The London Stock Exchange’s (LSE) proposal to extend the SEDOL security numbering system to create a market level identifier, announced last week (IMD, Nov. 11), has caused a split between two major industry bodies.
The LSE intends to make its existing seven-character numeric SEDOL code alphanumeric in order to create a global securities identifier. The move is supposed to improve settlement efficiency and allow easier identification of companies traded on different exchanges.
However, the p
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails