NASDAQ Iceland hf.: Arrangements due to extraordinary market conditions

Nasdaq Iceland hf. has decided to adjust the Dynamic Volatility Guards for all
shares and bonds admitted for trading on the equity and Fixed Income Main
Market and First North Market allowing increased volatility due to
extraordinary market conditions on March 9, 2020. 

Thresholds for Dynamic Volatility Guards will be doubled. See the appendix for
liquidity bands for each instrument. 

Accordingly the thresholds for cancellation of trades will be based on the
Dynamic Volatility Guard active for the relevant instruments. 

Nasdaq will review the market situation and may decide to revert to normal
market conditions during continues trading on Monday, March 9. In such a
situation the Exchange will publish a notice to the market. If not stated
otherwise the market conditions will be reverted to normal as of Tuesday, March
10. 

Contact:

Phone: [phone]

e-mail: [e-mail]

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