European Users Join Forces to Push for Revised ISIN to Replace the Use of Vendor Symbology

LONDON - European market data associations have come together to promote the use of a revised ISIN code and abolish vendor identifiers, officials tell Inside Reference Data.

Data consumers want to encourage data vendors to abolish the use of proprietary codes, and force vendors to only use ISIN codes in data products. The group, including users from the UK, Scandinavia, Germany, Belgium, the Netherlands, Switzerland and France, suggests regulators should force vendors to use ISIN codes, arguing