Borsa Italiana

Borsa Italiana - Borsa Italiana is Italy's main financial stock exchange which is located in Milan, Italy. This stock exchange officially opened on January 16, in the year 1808. The Borsa Italiana trades mainly in stocks, derivatives, and bonds. A derivative is a financial instrument whose value depends on the underlying value of a bond, commodity, currency, or equity. Derivatives are often called futures or options. The Borsa Italiana became private in 1997 and then was bought out in 2007 by the London Stock Exchange. It main index is the MIB 30, which is a market capitalized-weighted index of Italy's best 30 companies.