The bid-ask spread shall be determined with reference to the tick size table of Nasdaq Iceland hf. as it is at any given time with the bid-ask spread as close to 1.5% as possible but not below 1.45%. The market makers are permitted to go below the aforementioned bid-ask spread in case of circumstances due to the tick size table of Nasdaq Iceland hf.
Before the changes the maximum bid-ask spread was 1.5%. The agreements are otherwise unchanged since 5 January 2021.
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