What are the CFI code benefits?

  1. The CFI code system provides a set of codes which can be used by all market participants in an electronic data processing environment and permits electronic communication between participants.
  2. The development of these codes will encourage market participants to take advantage of other ISO Standards, particularly ISINs to simplify the communication process among market participants.
  3. The improved understanding of the characteristics of financial instruments will lead to a better understanding by investors, giving them more confidence to make investment decisions and leading to more active markets and the resulting improvement in market liquidity.
FAQS Taxonomy
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