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ItalyMilanCONSOBEUR

Borsa Italiana Block Trades in Italy

Block-trade financing and discreet execution for large lines listed on Borsa Italiana (Euronext Milan) (Borsa Italiana) — Italy principal cash-equity venue.

01 · The Market
United Kingdom & Europe

About Borsa Italiana (Euronext Milan).

Borsa Italiana (Euronext Milan) is the principal cash-equity venue of Italy. Founded in 1808 (Borsa di commercio); reorganised 1998; Euronext acquisition 2021, it operates under the oversight of Commissione Nazionale per le Società e la Borsa (CONSOB), and its leading benchmarks are FTSE MIB, FTSE Italia Mid Cap, FTSE Italia Small Cap. Listing standards are set out in the Regolamento dei Mercati Organizzati e Gestiti da Borsa Italiana.

The principal Italian equities venue, with a distinctive concentration in financials, utilities, and industrial conglomerates. Now part of the Euronext federation, with harmonised market rules and pan-European order-book access.

02 · Eligibility
For Institutional Positions

What qualifies on Borsa Italiana.

Borsa Italiana ranks among the deepest equity pools anywhere; eligibility turns on the stock itself — its free float, daily traded volume, and how concentrated the line is.

For any given Borsa Italiana position, our review looks at: free float and daily traded volume against the size of the transaction; your status (controlling shareholder, director, substantial shareholder) and the disclosure that follows; the issuer’s sector and listing segment; and what the transaction must do (LTV, tenor, currency, recourse, custody).

03 · Disclosure
CONSOB

Framework cited on Borsa Italiana.

The principal regulatory reference on Borsa Italiana is TUF (Testo Unico della Finanza) Art. 120. How it applies to any single transaction — reporting levels, step thresholds — turns on the underlying rules and national-law overlays, which we map against your contemplated transaction at the structuring stage alongside the counsel you appoint.

The citations above are public regulatory references, given for orientation only and not as legal advice. Take independent legal advice in the relevant jurisdiction for any specific transaction.

See the full process →

04 · FAQ
Borsa Italiana · Block Trades

What holders ask about Borsa Italiana.

01How is a block printed on Borsa Italiana?
The block is negotiated off the order book and then reported to Borsa Italiana (Euronext Milan) under its rules. The structure preserves discretion until the print.
02Which Borsa Italiana segments do you handle?
All principal segments Borsa Italiana (Euronext Milan) runs: Euronext Milan main market; Euronext STAR Milan (high-standards segment); Euronext Growth Milan (SME). The more liquid tiers are simpler to execute.
03Does large-holding disclosure apply?
Depending on the size and the seller’s standing, yes — under TUF (Testo Unico della Finanza) Art. 120. We manage the timing and wording.
05 · Other Venues
Italy

Other venues.

United Kingdom · Europe (Euronext) · Germany · Switzerland · Spain · Sweden

Italy overview →

A particular Borsa Italiana holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.