International Standards

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 l

What is the CFI code (ISO 10962)?

The Classification of Financial Instruments (CFI) consists of six alphabetical characters that classify financial instruments reflecting the financial instrument characteristics since its issue and remain unchanged during its entire lifetime.

The first letter is the category, the second is the group, and the remaining letters show special attributes of the group. This code identifies its composition.

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