Numbering Agencies Take Control Of ISIN Database Decision


A decision to oust vendors from talks on a centralized database for the International Securities Identification Number (ISIN) system has left a bad taste in the mouths of market data suppliers.

At a meeting held Sept. 28 and 29 to discuss the creation of the database, members of the International Standards Organization (ISO) voted to dissolve the ISIN ad hoc committee. The ad hoc committee, comprised of both securities numbering agencies and data vendors, was lobbying to protect vendors'

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