Fossar largest in terms of market share on Nasdaq in November

Fossar Markets was the market leader in reported trades on the Nasdaq OMX Iceland Stock Exchange in November. Fossar’s market share in reported trades in November was 16.3%% in fixed income and 27.7% in equities, and 11.6% and 15.0% respectively for all trades. Year-to-date Fossar Markets is the leader in…

Fossar Markets manage Lykill‘s bond auction

Fossar Markets managed Lykill‘s bond auction on November 29th 2018. Bonds in the series LYKILL 17 1 were sold for 1.380m ISK nominal at 3,45% yield. The total size of the bond series post auction is ISK 15,000m ISK nominal. LYKILL 17 1 is a bond series which is secured…

Fossar manages first domestic issue of green bonds

The City of Reykjavik’s issue of green bonds is the subject of an article in the latest edition of Markaðurinn (The Market), Fréttablaðið’s weekly business and economics supplement. Markaðurinn talks to Andri Guðmundsson, Managing Director of Fossar Markets’ Corporate Finance, about the issue and the importance of green bonds. Fossar…

Fossar supports young people troubled by addiction

Thanks Day fundraising ensures prevention programs in Icelandic schools The 8.2 million ISK raised on Fossar Markets’ Thanks Day on 22 November have been awarded to two initiatives supporting young people fighting addiction to prescription drugs and other problems. Each initiative receives 4,1 million ISK. The “Ég á bara eitt…

Fossar Markets manage Lykill‘s bond auction

Fossar Markets managed Lykill‘s bond auction on October 29th 2018. Bonds in the series LYKILL 17 1 were sold for 1.600m nominal at 3,60% yield. The total size of the bond series post auction is ISK 13,620m nominal. LYKILL 17 1 is a bond series which is secured by collateral…

Fossar Markets managed OR’s bond auction yesterday, October 23rd, 2018.

Total demand amounted to ISK 3,550m nominal amount. Total offers for the OR090546 bond amounted to ISK 720m at a yield between 2.80% – 2.88%. OR decided to accept offers for a total amount of ISK 420m at a yield of 2.85%. Total offers for the OR090524 bond amounted to…

Fossar Markets announces collaboration with UK-based Redington

Fossar Markets is delighted to announce the completion of a collaboration agreement with U.K. based investment consultant, Redington. Under this new agreement, the Investment Services offering of Fossar Markets is enhanced by gaining access to Redington’s leading global investment manager research platform, enabling them to introduce best-of-breed asset managers, across…

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Nasdaq welcomes Fossar Markets

Nasdaq welcomes Fossar Markets as a new member at the Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Fossar are the first Icelandic financial firm in more than a decade to connect directly to a foreign stock exchange. Fossar Markets commenced trading last Monday in all securities listed in the Nasdaq Copenhagen…

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Fossar Markets a new exchange member of Nasdaq Copenhagen and Nasdaq Stockholm

- The membership takes effect on Monday September 17th. Fossar Markets hf. have been admitted as an exchange member at Nasdaq Copenhagen and Nasdaq Stockholm. Fossar are the first Icelandic financial firm in more than a decade to connect directly to a foreign stock exchange. Starting next Monday, 17 September,…

Successful bond auction managed by Fossar Markets

Fossar Markets managed Lykill‘s bond auction on September 5th, 2018. Total offers for the LYKILL 17 1 bond series amounted to ISK 2,450m at a yield between 3.74%-3.85%. Lykill decided to accept offers for a total amount of ISK 2,350m at a yield of 3.80%. The total size of the…

Fossar largest in terms of market share on Nasdaq in August

Fossar Markets was among market leaders on the Nasdaq OMX Iceland Stock Exchange in August, and largest in terms of reported trades. Fossar’s market share in reported trades in August was 21.8% in fixed income and 25.9% in equities, and 17.9% and 17.2% respectively for all trades. Total turnover in…

Fossar Markets manage the largest private placement this year

Fossar Markets managed a corporate bond private placement for Eik Real Estate Company yesterday, August 27th, 2018. This is the largest private placement of bonds in the Icelandic market this year. The issuance amounted to ISK 4,220m in the bond series EIK 161047 at a yield of 3.6%. EIK 161047…

Successful bond auction managed by Fossar Markets

Fossar Markets managed OR's bond auction yesterday, August 21st, 2018. Total demand amounted to ISK 5,115m nominal amount. Total offers for the OR090546 bond amounted to ISK 2,040m at a yield between 2.75%-2.89%. OR decided to accept offers for a total amount of ISK 1,580m at a yield of 2.85%.…

Fossar largest in terms of market share on Nasdaq in July

Fossar Markets was among market leaders on the Nasdaq OMX Iceland Stock Exchange in July, and largest in terms of turnover in equities. Fossar’s market share in reported trades in July was 12.9% in fixed income and 50.0% in equities, and 10.2% and 34.9% respectively for all trades. Total turnover…

Fossar Markets establishes a corporate finance advisory

Fossar Markets has received a license from the Icelandic Financial Supervisory Authority to operate a corporate finance advisory. Andri Gudmundsson will act as managing director and head of corporate finance. He is currently the head of Fossar’s operations is Sweden. The establishment of the corporate finance advisory is a response…