Borsa Italiana

Borsa Italiana
The Palazzo Mezzanotte with Il Dito in front
TypeStock exchange
LocationMilan, Italy
Founded1808 (1808)
OwnerEuronext[1]
Key peopleClaudia Parzani (chairperson)
Fabrizio Testa (CEO)
CurrencyEUR
No. of listings353
Market cap€2.37 trillion ($2.96 trillion) (2017)[2]
Volume€609 billion
IndicesFTSE MIB
FTSE Italia All-Share
FTSE Italia Mid Cap
FTSE Italia Small Cap
FTSE AIM Italia
Websitewww.borsaitaliana.it

Borsa Italiana, based in Milan at Mezzanotte Palace, is the Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.[3]

Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.[4] On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.[5] This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext.[6] Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course.[7]

Borsa Italiana is also informally known as Piazza Affari (lit.'Business Square'), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building) is located.

Borsa Italiana is chaired by Claudia Parzani, and Fabrizio Testa is the CEO.[8]

Borsa Italiana is regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance, based in Rome. As of April 2018, overall capitalisation for listed companies on Borsa Italiana was worth €644.3 billion, representing 37.8% of Italian GDP.[9]

  1. ^ ansa.it, "[1]"
  2. ^ "Borsa in tempo reale – Listino completo – Milanofinanza.it". milanofinanza.it. Archived from the original on 11 July 2017. Retrieved 4 April 2018.
  3. ^ italy24.ilsole4ore.com, "Borsa Italiana Archived 1 August 2017 at the Wayback Machine"
  4. ^ source sense.com, "Borsa Italiana"
  5. ^ news.bbc.co.uk, "London Stock Exchange Buys Borsa"
  6. ^ "Lse vende Borsa Italiana ad Euronext per 4,32 miliardi". Il Sole 24 ORE (in Italian). 9 October 2020. Retrieved 26 October 2020.
  7. ^ "Amendments to the Instructions to the Regulations of CC&G and related Annex – Rebranding of MTA and MIV markets" (PDF). Euronext. 22 October 2021.
  8. ^ "Organi Sociali e Libro Soci - Borsa Italiana". borsaitaliana.it. Retrieved 2 March 2022.
  9. ^ finanzalternativa.it, "[2]"

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