Thailand Bans Short Selling After Global Sell-Off Meltdown
Market’s in panic mode — and Thai regulators just hit the emergency brakes
🚨 No Shorts Allowed (For Real)
Thailand just banned short selling from April 8 to 11 on both the Stock Exchange of Thailand (SET) and Thailand Futures Exchange (TFEX). Why? Because things got way too spicy in global markets after the U.S. dropped some major tariff bombs.
- ❌ Shorts banned across the board (unless you're a market maker)
- 🔻 Price swing limits slashed:
- Thai stocks: now capped at ±15% (was ±30%)
- Foreign securities: now ±30% (was ±60%)
SET says the goal is to give people breathing room while markets do their drama.
🌍 Global chaos, local reaction
This move didn’t come out of nowhere. It’s part of a chain reaction after the U.S. threw on massive new tariffs, sparking panic in Asia and Europe.
- 🇫🇷 France froze bank stock trading after a brutal open
- 🌏 Other Asian countries are watching closely, possibly prepping similar rules
- 📉 Panic is spreading — and nobody wants to be first in line to the bottom
🪙 Crypto’s not safe either
While tradfi bleeds, crypto’s also coughing up blood:
- 🧨 Bitcoin dropped to $74K — lowest since Nov 2024
- 💀 Over 46,000 traders liquidated
- 💸 Total losses = $1.46 billion
- 🔻 ETH, SOL, and others also tanked double digits
Basically: people are fleeing risk like it’s on fire. And crypto’s still wearing gasoline.
🧠 TL;DR
- Thailand banned short selling April 8–11 to cool off a boiling market
- Global tariffs triggered a stock bloodbath, spooking investors
- Bitcoin and altcoins took a beating — $1.46B in liquidations
- Regulators are in full defense mode, and more restrictions could be coming