1.

Write the full form of ISIN and explain its features?

Answer»

The ISIN is a number assigned to a security that is universally recognizable. ISINs are used for numerous reasons including clearing and settlement. The numbers ensure a consistent format so that holdings of institutional investors can be tracked consistent across markets worldwide.

features of ISIN:

  • Twelve-character numbering.
  • Computer-generated code to protect against counterfeiting.
  • Governed by the International Organization for Standardization.


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