The Warsaw Stock Exchange looks to have won its long-fought battle with Polish regulators to allow the short selling of stocks.
“Short selling will be allowed [from July 1], with many safeguards created by WSE and the National Depository for Securities during the extensive discussions with the Financial Supervision Authority,” said Jaroslaw Ziębiec, director of the bourse’s financial instruments development department, today (Friday June 25).“Primarily, short selling needs to be flagged – that’s the most important feature. WSE will also have the possibility to suspend short selling in the event of a significant decrease...