Borsa Italiana S.p.A. (Italy)

Borsa Italiana S.p.A. is the main stock exchange in Italy, founded in 1997 following the privatization of the exchange and has been operational since 2 January 1998.

Main responsibilities of the Exchange include:
- oversee transaction activities
- define the rules and procedures for admission for intermediaries
- define the rules and procedures for admission and listing on the market for issuing companies
- supervise listed companies' disclosure

Borsa Italiana, through its real time data product provision, offers both the domestic and international market players with the information required to support the phases of analysis, operations and financial communication. The Exchange has a portfolio of products created to meet the diverse needs of the end user such as Banks and Intermediaries, Investors, Listed Companies, Media, Data Vendors.

The stock market is divided into five different parts: (1) The electronic share market (MTA) trades Italian shares, convertible bonds, and warrants; (2) The STAR (Segment for High Requirement Shares) market is within the MTA and includes companies capitalized from 40 million to 100 million euros that are already listed and traded in more-traditional sectors; (3) Stocks, bonds, warrants, and options not admitted to the official exchange are traded on Mercato Ristretto; (4) Nuovo Mercato is dedicated to innovation-driven companies; (5) Premi Market is for premium contracts on stock exchange products.

Borsa Italiana is part of the London Stock Exchange Group, following the agreement signed in June 2007.

Author

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