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Envoyé par Raptou Voir le messageSinon,je mets 2 masques chirurgicaux l'un sur l'autre : ça doit filtrer un peu quand même car j'ai du mal à respirer
je préfère ça que rien
chez Picard
au magasin bio
grande surface exclue
leclerc yoff !!
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Bonjour,
FAQ de l'AMF du 26/03/2020 (dispo sur le site de l'AMF en anglais uniquement...) :
8 -Are trades in index derivatives allowed where the basket of securities includes one or more of the securities concerned?
Generally speaking, trades in index derivatives should be taken into account when computing the net position on each share affected by the ban.
However, an investor who holds a long position of shares strongly correlated to an index such as the CAC 40, may hedge its general market risk through a CAC40 derivative even if its portfolio includes only a limited number of CAC 40 shares or even none.The AMF wouldadmit such hedging when:-the portfolio, or part of it, is diversified and consists of shares concerned by the ban;-the value of the portfolio, or part of it, is significantly and reliably correlated to the price level of the index derivative;-the nominal of the hedge is proportionate to the nominal of the portfolio (or a part of it if only a part of the portfolio is hedged);-the transactions on the index derivative are not carried out to enter into short strategies over restricted shares and circumvent the restrictions.
In addition, the creation or increase of net short positions through indexed financial instruments or baskets of shares are excluded from the ban when the shares subject to the Decision represent less than 50% of the composition of the index or basket.
In all cases, taking a net short position in one or more of the securities concerned by combining index derivative transactions and other transactions is prohibited.
For instance, it is prohibited to implement a strategy consisting in:-selling futures contracts on an index whose underlying basket includes one or more of the securities concerned, and -buying futures contracts on any of the securities included in the underlying basket of the index except for the concerned securities.
It is up to each investor to be able to evidence that the transactions on index-related instruments are not carried out to enter into short strategies over restricted shares and circumvent the restrictions.In case of doubt, the AMF recommends to abstain from assuming short positions in such index-related instruments.
Please note that if, due to index trading, a net short position in a restricted share reaches a relevant threshold (i.e. 0.1%, 0.2%, 0.3%, 0.4% of the issued share capital and so on), the position holder has the obligation to notify to the AMFthe change in the net short position. In this case, it is recommended that the position holder clarifies, in the field “comments” of the notification, that the variation in the position has been caused by index trading. Please note that, following ESMA Decision of 16 March 2020, the minimum threshold for net short positions reporting of shares admitted to trading on a regulated market has been lowered to 0.1% of the share capital.
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Envoyé par Yayoun Voir le messageoui, pour se couvrir mais pour pas spéculer... autrement dit il ne faut pas avoir que du BX4 dans son portefeuille
pour info, BX4 toujours dispo chez Binck
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