short sale

Defined in Article 2, Short Selling Regulation

Definitions over time (1)

1. 17/09/2014 – today applies on 11/11/2026 Article 2, Short Selling Regulation Scope: Whole act

   For the purpose of this Regulation, the following definitions apply:

   ‘short sale’ in relation to a share or debt instrument means any sale of the share or debt instrument which the seller does not own at the time of entering into the agreement to sell including such a sale where at the time of entering into the agreement to sell the seller has borrowed or agreed to borrow the share or debt instrument for delivery at settlement, not including: a sale by either party under a repurchase agreement where one party has agreed to sell the other a security at a specified price with a commitment from the other party to sell the security back at a later date at another specified price; a transfer of securities under a securities lending agreement; or entry into a futures contract or other derivative contract where it is agreed to sell securities at a specified price at a future date;

Used in (16 places in 13 provisions on 11/11/2026)

Short Selling Regulation (16 in 13)

Recital 13 · Recital 17 · Recital 18² · Recital 19 · Recital 20 · Article 2² · Article 3 · Article 12 · Article 13 · Article 17 · Article 20² · Article 23 · Article 28