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Old 10-06-2008, 06:01 PM   #1
houman
Avalon Senior Member
 
Join Date: Sep 2008
Posts: 85
Talking Here we go: trading suspended/frozen (:)) in Iceland

http://www.omxnordicexchange.com/new...674689&lang=en

The Icelandic Financial Supervisory Authority has decided to suspend
temporarily trading in all financial instruments issued by Exista hf. (symbol:
EXISTA), Glitnir bank hf. (symbol: GLB), Kaupthing bank hf. (symbol: KAUP),
Landsbanka Islands hf. (symbol; LAIS), Straum Burdaras investment bank hf.
(symbol: STRB) and Sparisjodur Reykjavikur og nagrennis hf. (symbol: SPRON) and
which have been admitted to trading in a regulated market. This decision is
made in order to safeguard the equality of investors while awaiting an
announcement.
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Old 10-06-2008, 08:28 PM   #2
Love is the way
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Join Date: Sep 2008
Location: Thailand
Posts: 6
Default Re: Here we go: trading suspended/frozen (:)) in Iceland

The Icelandic Prime Minister also held a televised speech tonight where he said "we can go bankrupt" , and the country`s finance system is on the verge of a collapse...... He wouldn`s use such strong words if it was just a tiny chance of this to happen.
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Old 10-06-2008, 08:48 PM   #3
Powerinourhandsl
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Join Date: Sep 2008
Location: Canary Islands
Posts: 38
Default Re: Here we go: trading suspended/frozen (:)) in Iceland

the Russians have suspended trading twice on their stock exchange in the last week and again for an hour today when loses went up to 12%
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