Search results
Results from the WOW.Com Content Network
The origins of the CUSIP system go back to 1964, when the financial markets were dealing with what was known as the securities settlement paper crunch on Wall Street. [5] [6] [7] At that time, increased trading volumes of equity securities, which were settled by the exchange of paper stock certificates, caused a backlog in clearing and settlement activities.
The Lead Manager/ Underwriter must ensure that DTC's Underwriting Department receives the issue's offering document (e.g., prospectus, offering memorandum, official statement) and the CUSIP numbers assigned to the issue within the time frames outlined in DTC's Operational Arrangements.
A Refinitiv Instrument Code, [1] previously Reuters Instrument Code (RIC), is a ticker-like code used by Refinitiv to identify financial instruments and indices. The codes are used for looking up information on various Refinitiv financial information networks (such as Refinitiv Real Time) and appear to have developed from the Quotron service purchased in the 1980s.
In the United States and Canada the NNA is the CUSIP Services Bureau and the NSIN is the CUSIP. In the United Kingdom, the NNA is the London Stock Exchange and the NSIN is the SEDOL. In France, the NNA is Euroclear France and the NSIN used to be the Sicovam. As of July 1, 2003 SICOVAMs are no longer issued, ISINs being used instead.
The Standard & Poor's Depositary Receipts were launched by Boston asset manager State Street Global Advisors (SSGA) on January 22, 1993, as the first exchange-traded fund in the United States (preceded by the short-lived Index Participation Shares that launched in 1989); and are part of the SPDRs ETF chain.
MIP is a synonym of Markit Partners. CLIP is known with multiple names like Markit RED code, RED CLIP or simply CLIPS. S&P and Markit Partners introduced CLIP concept and entity CLIP codes are generated by the S&P CUSIP Bureau [2] and are assigned to each entity name individually. CLIP codes are used for electronic matching on DTCC and have ...
A Central Index Key or CIK number is a unique number assigned to an individual, company, filing agent or foreign government by the United States Securities and Exchange Commission. The number is used to identify its filings in several online databases, including EDGAR .
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024, [4] Fidelity ...