“BTP Day”: record trading on MOT
Nov 28 2011 - 19:50“BTP Day”: record trading on mot
Borsa Italiana today announced that trading on MOT, the Bond and Government Bond market, achieved record single day levels with 86,681contracts and a turnover of EUR2,700 million. 80,962 contracts were exchanged with a turnover of EUR2,594,000,000 on Italian Government Bonds.
The average size of contract executed on the latter was EUR32,000, representing a markedly lower figure compared to the average contract size recorded in November (EUR39,500), confirming the high number of retail investors present in the market during BTP Day.
The most traded instrument was the BOT 31 May 2012 (EUR247 million ) followed by the BTP August 2013 - 4.25% (EUR137 million).
Borsa Italiana supported the initiative promoted by ABI (Italian Banking Association) and major Italian banks, waiving trading fees for the day on third party buy orders of Italian government bonds listed on MOT. This applied to all banks and intermediaries taking part in BTP Day.
For further information, please contact:
Anna Mascioni Media Relations +39 02 72426.211
media.relations@borsaitaliana.it
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