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- Classification of Financial InstrumentsISO 10962, also known as CFI (Classification of Financial Instruments), is a six-letters-code used in the financial and banking industries to describe the structure and function of each financial instrument1. The International Standard that defines these codes has been revised and is known as CFI codes2. ISO 10962 is the worldwide reference for the codes used to classify financial instruments such as cash, derivatives, or foreign exchange2.Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
ISO 10962, generally known as CFI (Classification of Financial Instruments) is a six-letters-code used in the financial and banking industries, to describe the structure and function of each financial instrument (in the form of security or contract).
en.wikipedia.org/wiki/ISO_10962The International Standard that defines these codes, known as CFI codes, has just been revised. ISO 10962, Securities and related financial instruments – Classification of financial instruments (CFI code), is the worldwide reference for the codes used to classify financial instruments such as cash, derivatives or foreign exchange.www.iso.org/news/ref2438.html - People also ask
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ISO 10962 - Wikipedia
ISO 10962, known as Classification of Financial Instruments (CFI), is a six-letter-code used in the financial services industry to classify and describe the structure and function of a financial instrument (in the form of security or contract) as part of the instrument reference data. It is an international standard … See more
• Standard was first accepted and published in 1997 as ISO 10962:1997
• Its first revision, published in 2001, was ISO 10962:2001 See moreWhere distinct entities transact it is seen as helpful to establish a common transaction language. The CFI code is meant to provide the … See more
1997ISO 10962 standard was first accepted and published2001First revision of ISO 10962 was published2006FIX Protocol group published a proposal for changes of the standard for Consultation2015ISO 10962:2015 was published2017-07-01CFI have been required since 1 July 20172019A revised version mainly related to OTC derivatives was published2021The latest version externalizing the CFI codes was published• The first character indicates the highest level of category of the Security.
• The second character refers to the groups within each … See moreWikipedia text under CC-BY-SA license ISO 10962:2021 Securities and related financial instruments ...
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