Updated 22/12/2024
In force

Version from: 12/02/2015
Amendments
Search within this legal act

Article 6 - Net short positions in shares — short positions

Article 6

Net short positions in shares — short positions

1.  
A short sale of a share through the short sale of a basket of shares shall, in relation to that share, also be taken into account to the extent that that share is represented in the basket.
2.  
For the purposes of Article 3(1)(a) and 3(3) of Regulation (EU) No 236/2012 where a position in a financial instrument, including those listed in Annex I, Part 1, confers a financial advantage in the event of a decrease in the price or value of the share, this position shall be taken into account in calculating the short position.