Market Urges Exchange Symbology Consistency

NEW YORK—Market participants have warned that several ongoing symbology initiatives could lead to inconsistency across markets and implementation issues, Inside Reference Data has learned.

There is heated activity around symbology at the moment. Nasdaq is working on a new set of suffix symbols to help customers better identify listed issues, while the SEC is trying to set an industry standard symbology for securities and options, and the Options Price Reporting Authority and the Options Clearing

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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