Secondary Market

Treasury securities trading takes place on the NASDAQ Exchange Iceland hf. and is electronic, continous, order driven and accept based.
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.

Primary Dealers are members of the NASDAQ Iceland Exchange. Obligations of primary dealers are in effect every day the NASDAQ Iceland Exchange is open, or between 09.30 a.m. and 15:30 p.m.