FXstreet.com (San Francisco) - Spain has decided to ban short selling operations for three months to try to fight markets on the back os "extreme volatil situation across the European market," according to a note published by the Comisión Nacional del Mercado de Valores "CNMV", the Spanish market regulator.

The prohibition will be in force from today to the next October 23 and it "may be extended or lifted if deemed necessary."

Previously, the Italian government decided to ban short-selling operations for the whole current week.