The market situation after the vote is prompting Consob and Borsa Italiana to evaluate an intervention to stem volatility – The idea is to restrict the parameters of fluctuation and prohibit short selling.
Consob and the Italian Stock Exchange seek to curb market volatility following the election results, which have led to a situation of ungovernability for Italy. The Supervisory Commission is reportedly evaluating the possibility of intervening by restricting the fluctuation parameters and prohibiting short selling.
Consob also announced that it was "monitoring minute by minute, in agreement with Borsa Italiana", the intricate situation of the markets.
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