Description Financial Instrument Global Identifier

1 description

1.1 equity levels of assignment
1.2 figi structure
1.3 structural rules
1.4 issuance

description

the figi structure defined , copyrighted object management group. bloomberg l.p. registration authority , certified provider of standard. figi have been created more 300 million unique securities, representing asset classes of financial markets. figi 12-character alpha-numerical code not contain information characterizing financial instruments, serves uniform unique global identification. once issued, figi never reused , represents same instrument in perpetuity.

unique figis identify securities individual exchanges on trade. composite figis issued represent unique securities across related exchanges. instance, apple inc. common stock trades on 14 exchanges in united states. there exists unique figi identify common stock on each individual exchange, composite figi represent company s common stock traded on united states exchanges.

equity levels of assignment

global share class level
country composite level
exchange/venue level

equity levels of assignment




figi structure

a figi consists of 3 parts: two-character prefix, g third character; 8 character alpha-numeric code not contain english vowels , e , , o , or u ; , single check digit.

in total, encoding supports more 852 billion potential values, under initial bbg prefix. in total, there on 330 trillion potential available identifiers.

structural rules

the permissible characters use within figi subset of iso 8859-1 follows:

all upper case iso 8859-1 consonants (including y).
the single digit integers 0 – 9.

while string semantically meaningless, there specific structure used. syntax rules twelve characters follows:

characters 1 , 2:


* combination of upper case consonants following exceptions:
* bs, bm, gg, gb, vg

the purpose of restriction reduce chances resulting identifier may identical isin string. (strictly speaking, duplicate not problem strings designate different things, care has been taken reduce ambiguity.) way isin constructed first 2 characters correspond country of issuance. third character, depending on issuing organization typically numeral. however, in case of united kingdom, letter g assigned. using letter g our third character (see below), combinations may come within isin incorporates consonants bsg (bahamas), bmg (bermuda), ggg (guernsey), gbg (united kingdom) , vgg (british virgin islands). reason united kingdom issues isin numbers entities within broader jurisdiction.

character 3:


* upper case letter g (for global )


characters 4 – 11:


* combination of upper case consonants , numerals 0 – 9


character 12:


* check digit (0 – 9) calculated follows:

letters converted integers illustrated below. using first 11 characters , beginning @ last character in integer format , working right left, every second integer multiplied two. resulting string of integers (numbers greater 10 become 2 separate digits) added up. subtract total next higher integer ending in zero. if total obtained when summing digits number ending in zero, check digit zero.

issuance

unique figis published bloomberg l.p. , datasets both searchable , available download via bloomberg open symbology website. figis never reused , once issued, represent instrument in perpetuity. instrument s figi never changes result of corporate action. interested parties may request access bulk , individual lookup facilities, regardless of existing relationship bloomberg l.p. or lack thereof.

figis assigned unique financial instruments on proactive basis. figi has not been assigned reason, request can submitted have identifier assigned, long request in line standard , stated assignment rules.