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borsaitaliana

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Borsa Italiana

The primary Italian equities exchange, the Borsa Italiana is a member of the London Stock Exchange Group.

Homepage
Currency: Euro (EUR)

Trading Hours & 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

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 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 here.

Auction Mechanisms

Open

Close

Additional Info

See Also

References

borsaitaliana.1373997815.txt.gz · Last modified: 2017/03/14 12:33 (external edit)