Photographer: Alessia Pierdomenico/Bloomberg

Traders Brace for More Turmoil in World’s Worst Stock Market

Updated on
  • Future of Italy Prime Minister Renzi hangs on referendum
  • Price of options hedging against swings at highest since 2013

While most western-European markets have recovered from the Brexit shock, Italy still has a long way to go. With a looming referendum and an ongoing banking crisis, traders are paying up to hedge against more stock turbulence.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.