Iceland Equities

The volcanic island in the northern Atlantic Ocean hosts the Iceland Stock Exchange (Kauphöll Íslands; also known as ICEX).

A wide variety of firms are currently listed on the exchange, including firms in retail, fishing, transportation, banks, insurance and numerous other areas. Because of the small size of the Icelandic economy and the low cost of public listing, many of the companies traded on the ICEX are relatively small and are relatively illiquid.

The main index is the ICEX-15.

It is comprised of companies listed on the ICEX Main List. The index is reviewed twice annually, in June and December. The selection is based on on-exchange turnover over prior 12-month period and the companies' market value.