Following Greece's decision to close its banks, stock exchanges and bond markets until 6 July, the Greek financial markets authority HCMC (Hellenic Capital Market Commission) decided, at the end of the day on 29 June, to ban short-selling for the same period. The goal is to prevent European markets from betting on the decline in value of Greek financial products negotiated on the Greek regulated markets (not over-the-counter) which are currently closed, an expert explained.

This exceptional emergency measure was…