Ásar signs liquidity provider deal with Kvika Bank for Nasdaq Iceland-listed shares
Bitget2026/09/29 08:59- Ásar signed a new liquidity-provision agreement with Kvika Banki for its Nasdaq Iceland main-market shares, effective Oct. 1, 2026.
- Kvika will post daily bid and offer quotes in the exchange system to support tradability and price formation.
- Minimum quoted size set at 1,500,000 shares; spread capped at 1.5%, widening to 3% if intraday moves exceed 5%.
- Obligations lapse for the day once Kvika trades at least 10 million in nominal value under the agreement.
- The mandate is open-ended with 14 days’ notice; the prior liquidity agreement with Íslandsbanki ends Sept. 30, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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