling, per se)