What is the difference between ISIN and CUSIP? - ProProfs Discuss
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What is the difference between ISIN and CUSIP?

Asked by R. Barnes, Last updated: Sep 27, 2020

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4 Answers

Yash Mathers

Yash Mathers

I'm a professional writer. I express through my blog and I keep searching for fresh content over the Internet.

Yash Mathers
Yash Mathers, Content Writer, Diploma in Literature, Austin,Texas

Answered Oct 10, 2019

ISIN is the short form of International Securities Identification Number, while CUSIP is the short form of Committee on Uniform Security Identification Purposes. Both ISIN and CUSIP are in the form of codes that are used for securities to facilitate trade clearing and settlement. Let's look at the differences between the two.

ISIN is the short form of International Securities Identification Number, while CUSIP is the short
ISIN is a security code that is used in most parts of the world, especially in Europe. It consists of 12 alphanumeric characters. The first two letters of the code are serving as the country code, the next nine alphanumeric characters stand for the national security identifier, followed by the twelfth digit. CUSIP, on the other hand, is also serving as securities for trade clearing and settlement in North America.

The difference here is that CUSIP contains just nine alphanumeric characters. The first six digits of the code represent the issuer; the following two characters represent the issue and the last one represents the check digit.

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Chris Kenway

Chris Kenway

Chris Kenway
Chris Kenway, Content Writer, Jacksonville

Answered Sep 11, 2019

ISIN is the acronym for The International Securities Identification Number, and CUSIP stands for The Committee on Uniform Security Identification Purposes. These are both codes used in trade and finance to translate words, phrases, or letters into another form. They are often used in communication, instructions, signs, and security. ISIN code is composed of two letters, an identifier comprised of nine alphanumeric characters, one check digit, and its purpose is for the uniform identification of securities which are traded and settled.

ISIN is the acronym for The International Securities Identification Number, and CUSIP stands for
This code is used specifically on shares, options, debt security, offshoots, and futures trading. It is being used around the majority of the world. CUSIP is an alphanumeric code which has nine characters and is used for securities, trade clearing, and settlement, which is owned by The American Bankers Association. It is operated under S&P Global Market Intelligence.

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M. Jabrowsky

M. Jabrowsky

M. Jabrowsky
M. Jabrowsky, Bank Manager, Ohio

Answered Sep 03, 2019

ISIN and CUSIP are known to be two security identification numbers that are used in order to trade, sell, and make a purchase. ISIN is also known as International Securities Identification Number. This is composed of an alphanumeric code, which means that it uses both letters and numbers. There are usually 12 characters that are available.

ISIN and CUSIP are known to be two security identification numbers that are used in order to trade,
CUSIP stands for Committee on Uniform Security Identification Purposes. CUSIP only uses nine numbers. The six numbers in CUSIP identify who the issuer is while the remaining two numbers will show what the issue is. ISIN probably has more numbers because this has a country code too while the CUSIP does not have any.

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Anthony Paul Bonadio

Anthony Paul Bonadio

Its kind of my job to give answers

Anthony Paul Bonadio
Anthony Paul Bonadio, Teacher, MCA, PhD, Toledo

Answered Aug 27, 2019

CUSIP stands for Committee on Uniform Security Identification Procedures. This is normally composed of a 9-digit number that will determine your municipal bonds, your securities, and so much more. SEDOL stands for Stock Exchange Daily Official List. This is known as an alphanumeric code which is different from the CUSIP which is only composed of a 9-digit number.

CUSIP stands for Committee on Uniform Security Identification Procedures. This is normally composed
The SEDOL is used for the securities that are part of the London Stock Exchange. The two can be confusing because they are a bit similar to each other but if you deal with stocks, you should know their differences so that you will not make any mistakes.

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