ICELAND: Nasdaq Iceland Announces Introduction of Central Counterparty Clearing

Thursday September 17 2026

On 17th September 2026, Nasdaq Iceland announced that Central Counterparty (CCP) clearing will be introduced for the Icelandic equity market, with implementation targeted in the first quarter of 2028.  

CCP clearing is a core component of modern equity market infrastructure and is widely used across most developed European markets. It will bring the Icelandic market further in line with international standards and investor expectations, strengthening its resilience, efficiency and accessibility while supporting its long-term growth and competitiveness.  

By centralizing counterparty risk and enabling multilateral netting, CCP clearing is expected to deliver several important benefits to the Icelandic market, including:  

• More efficient clearing and settlement through multilateral netting;  

• Lower settlement and capital costs for market participants;  

• Increased accessibility for international investors and intermediaries;  

• Enhanced liquidity and more efficient price formation;  

• Reduced counterparty risk and enhanced market stability. 

Cboe Clear Europe will be Nasdaq’s CCP partner for the Icelandic equity market. The partnership will leverage Cboe Clear Europe’s extensive experience operating clearing services in European financial markets and support the efficient introduction of CCP clearing in Iceland.   

CCP clearing will initially be introduced for selected equities listed on Nasdaq Iceland, with the scope expected to expand over time as the framework develops. 

Click on the above link for further information