UK watchdog says short-sellers not to blame for market rout
Share:
LONDON (Reuters) - Britain's financial markets have stayed orderly during the recent significant market volatility, and there is no evidence that short-sellers are the driver of a market rout, the Financial Conduct Authority said on Monday.While some European Union states have temporarily banned short-selling, the FCA said that it, most European countries and the United States have not introduced such curbs."Aggregate net short selling activity reported to FCA is low as a percentage of total..