Dear Traders,
Financial authorities in France, Spain and Belgium have extended the prohibition of short-selling of equiry and index products until May 19th, 2020.
Therefore, the following instruments are trading in long-only mode:
- Spain - IBEX35 index CFD (both cash and index futures based contracts) and share CFDs.
- Belgium - Share CFDs.
- France - CAC40 index CFD (both cash and index futures based contracts) and share CFDs.
When instruments are in long-only mode, we can only accept trades that will realise in a decrease of your net short ("sell") position, or in an increase (also in the creation of entirely new) of your buying position in this instrument.
We note that applied restrictions may be extended for a period that is deemed necessary by regulators to ensure the stability and orderly functioning of financial markets.
Best regards, Admiral Markets
OnsaFX, a regulated, global & zero-commission broker, is strengthening its presence in Africa by preparing to enter the Ghanaian market.