International Securities Identification Number (ISIN)
The International Securities Identification Number (ISIN) is a 12-character alphanumeric code used to uniquely identify securities such as stocks, bonds, and other financial instruments across global markets. The ISIN standard is used by exchanges and financial institutions worldwide to streamline trading, settlement, and reporting processes.
Example
A bond issued by a U.S. corporation has an ISIN code that allows international investors to easily trade and settle transactions across various global markets.
Key points
• A 12-character alphanumeric code used to uniquely identify financial securities.
• Standardized globally for use in trading, settlement, and reporting.
• Ensures accuracy in financial transactions by providing unique security identifiers.
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