What is it in the Milan Stock Exchange?
The Milan Stock Exchange is the primary exchange of Italy. It is home to many largest corporations in the country, with more than 300 companies in total. The exchange was established in 1808 by the ordering decree and remained a public institution until 1998. In 2007, a private company was created for the operation of the Stock Exchange, Borsa Italiana® Spa, bought the London Stock Exchange Group® and is now one of the privately operated national exchanges that it was imitating. to yourself. It was operated by the aforementioned leader known as Viceroy . Eugène de Beauharanais, the Italian vice -chairman in 1808, signed two decrees that set up a commodity exchange in Milan. The exchange was to serve as a centralized place for trading state accounts and other financial products. It was an activity that had previously happened in a random way in various markets across the country. During this time, through wars, civic unrest, andRestructuring of the radial government, continued to grow, powered by industrial sectors from silk to aviation to telecommunications. Since the 1970s, success in the Milan Stock Exchange catalyzed the development of the city to the Center of Italian Finance and supported its growing international significance as a financial center
By the end of the 20th century, as the culmination of a number of large economic and financial reforms by the Italian government, it was privatized in the Milan stock exchange. The state -controlled Stock Exchange Council was dissolved and replaced by the Borsa Italiana® spa, owned by the main banks of Italy. The newly private exchange has been rebuilt after the High-Tech NASDAQ® Exchange, based in New York. In 2007, the Milan Stock Exchange was obtained by the London Stock Exchange Group®, which became part of the European Stock Exchange family.
Although no longer sovereign entity, the Milan Stock Exchange continues to work with a great deal of autonomy in terms of its management and supervisionD Italian business trade. The obligations of the Borsa Italiana® spa management organization include the determination and management of the rules on the stock exchange, transactions and publication of companies on the stock exchange and investors in stocks.
Companies traded on the Milan Stock Exchange are virtually all Italian. The main corporations include Alitalia®, Delonghi® Spa and Spa Fiat®. The combined value of companies listed on the Milan Stock Exchange is $ 1 trillion USD (USD).