What is ISIN?How It work?
6 Replies
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 January 2009
International Securities Identification Number (ISIN) is a unique international code which identifies a securities issue. Each country has a national numbering agency which assigns ISIN numbers for securities in that country.
This content can be found on the following page:
https://www.investorwords.com/2653/ISIN.html
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 January 2009
Unique code identifying a security for international transactions. Developed by International Standards Organization (ISO) and supported by the Group Of 30 (G-30) and many other nations, ISIN is a 12-digit (no letters) code comprising of the ISO country code, the local code number of the security (provided by the national numbering agency such as CUSIP in Canada and the US), and a checksum digit. Both the European settlement systems (CEDEL and EUROCLEAR) use ISIN.
Prakash Popat
(3134 Points)
Replied 19 January 2009
Thanks Darshrathji,Is CHINESE SECURITIES DO HAVE ISIN?
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 19 January 2009
Yes, china have ISIN system
shailesh agarwal
(professional accountant)
(7642 Points)
Replied 20 January 2009
thanks for information and link
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