FDR can assist in obtaining a CUSIP/ISIN number for your Fund’s security.
What is a CUSIP/ISIN number?
The acronym CUSIP refers to the Committee on Uniform Security Identification Procedures. This 9-character alphanumeric code identifies any North American security for the purposes of facilitating clearing and settlement of trades. This number is how brokers recognize securities that they may wish to deal with. If you’re applying for a CUSIP number, you must be able to provide a prospectus that defines the types and terms of securities you’re offering for sale. The CUSIP system is owned by the American Bankers Association.
An International Securities Identification Number (ISIN) uniquely identifies a security. Securities for which ISINs are issued include bonds, commercial paper, equities and warrants. The ISIN code is a 12-character alpha-numerical code that does not contain information characterizing financial instruments but serves for uniform identification of a security at trading and settlement. Securities with which ISINs can be used include debt securities, shares, options, derivatives and futures. ISIN cannot specify a particular trading location in this case, and another identifier, typically MIC (Market Identification Code) or the three-letter exchange code, will have to be specified in addition to the ISIN number.
How to get a CUSIP and ISIN numbers (per class of share)
› Complete the FDR ISIN Questionnaire with the Company information and offering terms
› Must provide a complete offering document package (Memorandum and Subscription)
Purchase our ISIN/CUSIP service [Here]