Saturday, May 25, 2024 - 13:13

Our business

The first Italian market to trade certificates from 8:00 am to 11:00 pm

We are a Multilateral Trading Facilitiy strongly rooted in the Italian market community.

Vorvel comes from the idea of the Shareholding Founders to develop a new way of “making” and “being market”, through a constant path of innovation and expansion of trading solutions.

Vorvel will run Hi-Mtf business and continue the path of innovation already started with the launch of Hi-Cert, the Hi-Mtf segment dedicated to the negotiation of the Certificates and Covered Warrants, bringing it to maturity.

The Vorvel founders are Fineco Bank, Banca Akros, Banca Sella Holding, Iccrea Banca and 19 cooperative banks through the consortium company Luigi Luzzatti ScpA.

As of 1 January 2024, Banca Akros' shareholding has been merged into Banco BPM, its parent company, which has therefore become a direct shareholder of Vorvel

Pillars and Values

The 3 Pillars that guide our corporate culture are Innovation, Openness and Attention to clients, which are also the values that guide our way to operate.

Vorvel’s Main Data

Vorvel: Genesis of the name

Vorvel is a fantasy name that contains our main identity features as: dynamism, enterprising, modernity and focused on the future.

VOR can be associated with a concept of "vortex" that, combined with VEL, recalls the feeling of speed and change, but also a powerful regenerating force.

In addition, VOR means "spring" in Icelandic, which reinforces the concept of change, regeneration and new birth.