Amid greater fears surrounding debt burdens in Europe, the German government is considering a ban on naked short selling in financial markets and currency derivatives.
The plan, revealed in a document shared with financial institutions, would extend a partial ban adopted last week. The expanded regulations would outlaw naked short selling in credit default swaps, on some European bonds, currency derivatives and in stocks of all German companies listed on a domestic exchange.
ISE loses appeal; index exclusivity holds
The Illinois Appellate Court has ruled in favor of CBOE, McGraw-Hill and CME Group Index Services, in index options litigation against the ISE.
ProShares launches ETF that targets highly rated corporate bonds
The ETF invests in covered bonds, a type of collateralized corporate debt typically issued by non-U.S. financial institutions.
Euro falls to 22-month low as German business confidence slides
The euro traded close to the weakest level since July 2010 versus the dollar as German business confidence slid and manufacturing shrank, stoking concern fallout from the debt crisis is spreading.
Crude options volatility rises as futures near $90 a barrel
Crude-oil options volatility rose for the first time in three days as underlying futures slipped below $90 a barrel.
