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FMA approves amendment to the trading rules of Wiener Börse: suspension of trading upon price changes of 10% or more, temporary short-selling prohibitions

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On the basis of the package of measures to counteract the effects of the international financial crisis on Austria, as adopted by the Austrian Federal Government in a Cabinet meeting on October 8, 2008, the Austrian Financial Market Authority (FMA) has with immediate effect approved a petition from Wiener Börse AG for amendment to the trading rules:

  • In the event of changes of more than 10% in the price of a financial instrument, Wiener Börse AG will suspend trading in this security temporarily or until revocation.
  • So-called “short selling” of individual traded securities, or of all traded securities, can be prohibited temporarily or until revocation with immediate effect.

For further information please contact
Klaus Grubelnik (FMA Media Spokesperson)
+43/(0)1/24959-5106
+43/(0676)/882 49 516