EXCHANGE MARKET SIZE (EMS)

For financial instruments

Jan 19 - 15:22

As indicated in the Guide to the Parameters, Borsa Italiana has defined for listed shares, warrants, closed end funds and convertible bonds the value of EMS on MTA, MAC and AIM Italia.

New values are effective at the start of trading on Monday 19th December 2011. Updates due to corporate actions starting after 13th June 2011 will be communicated with further tech notices.

The list of financial instruments is available on the page www.borsaitaliana.it/borsaitaliana/regolamenti/regolamenti/istruzioni/istruzioni.en.htm

Shares - Closed-end Funds- Convertible Bonds - Warrants
(file xls - 111 KB)

AIM
(file xls - 34 KB)

MAC
(file xls - 33 KB)

Borsa Italiana, according to the Guide of Parameters, has defined new Exchange Market Size (EMS) for covered warrants and certificates listed on Sedex market, as well as for ETFs and ETCs listed on ETFplus market.

EMS (Exchange Market Size) means the quantity, defined in terms of a number of financial instruments, fixed for each security. The maximum number of financial instruments in an order, minimum daily quantity and minimum quantity of orders, regarding the specialists’ obligations, the partial displayed quantity in case of iceberg orders are indicated as multiplier of EMS.

List of financial instruments Entry into force on 23 January 2012.

Sedex
(file xls - 502 KB)

ETF Plus
(file xls - 123 KB)