Short selling and securities borrowing and lending moving ahead
The new regulatory framework for the execution of securities borrowing and lending and short selling has been recently approved by ASF. The respective adjustments to the Central Depository rules have also been approved by the National Bank of Romania and currently under review by ASF.
On 14 July 2016 BVB organised a seminar for all market participants to discuss the practical implementation of short selling and securities borrowing and lending. During the seminar BVB's CEO emphasised that short selling is important as a tool to improve the quality of the pricing mechanism and makes market making more attractive.
Andreea Albu
Relationship Manager
GSS Romania
andreea.albu@unicredit.ro