SCA holds sem­i­nar on short sell­ing aware­ness

The National - News - Business - - Inside Track -

A sem­i­nar on aware­ness about short sell­ing reg­u­la­tions was re­cently or­gan­ised by the Se­cu­ri­ties and Com­modi­ties Author­ity. It brought to­gether bro­kers, fi­nan­cial an­a­lysts and trad­ing man­agers in bro­ker­age com­pa­nies op­er­at­ing in the UAE. Short sell­ing is the prac­tice of sell­ing bor­rowed shares in the hope of buy­ing them back later at a lower price, re­turn­ing them to the orig­i­nal owner and keep­ing the dif­fer­ence.

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