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…

Successful bond auction managed by Fossar Markets

Fossar Markets managed OR’s bond auction yesterday, May 3rd, 2018. Total demand amounted to ISK 1,300m nominal amount. Total offers for the OR090546 bond amounted to ISK 720m at a yield between 2.80% – 2.86%. All offers for OR090546 were accepted. Total offers for the OR090524 bond amounted to ISK…

Heimavellir completes refinancing with foreign parties

A US Investment Fund invests in Heimavellir for ISK 300 million. Fossar Markets serves as advisory partner. The housing rental company Heimavellir has completed refinancing ISK 3 billion ($ 29.6M, € 24.3M) from a US investment fund, with Fossar Markets serving as an advisory partner. The loan agreement is an…

Successful bond auction managed by Fossar Markets

Fossar Markets managed OR’s bond auction yesterday, March 15th, 2018. Total demand amounted to ISK 3,075m nominal amount. Total offers for the OR090546 bond amounted to ISK 1,720m at a yield between 2.75% – 2.91%. OR decided to accept offers for a total amount of ISK 820m at a yield…

Fossar with a strong position on Nasdaq in February

Fossar Markets was among market leaders in reported trades on the Nasdaq OMX Iceland Stock Exchange in February. Fossar’s market share in reported trades in January was 13.8% in fixed income and 14.6% in equities and 9.8% and 10.7% respectively for all trades. Total turnover in fixed income equaled 94…

Olaf Rogge joins Fossar Markets’ strategic advisory board

—Global fixed income guru advises Fossar Markets on strategy Olaf Rogge, global fixed income guru, joins the strategic advisory board at Fossar Markets. “We are delighted that Olaf has agreed to join us as we build out our global business,” says Haraldur Thordarson, CEO of Fossar Markets. “Highly respected for…

Successful bond auction managed by Fossar Markets

Fossar Markets managed OR’s bond auction yesterday, February 5th, 2018. Total demand amounted to ISK 3,610m nominal amount. Total offers for the OR090546 bond amounted to ISK 1,850m at a yield between 2.74% - 2.90%. OR decided to accept offers for a total amount of ISK 1,310m at a yield…