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PRESS RELEASE

MOT, EuroMOT and MCW new trading hours

Borsa Italiana Spa has approved new trading hours for MOT, EuroMOT and Covered Warrant markets.

The new trading hours will start next Monday, February 18, 2002.

MOT -

The auction period will be reduced while the continuous trading phase will be extended until 5:30 p.m..

The new trading hours are:

  • financial instruments of all segments

08:30 a.m.- 9:10 a.m.

preliminary auction

09:10 a.m.- 9:15 a.m.

pre-definitive auction

  • "BOT, BTP, CTZ e CCT " segment

09:15 a.m.- 09:45 a.m.

preliminary auction phase

09:45 a.m.- 10:00 a.m.

definitive auction

10:00 a.m.- 05:30 p.m.

continuous trading

  • "lira bond" and "euro bond" segments

09:15 a.m.- 10:15 a.m.

preliminary auction phase

10:15 a.m.- 10:30 a.m.

definitive auction

10:30 a.m.- 05:30 p.m.

continuous trading

  • "foreign currency bond" segment

09:15 a.m.- 03:30 p.m.

preliminary auction phase

03:30 p.m.- 03:45 p.m.

definitive auction

03:45 p.m.- 05:30 p.m.

continuous trading

 

EuroMOT

- The continuous trading phase will be extended from 9:00 a.m. to 5:30 p.m..

Covered warrant

- The continuous trading phase starts at 9:30 a.m. and ends at 5:25 p.m., as does the continuous trading on the Electronic Share Market.

 

Milano, February 13, 2002

 

 

 


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