Borsa Italia glitches hit trading

Following a volatile day of trading yesterday thanks to the turmoil in Libya, Borsa Italia has been hit by technical problems this morning, leaving it unable to open as normal.

Be the first to comment

Borsa Italia glitches hit trading

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The LSE-owned Milan exchange had to suspend trading in Italian stocks, bonds, warrants and ETF funds because of "a technical issue on the price information systems".

Yesterday the main Italian stock market index closed down 3.6% in part thanks to events in Libya, which has strong economic links with Italy.

With the turmoil in Libya leaving bankers and brokers desperate to trade stocks, some have switched their electronic systems over to rival platforms such as Chi-X Europe and Bats, according to the Financial Times.

Update Trading resumed at Borsa Italia at 15.00 CET

Sponsored [Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-Invoicing

Comments: (0)

[Webinar] Reimagine Banking: How to effectively modernise your core and de-risk at the same timeFinextra Promoted[Webinar] Reimagine Banking: How to effectively modernise your core and de-risk at the same time