Market Identifier

Definition

Market Identifier. An identifier and code that specifies a universal method of identifying exchanges, trading platforms and regulated or non-regulated markets as sources of prices and related information in order to facilitate automated processing, i.e., stock exchanges, regulated markets, e.g., Electronic Trading Platforms (ECN), and unregulated markets, e.g., Automated Trading Systems (ATS)

It is intended for use in any application and communication for identification of places- where a financial instrument is listed (place of official listing),- where a related trade is executed (place of trade), and- where trade details are reported (trade reporting facility).

Synonyms

• Market Identifier Code

See Also

• ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01
• https://www.anna-web.org/standards/mic-iso-10383/
• https://www.iso20022.org/10383/iso-10383-market-identifier-codes

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.