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S. Korea lifts ban on short selling after 14 months Updated: 2021-05-03 09:56:21 KST

Starting on Monday, investors in South Korea will be able to short sell some of the country's biggest stocks.
Seoul's Financial Services Commission said on Sunday that the ban on short selling on two-hundred large-cap firms listed on the benchmark KOSPI will be lifted.
The lift on the 14-month ban also applies to 150 firms listed on the secondary-KOSDAQ.
This partially ends the world's longest restriction on the trading strategy, imposed to safeguard investors from a sudden market fall.
Short selling is when investors sell stocks they have borrowed, betting that the stock will go down in price.
To reduce market volatility during the pandemic, short selling has been banned in South Korea since last March.
KOGL : Korea Open Government License
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