The CFI code is meant to provide the most comprehensive information possible, while at the same time maintaining the code manageability, provides a standard for identification of type of instrument and their main high level characteristics, determined by the intrinsic characteristics of the financial instrument, which would be independent of the individual names or conventions of a given country or financial institution.

CFI code The CFI code addresses a number of problems related to the growth of cross-border trading and the requirements to improve communication among market participants. This code does not replace the ISIN code. It works alongside it, identifying the type and the form of the security facilitating the worldwide identification of securities.