Borsa Italiana Signs Memorandum Of Understanding With Shanghai Stock Exchange And Shenzhen Stock Exchange

On the occasion of the World Federation of Exchanges Forum in Beijing, Borsa Italiana today signed a memorandum of understanding with and the Shanghai Stock Exchange and a memorandum of understanding with the Shenzhen Stock Exchange.

Cooperation with these Exchanges will facilitate the development of channels of communication, foster a continuing relationship between the parties and assist in the maintenance of orderly markets.

Under the agreement, the Exchanges will consult and cooperate on issues of mutual interest in order to strengthen both markets. The Exchanges also agreed to exchange information deemed to be beneficial to maintain the efficiency of the Markets as well as qualified staff. Mr. Massimo Capuano, President and CEO of Borsa Italiana says “These agreements will promote broader cooperation, exchange of information and an ongoing relationship between both Exchanges and strengthen our business relationships in the years ahead. Through this MOU, we hope to build on our efforts to expand the reach of our markets and products to this increasingly influential region".

Mr Massimo Capuano, Vice Chairman of the World Federation of Exchanges, was also received by the State Council Vice Prime Minister Huang Ju together with the heads of the World Federation of Exchanges delegations.