Industry Bodies to Identify Business Requirements for CFI Standard

Washington, DC - Industry associations the EDM Council and the International Securities Association for Institutional Trade Communication (ISITC) are both assessing the classification of financial instruments (CFI) standard, looking at requirements and coverage, officials tell IRD.

The EDM Council is aiming to compile a list of requirements for the code to send to the International Organization for Standardization (ISO), following concerns from members that the revised version of the code will

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