Short selling banned for one month on Euronext Brussels and Euronext Growth

p0box4

p0box4

After a temporary ban on short selling on selected products on Tuesday:

https://www.cnbc.com/2020/03/17/sho...n-hope-of-stemming-stock-market-bleeding.html

The FSMA (financial regulator in Belgium) has now announced a short selling ban for one month on Euronext Brussels and Euronext Growth (unable to find an article in English but feel free to use Google Translate):

https://www.tijd.be/markten-live/nieuws/algemeen/shorten-maand-lang-verboden-op-euronext-brussel/10215143.html

According to the article the stock exchange in Madrid took similar action and financial regulators in France are considering similar actions.

The BEL20, the Belgian stock index is down around 40% from its all time high earlier this year and recently had its worst day in its 30 years of existence.
 
Yeah you still need a bid to dump your stock. If short sellers aren’t driving it down orderly, it will still get to where it needs to be, but in a more choppy fashion
 
clacy said:
Yeah you still need a bid to dump your stock. If short sellers aren’t driving it down orderly, it will still get to where it needs to be, but in a more choppy fashion
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poopy theory

how about real longs get to sell at better prices, and stocks dont tank as much
 
NewTraderAdventure said:
you're over your head

who are the shorts selling to then ?

we are talking like adults here, right ? not internet goofy poopy peeps
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Supply and Demand poopy. If more buyers than sellers, demand is high, ergo better prices. If more sellers than buyers, demand is low, ergo lower prices. If you "ban" shorting, the demand is slanted towards the longs....as only sale of owned shares would be allowed. This means you'd end up w/an illiquid market where the demand to short an asset is not met by the available shares to sell, artificially inflating the price.

Again, who wants to own an inflated asset not representative of its true value? If shorting had not been around since forever, this would be fine, but you're taking away a system that has kept the price of the asset in check for years.
 
16,800 posts by a pinhead?

When stocks are dropping fast , very little actual purpose is served by short sellers
All they are doing is frontrunning actual sellers. Then covering at even lower prices.

You're an embarrassment to ET

"but you're taking away a system that has kept the price of the asset in check for years."

lol, short selling has not prevented any bubbles . If anything it makes them worse

I shouldnt even be wising you up , but you're clearly harmless and dont trade
 
NewTraderAdventure said:
16,800 posts by a pinhead?

When stocks are dropping fast , very little actual purpose is served by short sellers
All they are doing is frontrunning actual sellers. Then covering at even lower prices.

You're an embarrassment to ET

"but you're taking away a system that has kept the price of the asset in check for years."

lol, short selling has not prevented any bubbles . If anything it makes them worse

I shouldnt even be wising you up , but you're clearly harmless and dont trade
More...
This is off-topic, but can you get rid of that fathead avatar? Geezus, looking at that fat kid makes my stomach churn.
 
NewTraderAdventure said:
16,800 posts by a pinhead?

When stocks are dropping fast , very little actual purpose is served by short sellers
All they are doing is frontrunning actual sellers. Then covering at even lower prices.

You're an embarrassment to ET

"but you're taking away a system that has kept the price of the asset in check for years."

lol, short selling has not prevented any bubbles . If anything it makes them worse

I shouldnt even be wising you up , but you're clearly harmless and dont trade
More...

I take pride in my troll count, I don't go on creating multiple nicks
 
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