There's not a snowball's chance in Hell that the ASX will halt short selling unless they're forced to by the government. Short selling increases market turnover which equals revenue for the ASX.
They are hopelessly compromised by being allowed to act as both market mediator and market facilitator. The situation is ridiculous and ought to be resolved. But no one in power seems to have any interest in improving market regulation, so the dismal situation will continue until something blows up so badly that the government has no choice but to respond to public outrage.
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