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Treasury securities trading takes place on the Nasdaq Iceland and is electronic, continuous, order driven and accept based.
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Settlement of Treasury securities (payment in full) is on a t+2 basis (i.e. two business days after the trade date) but deferred settlement can be arranged on request.
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Primary Dealers are members of the Nasdaq Iceland. Obligations of primary dealers are in effect every day the Nasdaq Iceland is open, or between 09.30 a.m. and 15:30 p.m.
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