July 28 (Reuters) - Many global exchanges changed trading rules this year in light of the coronavirus pandemic, from shortening trading hours to altering short-selling rules, to protect their markets from intense volatility and speculative trading.
Some markets have since returned to pre-pandemic rules.
Here are some updates of the measures taken by regulators and exchanges across the world:
** The country’s central bank extended reduced trading hours this month in currency and bond markets until further notice
** Earlier this year, the stock exchange tightened circuit breaker rules, where a more than 5% drop on its main stock index will see trading halted by 30 minutes, compared with the 10% previously
** There is also a ban on short-selling
** The stock market continues to operate for around four hours a day, which the exchange says file:///C:/Users/u6064234/Downloads/CN_2020-0051.pdf will continue until further notice
** The Reserve Bank of India in April cut trading hours for bonds and foreign exchange to four hours
** The market regulator also halved position limits for certain stock futures, restricted short-selling of index derivatives and raised margin rates for some shares
** Circuit breaker rules were revised that would see a 8% drop trigger a 30-minute halt in trade; a 15% fall to initiate a 30-minute halt, and a 20% plunge will see trade halted for an hour
** In March, the financial regulator banned short-selling for six months
** From July 13, Pakistan's stock exchange returned here to standard operating hours
** Short-selling bans ended in six European Union states in May. They include Austria, Belgium, France, Greece, Spain and Italy
** A short-selling ban on the top 30 shares on Istanbul’s stock exchange was lifted at the end of June. However, the ban remains in place for other stocks
UNITED ARAB EMIRATES
** Shares in the United Arab Emirates stock exchanges will be allowed to drop a daily maximum of 5% from their previous day closing price, state news agency WAM reported. (Reporting by Nikhil Kurian Nainan in Bengaluru Editing by Vidya Ranganathan, Arun Koyyur, Aditya Soni and Vinay Dwivedi)