7. April 2017

Fossar with a strong position on the Nasdaq in Q1 2017

Fossar Markets was among market leaders on the NASDAQ ICELAND Stock Exchange in the first quarter of 2017, in both fixed income and equity trading. Fossar maintained its position, in regards to market share in March.

Fossar held a leading position in reported trades in the first quarter of 2017 with 15.8% share in fixed income and 18.6% in equities.

Fossar’s market share in reported trades in March was 11.1% in fixed income and 18.5% in equities and 12.3% and 14.6% respectively for all trades. Total turnover in fixed income in March equaled 341 billion ISK, thereof 120 billion where due to the Central Banks settlement with offshore ISK owners. Total equity turnover amounted 99 billion in March.