Trading stocks has never been easier
The Arion app allows you to trade stocks in all companies listed on the Main market and First north.
The Arion app allows you to trade stocks in all companies listed on the Main market and First north.
You answer a few questions about your knowledge and experience with securities trading. Subsequently, we create an investment portfolio.
Your portfolio will be visible in the app within a few minutes, allowing you to start trading right away.
Select the stock or fund you want to buy, the trade will be processed, and the asset will then appear in your securities portfolio.
In the Arion app, you can monitor your stocks as well as view transaction history and returns. You can trade shares in all companies listed on the Main Market and First North.
A 25% discount on fees is provided for stock transactions executed in the app or online banking.
If you want to trade in foreign markets, we assist with intermediation.
You can view the securities in the Arion app.
Click the link below for further information and assistance.
At Arion, you receive personal and professional service in all aspects of securities trading. We offer brokerage services for listed and unlisted securities, derivatives, asset custody, share and bond offerings, and customised solutions for professional investors and companies.
Legal entities are required to have a Legal Entity Identifier (LEI) to trade registered securities from 1 September 2021.
The purpose of this requirement is to enable international supervisory authorities to monitor transactions undertaken by individual legal entities, thereby strengthening oversight of systemic risk and supporting the investigation of any misconduct related to securities trading.
With Act No. 115/2021 on Markets for Financial Instruments, the European Union's Markets in Financial Instruments Directive (MiFID II) was incorporated into Icelandic law. The aim of the legislation is, among other things, to ensure transparency, strengthen investor protection, and increase investor confidence.
The law changed various important rules regarding how securities transactions should be conducted. Extensive changes are proposed regarding the requirements for regulated markets, multilateral trading facilities, and investment firms. Among other things, there are increased requirements for transparency, investor protection and business practices, for boards, governance, the organisation of investment firms and regulated markets.