Telekurs, S&P Offer Identification System For Global Securities

THIS WEEK'S LEAD STORIES

While the Group of Thirty recently recommended standardization in the international clearance and settlement arena, it's likely to come later rather than sooner to securities identification. The tangle of disparate national identification systems worldwide has now spread, with the addition of a second international numbering system that aims to become the industry standard.

The coexistence of several securities numbering systems has led to growing confusion in the clearing and settlement proc

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