S&P Preparing to Launch Cusip Identifier Codes for Listed Options Next Year

NEW YORK - The Cusip Service Bureau, operated by Standard & Poor's (S&P), is set to introduce Cusip codes for listed options next year, officials tell Inside Reference Data.

The new identifier will be an alphanumeric code with nine characters and without special characters. "It will resemble what people are used to seeing," says New York-based Matthew Bastian, director, securities classification at Standard & Poor's. The only way it will differ from a standard Cusip code is that the first six