IT - New trading schedule on NASDAQ OMX Iceland (122/09)


As of January 4, 2010, trading hours at NASDAQ OMX Iceland will change
according to exchange notice (see link ) published on Icelandic market on
November 30 2009. 

Continuous trading will commence following an opening auction at 9:30 local
time instead of 10:00. 
The trading day will close at 15:30 local time instead of the current closing
time of 15:23 in the summer and 16:23 in the winter. 
Unlike today the trading hours will therefore be the same in local time year
round. 
Following the change, the trading hours on the equity- and fixed-income markets
of NASDAQ OMX Iceland will be as follows:

State			Local time	CET(winter)	CET(summer)
Pre-trading		08:00		09:00		10:00
Opening call auction09:15	      10:15		11:15
Continuous trading	09:30		10:30		11:30
Closing call auction*15:25	16:25		17:25
Terminating		15:30		16:30		17:30
Post-trading		15:40		16:40		17:40
Closed			16:00		17:00		18:00

*There is a closing call auction on the equity market but not on the
fixed-income market. Continuous trading in the fixed-income market ends at
15:30 local time. 

Testing
Changed times according to the schedule above will be valid in the external
test system SAXTST3 from December 21.

Attachments

it_exchange_notice_12209.pdf