1. September 2022

Fossar largest in terms of market share on Nasdaq in August

Fossar Investment Bank was the market leader in both fixed income and equities reported trades on the Nasdaq OMX Iceland Stock Exchange in August.

Fossar’s market share in reported trades in August was 35.1% in fixed income and 23.0% in equities, and 23.8% and 18.2% respectively for all trades.

Year-to-date Fossar is the leader in terms of reported trades in fixed income with 22.6% market share in fixed income and 15.1% market share in equities.

Total turnover in August amounted to 262 billion ISK in fixed income and 142 billion ISK in equities. Year-to-date reported trade turnover as a ratio of total turnover amounts to 57.7% in fixed income and 73.9% in equities.