First RSS, SBL concluded at CSE

Tuesday, 7 November 2023 01:18 - - {{hitsCtrl.values.hits}}

The Colombo Stock Exchange (CSE) yesterday announced that Regulated Short Selling (RSS) through Stock Borrowing and Lending (SBL) was successfully launched.

This initiative aims to promote market efficiency and enhance liquidity while improving the market microstructure of the CSE, aligning with international standards and best practices. Prior to the launch, CSE conducted multiple workshops and awareness sessions (both physical and virtual) for the stakeholders and the general public on the RSS and SBL, which were well received by the participants. With the launch, a few RSS and SBL transactions were recorded on the first day itself.