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-====== Borsa Italiana ======
-The primary Italian equities exchange, the Borsa Italiana is a member of the London Stock Exchange Group.
-[[http://www.borsaitaliana.it/homepage/homepage.en.htm | Homepage]]\\
-Currency: Euro (EUR)
-===== Trading Hours & Calendar =====
-[[http://www.borsaitaliana.it/borsaitaliana/calendario-e-orari-di-negoziazione/calendario-borsa-orari-di-negoziazione.en.htm | Trading Hours]]\\
-[[http://www.borsaitaliana.it/borsaitaliana/calendario-e-orari-di-negoziazione/calendario-borsa-orari-di-negoziazione.en.htm | Holiday Calendar]]
-===== Trading Summary =====
-Borsa Italiana uses the Millenium IT platform for its equity cash markets.
-==== Lit Order-types ====
-  * Limit Buy/Sell (DAY/IOC)
-  * Market Buy/Sell (DAY)
-==== Available ATS ====
-  * [[batseurope|BATS Europe]]
-  * [[batseurope|Chi-X Europe]]
-  * [[turquoise|Turquoise]]
-==== Basic Market Rules ====
-  * Lot Size is 1 share
-  * Tick Size varies by price, for most securities as below, further details can be found in the MilleniumIT Business Rules [[http://www.borsaitaliana.it/borsaitaliana/gestione-mercati/migrazionemillenniumit-mit/millenniumitmigration.en.htm | here]].
-^ Price Range ^ Tick Size ^
-| 0.0001 to 0.5 | 0.0001 |
-| 0.5 to 1 | 0.0005 |
-| 1 to 2 | 0.001 |
-| 2 to 5 | 0.002 |
-| 5 to 10 | 0.005 |
-| 10 to 50 | 0.01 |
-| 50 to 100 | 0.05 |
-| 100 to 500 | 0.1 |
-| 500 to 1000 | 0.5 |
-| 1000 to 5000 | 1 |
-| 5000 to 10000 | 5 |
-| 10000 to 20000 | 10 |
-| 20000 to 30000 | 20 |
-| 30000 to 40000 | 30 |
-| 40000 to 50000 | 40 |
-| 50000 to 60000 | 50 |
-| 60000 to 70000 | 60 |
-| 70000 to 80000 | 70 |
-| 80000 to 90000 | 80 |
-| 90000 to 100000 | 90 |
-| 100000 to 10000000 | 100 |
-  * Short Sale Rules: Naked short selling is prohibited, a locate/borrow must be in place.
-  * Circuit Breakers: Borsa Italiana does have automatic controls on trading in place as described in the brochure found [[http://www.borsaitaliana.it/azioni/mercati/mta/brochureequitymarkets.en_pdf.htm | here]].
-==== Auction Mechanisms ====
-Borsa Italiana has both Opening and Closing auctions. The details on the different phases, which vary by market segment, can be found in the [[http://www.borsaitaliana.it/borsaitaliana/gestione-mercati/migrazionemillenniumit-mit/trm2-millenniumexchangebusinessparameters-release8.en.xls | Millenium Exchange business parameters]].
-=== Open ===
-=== Close ===
-===== Additional Info =====
-===== See Also =====
-  * [[equity_markets|Equity Markets]]
-===== References =====