Market identification code
- Market identification code
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The Market Identification Code (MIC)(ISO 10383) is a unique identification code used to identify securities trading exchanges, regulated and non-regulated trading markets. For examples trades that are executed in US NASDAQ market are identified using MIC code XNAS. The MIC is defined in ISO 10383 [1] by International Organization for Standardization (ISO)[2].
The MIC is used to identify the trading market in various communications like trade processing, settlement and other automated processes.
Notes
See also
Categories:
- Financial markets
- Finance
- Security identifier types
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