Italian Bourse

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Italian Bourse
Palazzo mezzanotte Milan Stock Exchange.jpg
TypeStock exchange
Location [[Milan]], Italy
Founded1808; 214 years ago (1808)
OwnerEuronext[1]
Key peopleAndrea Sironi (Chairman)
Raffaele Jerusalmi (CEO)
CurrencyEUR
No. of listings353
MarketCapEUR[2] (2017) € billion 2,370.00 ($ billion 2,960.00)
VolumeUS$738 billion
IndexesFTSE MIB
FTSE Italia All-Share
FTSE Italia Mid Cap
FTSE Italia Small Cap
FTSE AIM Italia
WebsiteOfficial website

The Italian Bourse (Borsa Italiana S.p.A.), based in Milan, is Italy's 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] Borsa Italiana is also informally known as Piazza Affari ("Business Square"), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building) is located.

History[change | change source]

The Borsa di commercio di Milano (Milan Stock Exchange) was established by Eugène de Beauharnais, viceroy of the Napoleonic Kingdom of Italy, through decrees dated 16 January and 6 February 1808.[4] It operated under public ownership until 1998, when it was privatized.[5] In 1997, all the Italian stocks were merged.[6] Before this year, other smaller stocks exchanges based in Naples, Turin, Trieste, Venice, Genoa, Florence, Bologna, Rome, and Palermo. In 1991, the electronic exchanges were approved, and in 1994, the market with grida (A,B,C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing.

Bourse palace in Venice, decorated with the caduceus coat of arms, representing commerce

References[change | change source]

  1. ansa.it, "[1]"
  2. "Borsa in tempo reale - Listino completo - Milanofinanza.it". www.milanofinanza.it. Retrieved 4 April 2018.
  3. italy24.ilsole4ore.com, "Borsa Italiana Archived 2017-08-01 at the Wayback Machine"
  4. http://www.historytour.it Archived 2009-12-31 at the Wayback Machine, "History Tour – Borsa Italiana Archived 2012-03-05 at the Wayback Machine"
  5. "Historical Stages". Borsa Italiana.[dead link]
  6. "24 dicembre 1802: viene istituita la Borsa Valori di Roma -". parmadaily.it. 24 December 2016. Retrieved 4 April 2018.