Public offering of shares in Iceland Seafood International

Kvika dominates OMXI trading

Friday 06. maí 2016

Kvika was the largest trader on the Nasdaq Iceland exchange in the first four months of 2016. Of the exchange-based turnover in bonds and equities during the four-month period, which amounted to ISK 1,363bn, Kvika accounted for ISK 314bn, or 23% of the total.

Kvika has maintained its position as bond market leader since the beginning of the year. Of ISK 977bn in total bond trading on the Nasdaq Iceland exchange in January-April 2016, Kvika's total turnover was ISK 241bn, or 24.6% of total trading for the period. In April, Kvika's total trading volume in the bond market was just under ISK 49bn, or 22.7% of the ISK 214bn total for the month.

Kvika ranked third in equity securities turnover in the first four months of the year, with ISK 73bn, or 19.1% of the total of ISK 385bn during that period. In April, Kvika's total trading volume in the equity market was about ISK 18bn, or 20.2% of the ISK 89bn total for the month. The most heavily traded companies were Icelandair Group, Marel, and real estate company Reitir.