The Reykjavik Open 2016 is held for the 31st time from 8-16th March, 2016, in Harpa, the 28.000 sqm. concert hall, in Reykjavik, Iceland.
The tournament format is 10-round Swiss with the time control 90 min/40 moves+30 min+30 sec/move 1. A total of 246 players are registered to take part, among them being four members of the 2700-club, full list here.
Top seed is GM Shakhriyar Mamedyarov (2747), while the first prize is in the amount of 5,000 EUR.
| March 7th | Monday | 15-21 | Registration |
| March 8th | Tuesday | 10-12 14:30 15:00 |
Registration Opening ceremony 1st round |
| March 9th | Wednesday | 10:00 17:00 |
2nd round 3rd round |
| March 10th | Thursday | 17:00 | 4th round |
| March 11th | Friday | 15:00 | 5th round |
| March 12th | Saturday | 12:00 | 6th round |
| March 13th | Sunday | 15:00 | 7th round |
| March 14th | Monday | 15:00 | 8th round |
| March 15th | Tuesday | 15:00 | 9th round |
| March 16th | Wednesday | 11:00 17:30 |
10th round Closing ceremony |
| March 17th | Thursday | Departure of participants |