PD ISO/TR 21797:2019 PDF

What is ISO/TR 21797 about?

ISO/TR 21797 gives an overview of existing and currently used financial instrument identifiers. ISO/TR 21797 shows which instrument identifiers, ticker symbols, and proprietary codes are assigned via a standardized scheme to instruments of all asset classes. ISO/TR 21797 focuses on providing an overview of the landscape and not on evaluating the schemes. Several aspects of the detailed trade cycle (a few examples being book building/primary, order entry management, execution management, and trade confirmation matching) are excluded as their complexity would reduce the readability of the overview. Similarly, the level of complexity involved in properly representing the shifting perspectives of what is considered a financial instrument, based on a particular function being performed, is excluded.

Who is ISO/TR 21797 for ?

ISO/TR 21797 on financial instruments is useful for:

Financial Organizations Banks

Why should you use ISO/TR 21797 ?

The identification of financial instruments is a core component for properly functioning financial markets. Both regulatory and operational is...