Trading on Euronext Milan and Euronext Growth Milan
Trading on Euronext Milan and Euronext Growth Milan occurs on the basis of auction and continuous trading.
Trading hours are the following:
- Opening auction, including pre-auction theoretical price set up and conclusion of contracts (“opening”);
- Continuous trading
- Closing auction, including pre-auction theoretical price set up and conclusion of contracts (“closing”)
- Trading at closing auction price, with opportunity of entry, change, cancellation of orders and later of contract execution, in accordance with the priority of order entry
Trading on the Euronext Milan market, including the Euronext STAR Milan segment, shall take place using the auction and continuous trading methods with the following trading hours:
Euronext Milan / Euronext STAR Milan |
Timetable |
Opening auction (call phase, price determination-phase) |
07:30 - 09:00 (09:00:00 - 09:00:30) |
Continuous trading |
09:00 - 5:30pm |
Closing auction (call-phase - price determination-phase) |
5:30 - 5:35pm (5:35:00 - 5:35:30pm) |
Trading-at-last |
5:35 (5:35:00 - 5:35:30pm) - 5:40pm |
Trading on Euronext Growth Milan occurs according to the following timetable:
Euronext Growth Milan |
Timetable |
Opening auction (call phase, price determination-phase) |
07:30 - 09:00 (09:00:00 - 09:00:30) |
Continuous trading |
09:00 - 5:30pm |
Closing auction (call-phase - price determination-phase) |
5:30 - 5:35pm (5:35:00 - 5:35:30pm) |
Trading-at-last |
5:35 (5:35:00 - 5:35:30pm) - 5:40pm |
Trading on Euronext Growth Milan professional segment is based on a single daily price determined during an auction phase from 8.00am to 5.35pm.