Permanent clamps put on short sellingFont Size: Decrease Increase Print Page: Print December 04, 2008
Article from: Australian Associated Press
PERMANENT restrictions will be placed on the stock market practice of short selling under a bill passed by Federal Parliament today.
The legislation, which passed the Senate tonight, bans so-called naked short selling and provides greater scrutiny of covered short selling.
Put simply, short selling is where investors sell shares that they don't own, on the assumption that they will fall in value.
The bill also expands the Australian Securities and Investment Commission's powers.
Story Tools
anyone watching rio trade in london, page-5
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RIO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$111.79 |
Change
1.380(1.25%) |
Mkt cap ! $41.58B | |||
| Open | High | Low | Value | Volume |
| $111.86 | $113.38 | $111.37 | $60.31M | 535.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 222 | $111.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $111.80 | 36 | 2 |
View Market Depth
| Last trade - 13.40pm 13/09/2024 (20 minute delay) ? |
| RIO (ASX) Chart |