Ban on Short Selling UK Financial Stocks Lifted

 

We are pleased to inform you that the Financial Services Authority (FSA) allowed the ban on "short selling" stocks of UK financial sector companies to lapse on 16th January 2009. Once again you are now able to sell these shares on our spread betting platform.

The FSA has extended the disclosure obligations for short selling of stocks in UK Financial sector companies indefinitely. For more information about disclosure obligations please visit the FSA website or click here

It is important to note that other regulators outside of the UK may still have their shorting ban imposed and it is your responsibility to know which shares you can and cannot short. Please remember that this ban may be reinstated in the future and whilst we will attempt to keep you informed of any changes to trading regulations, we cannot be relied upon to keep you informed and we are not liable for any regulatory actions taken.

If you have any queries about this information, please contact our Customer Support Team who will be happy to help you.

Trading Line: 0870 200 0277 (overseas: +44 (0) 20 7456 7066)
Customer Support: 0870 200 0377 (overseas: +44 (0) 20 7456 7067