The European Securities and Markets Authority (ESMA) on Monday said it had issued a negative opinion on a proposed extension of the emergency short selling prohibition, regarding Attica Bank S.A. (ISIN GRS001003011), proposed by the Hellenic Capital Market Commission (HCMC). The HCMC had proposed extending the prohibition on short sales in any shares of Attica Bank…
Read moreThe European Securities and Markets Authority (ESMA) has published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The original ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank S.A., expired…
Read moreThe European Securities and Markets Authority (ESMA) last night published an opinion agreeing with Greek regulator HCMC that a short selling ban on shares in five Greek banks should be extended. The previous ban, which covered shares in Alpha Bank A.E., Attica Bank S.A., National Bank of Greece S.A., Eurobank Ergasias S.A., and Piraeus Bank…
Read moreThe prohibition will remain in place until September 30, 2015. It temporarily bans certain transactions in shares and units of ETFs on the Athens Exchange and the Multilateral Trading Facility of EN.A.
Read more"Creditors can either retain their demands for a deal that does not involve debt relief (which won’t be accepted) or cede to the will of the Greek people and renege on their ‘red line’ that has been in place since the start of current negotiations" - Simon Smith, Chief Economist, FxPro
Read moreHaving made changes to margin requirements this weekend in the advent of the Greek referendum, Hantec Markets advises its clients that the trading conditions have now returned to normal
Read moreSaxo Bank's prediction is that the outlook for the third quarter of this year hangs in the balance, depending on the degree of fallout and EU peripheral contagion should Greece vote ‘No’
Read moreThe complicated situation in Greece has pushed the broker to warn it may reduce leverage on EUR pairs to 1:50 at market close this Friday.
Read moreGoldman Sachs: "In one year's time, the Euro will be fetching just 95 cents"
Read moreDutch Finance Minister Jeroen Dijsselbloem said it would be "crazy" to extend the Greek bailout beyond its midnight expiration as Athens was refusing accept the European proposals on the table
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