Changes in Nasdaq CSDs Settlement Calender in Iceland

Published on 17.12.24

Nasdaq CSD has decided, following consultation with Icelandic Nasdaq CSD’s participants, to revise its settlement calendar.
From now on December 31^st will not be a settlement day in the CSD system.

The last settlement day of 2024 will therefore be Monday, December 30^th.

 

Securities Settlement is executed all business days from 8:00 – 17:00

The CSD system is closed for any type of settlement on the following days;

• All Saturdays and Sundays

• January 1^st (New Year’s Day)

• Maundy Thursday

• Good Friday

• Easter Monday

• First day of summer (first Thursday after April 18^th)

• May 1^st (Labor Day)

• Ascension Day

• Whit Monday

• Icelandic national holiday (June 17^th)

• Commerce day (first Monday in August)

• December 24 – 26

• December 31^st (New Year’s Eve).