Market identification code
Encyclopedia
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 by International Organization for Standardization (ISO).
The MIC is used to identify the trading market in various communications like trade processing, settlement and other automated processes.
The MIC is used to identify the trading market in various communications like trade processing, settlement and other automated processes.
See also
- List of finance topics
- International Securities Identifying Number
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