Temporary ban on net short positions by AMF

The FCA would like to draw the industry’s attention to the announcement by the AUTORITE DES MARCHES FINANCIERS (AMF) which restricts transactions under Article 20 (2) (b) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.

This applies to transactions in shares admitted to trading to French Trading Venues (EURONEXT PARIS, EURONEXT GROWTH PARIS, EURONEXT ACCESS PARIS), as well as to all related instruments relevant for the calculation of the net short position determined in Annex I, part 1, articles 5 and 6 of Commission Delegated Regulation EU Nº 918/2012, except index-related instruments on indices not composed mainly by shares affected by the prohibition.

This measure is effective from 18 March 2020 (at midnight) until the end of trading on 16 April 2020.

The exact scope of this measure is specified in the statement issued by AMF.