Italy's primary securities market, the Milan Stock Exchange traces its origins to the 1808 establishment of Milan's Borsa di Commercio . The first company share was listed in 1859, and banking and railway companies joined the exchange in the 1870s. Electronic trading became fully operational in 1994, and the Exchange became privatized in 1998.
Taobiz explains Milan Stock Exchange .MI
In 2007, the Milan Stock Exchange merged with the London Stock Exchange to create one of the largest exchange groups in Europe, comparable in the number of listed companies to the BME Spanish Exchanges. Its main indexes are the capitalization-weighted S&P/MIB, which includes the index's 40 biggest companies over 10 sectors, and the MIBTEL.