Standards Coronation


The financial sector continues its efforts to identify an appropriate way to classify financial products. Of course, ISO 10962, the Classification of Financial Instruments (CFI) code standard, has been around for a number of years, along with the Bank for International Settlements’ semi-annual OTC derivatives markets statistics. Nonetheless, although useful in its fairly limited field, the ISO standard has not managed to obtain traction outside a relatively small number of business contexts, pri

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