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FSA Short Selling Rule

The FSA's ban on short selling in UK financial services companies expired on Friday 16 January 2009. The ban's removal means that you may take a long or short position on UK quoted financials stocks. 

Please note that a block on short selling remains in place in numerous other jurisdictions. For a list of Jurisdictions and Stocks that continue to have restrictions:

Ireland
Bank of Ireland
Allied Irish Banks Plc
Irish Life and Permanent Plc
Anglo Irish Bank Corporation Plc

Germany
AAREAL BANK AG
ALLIANZ SE
AMB GENERALI HOLDING AG
COMMERZBANK AG
DEUTSCHE BANK AG
DEUTSCHE BÖRSE AG
DEUTSCHE POSTBANK AG
HANNOVER RÜCKVERSICHERUNG AG
HYPO REAL ESTATE HOLDING AG
MLP AG
MÜNCHENER RÜCKVERSICHERUNGS-GESELLSCHAFT AG

France
Allianz
April Group
AXA
BNP PARIBAS
CIC
CNP ASSURANCES
CREDIT AGRICOLE
DEXIA
EULER HERMES
HSBC HOLDING
NATIXIS
NYSE EURONEXT
PARIS RE
SCOR
SOCIETE GENERALE

Netherlands
AEGON
BINCK BANK
FORTIS
ING GROEP
KAS BANK
SNS REAAL
VAN DER MOOLEN
VAN LANSCHOT

Spain
Banco de Andalucía
Banco de Vasconia
Banco de Castilla
Banco Español de Crédito
Banco de Crédito Balear Bankinter
Banco de Galicia BBVA
Banco Guipuzcoano
Caja de Ahorros del Mediterráneo
Banco Pastor
Grupo Catalana Occidente
Banco Popular
Español Mapfre
Banco Sabadell
Inverfiatc
Banco Santander
Bolsas y Mercados Españoles
Banco de Valencia
Renta 4

Risk Warning: A spread trade is a margined product; it is possible to lose more than your initial margin deposit or credit allocation as well as any variation margin that you may be required to deposit from time to time. Therefore you should only speculate with money that you can afford to lose. Spread trading may not be suitable for all customers; therefore please ensure that you fully understand the risk involved and if necessary seek independent advice prior to entering into such transactions. When spread trading with WorldSpreads you are merely trading on the outcome of a financial instrument and therefore do not take delivery of any underlying instrument, nor are you entitled to any dividends payable or any other benefits related to the same.

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Regulation: Financial Spread Betting is a trading name of WorldSpreads Ltd. WorldSpreads Ltd is Authorised and Regulated by the Financial Services Authority. Registration No: 230730.