Here we go: trading suspended/frozen (:)) in Iceland

houman · 10-06-2008, 06:01 PM

http://www.omxnordicexchange.com/new...674689&lang=en

The Icelandic Financial Supervisory Authority has decided to suspend
temporarily trading in all financial instruments issued by Exista hf. (symbol:
EXISTA), Glitnir bank hf. (symbol: GLB), Kaupthing bank hf. (symbol: KAUP),
Landsbanka Islands hf. (symbol; LAIS), Straum Burdaras investment bank hf.
(symbol: STRB) and Sparisjodur Reykjavikur og nagrennis hf. (symbol: SPRON) and
which have been admitted to trading in a regulated market. This decision is
made in order to safeguard the equality of investors while awaiting an
announcement.

Love is the way · 10-06-2008, 08:28 PM

The Icelandic Prime Minister also held a televised speech tonight where he said "we can go bankrupt" , and the country`s finance system is on the verge of a collapse...... He wouldn`s use such strong words if it was just a tiny chance of this to happen.

Powerinourhandsl · 10-06-2008, 08:48 PM

the Russians have suspended trading twice on their stock exchange in the last week and again for an hour today when loses went up to 12%

10-06-2008, 06:01 PM	#1
houman Avalon Senior Member Join Date: Sep 2008 Posts: 85	Here we go: trading suspended/frozen (:)) in Iceland http://www.omxnordicexchange.com/new...674689&lang=en The Icelandic Financial Supervisory Authority has decided to suspend temporarily trading in all financial instruments issued by Exista hf. (symbol: EXISTA), Glitnir bank hf. (symbol: GLB), Kaupthing bank hf. (symbol: KAUP), Landsbanka Islands hf. (symbol; LAIS), Straum Burdaras investment bank hf. (symbol: STRB) and Sparisjodur Reykjavikur og nagrennis hf. (symbol: SPRON) and which have been admitted to trading in a regulated market. This decision is made in order to safeguard the equality of investors while awaiting an announcement.

10-06-2008, 08:28 PM	#2
Love is the way Avalon Senior Member Join Date: Sep 2008 Location: Thailand Posts: 6	Re: Here we go: trading suspended/frozen (:)) in Iceland The Icelandic Prime Minister also held a televised speech tonight where he said "we can go bankrupt" , and the country`s finance system is on the verge of a collapse...... He wouldn`s use such strong words if it was just a tiny chance of this to happen.

10-06-2008, 08:48 PM	#3
Powerinourhandsl Avalon Senior Member Join Date: Sep 2008 Location: Canary Islands Posts: 38	Re: Here we go: trading suspended/frozen (:)) in Iceland the Russians have suspended trading twice on their stock exchange in the last week and again for an hour today when loses went up to 12%