Securities Trading
In the Arion app, you can trade shares in all companies listed on the Main Market and First North.
In the Arion app, you can trade shares in all companies listed on the Main Market and First North.
To engage in trading stocks or funds, you need to establish securities trading. Subsequently, a custody account is created. A custody account is a bank account linked to a securities portfolio and is necessary for settling transactions with securities and funds.
Prókúruhafi svarar nokkrum spurningum um þekkingu og reynslu á verðbréfaviðskiptum og skráir hverjir eigi að hafa umboð til að kaupa og selja.
Ef ætlunin er að eiga viðskipti með hlutabréf þarf að stofna LEI-auðkenni en þess þarf ekki ef einungis er um sjóðaviðskipti að ræða.
Select the appropriate fund or shares.
A wide range of funds is available to investors. It costs you nothing to buy and sell funds in the app and online banking, and there is no minimum purchase requirement.
It's also easy to establish regular savings in funds by registering the company for a subscription.
In the Arion app and online banking, you can see the domestic listed shares that are available for trading. The buying and selling process is very simple.
A 25% discount on fees is provided for stock transactions executed through the app and online banking.
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.
Investing in financial instruments always carries financial risk, such as the risk of no return or loss of principal. Past performance is not a reliable indicator of future results. Please note that returns may increase or decrease due to currency exchange rate fluctuations.
This content is published for informational purposes only and should not be considered as advice or guidance on whether to make or not make a specific investment, or as an offer to buy, sell, or subscribe to specific financial instruments. The information presented here is based on sources considered reliable, but its accuracy cannot be guaranteed. Arion Bank reserves the right to correct information. Arion Bank or its employees bear no responsibility for decisions or transactions that parties may make in light of the information presented here.
Regarding comparisons that can be made on the site, if a customer chooses, it should be noted that the comparison may be meaningless. Financial instruments involve different risks, and before making an investment decision, it is important to thoroughly understand the nature of the relevant financial instrument and its associated risks. The comparison is for information only and should not be used as a basis for transactions without proper consideration. The result of a comparison should not be viewed as advice to make or not make a specific investment.
Regarding investments in funds, it should be noted that the prospectus and key information documents for UCITS and alternative investment funds for retail investors contain more detailed information about the relevant fund, including risks and whether the fund in question is classified as a UCITS or an alternative investment fund for retail investors. For funds found on the bank's website under the fund overview, the prospectus, key information documents, etc., for the relevant fund can be accessed by clicking on the fund name. These documents are also available at the bank's branches.
Arion Bank is the main distributor of funds managed by Stefnir hf., which is licensed by the Financial Supervisory Authority of the Central Bank of Iceland as a UCITS management company according to Act No. 116/2021 on UCITS, and as an alternative investment fund manager according to Act No. 45/2020 on Alternative Investment Fund Managers. Stefnir is a subsidiary of Arion Bank hf. See further information about Stefnir hf. funds on the company's website https://www.stefnir.is.
Please note that this is marketing material distributed for marketing purposes. This is not information that the bank is required to provide by law or through a binding agreement. Reading the information provided here is not sufficient to make an investment decision.