Ásar signs liquidity provider deal with Kvika Bank for Nasdaq Iceland-listed shares

Bitget2026/09/29 08:59

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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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Asar hf. published the original content used to generate this news brief on September 29, 2026, and is solely responsible for the information contained therein.

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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Ásar signs liquidity provider deal with Kvika Bank for Nasdaq Iceland-listed shares

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