Borsa Italiana has reached an agreement permitting its participants access to other European financial centres; interconnection will enable each market to exploit to the full the benefits of the massive investment that has already been made in technology while maintaining a close relationship with domestic firms.
Foreign investors hold just over 10% of listed Italian shares; they are more active in derivatives, where they are involved in one third of all trades. Compared with the leading stock markets, Italy’s includes a smaller proportion of non-financial companies.