Creation Link Guide - Iceland

16.10.2015

Key features

Yes/NoRemarks
Settlement free of paymentYes Eligible settlement currency: Icelandic Krona (ISK)
Settlement against paymentYes 
Bridge settlementNo
Shaping facilityNo 
Partial settlementNo 
Settlement penalty feesNo 
Pre-matchingYes Immediate release flag
Back-to-back processingNo  
AllegementsYes Via the CSD on against payment transactions only
Automatic compensationNo 
Registered securitiesNo 
Multi Market SecuritiesNo 
Lending and borrowingYes
Proxy votingYes 
Investment FundsNo 
Liquidity Hub ConnectNo 
Sale and purchase of rightsNo 
Repo servicesYes 
Market restrictionsYes 
FTTNo 
FATCA GIINYesVS: T3K0RZ.00002.ME.352.
Type of linkCSD or settlement method

Relayed link to Nasdaq verðbréfamiðstöð hf.
(Nasdaq CSD Iceland)

Nasdaq verðbréfamiðstöð hf.
(Nasdaq CSD Iceland - INCSD)