Day: March 20, 2020
Mar
20
Asian markets rise while US stock futures struggle
Asian markets jumped Friday while US stock stuttered after yet another volatile day of trading. Asian Markets and U.S futures South Korea’s Kospi was last up 4.5%, putting the benchmark index on pace to record its first gains since March 10. Hong Kong’s Hang Seng Index increased 2.8%, while Australia’s S&P/ASX 200 advanced 1.9%. China’s […]
Mar
20
ESMA issues positive opinions on bans on net short positions by Belgian FSMA and Greek HCMC
The European Union’s market watchdog is ramping up surveillance of hedge funds and other short sellers that may be taking advantage of the market rout caused by the coronavirus outbreak. The prohibitions apply, as follows: FSMA, Belgium · The measure bans transactions which might constitute or increase net short positions on stocks admitted to trading on Belgian trading […]
