Greece: Temporary short selling ban announced

The Hellenic Capital Market Commission (HCMC) has announced a temporary ban on the short selling of shares of the credit institutions admitted to trading on the Athens Exchange. This comprises the FTSE/Athex Banks index, as stated below, irrespective of the venue where the trade is executed and is also applicable to OTC transactions.

FTSE/Athex Banks Index:

Alpha Bank A.E.
Attica Bank S.A.
National Bank of Greece S.A.
Eurobank Ergasias S.A.
Piraeus Bank S.A.

The ban is effective from 1 October 2015 to 9 November 2015 inclusive.

For further details please refer to the announcement available on the HCMC website.

We continue to monitor the situation in the Greek market and will provide further information as it becomes available.

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