Supporting efficient
global capital markets
Universally recognized identifier for financial instruments
Derived from the Committee on Uniform Security Identification Procedures, CUSIPs are 9-character identifiers that capture an issue’s important differentiating characteristics for issuers and their financial instruments in the U.S. and Canada.
Structure of a CUSIPExample: FactSet Research Systems Inc - Common Stock
CINS
The CUSIP International Numbering System (CINS) is a 9-character alphanumeric identifier that employs the same 9 characters as CUSIP, but also contains a letter of the alphabet in the first position signifying the issuer’s country or geographic region. CINS was developed in 1989 as an extension to CUSIP in response to U.S. demand for global coverage, and is the local identifier of more than 30 non-North American markets.
Structure of a CINSExample: Abingdon Capital PLC - Shares
ISIN
The International Securities Identification Number (ISIN) is a unique global code that identifies instruments to facilitate cross-border trading. There are currently over 120 recognized National Numbering Agencies (NNAs) throughout the world which are responsible for the assignment of ISINs in their respective countries. CGS is responsible for the assignment of ISINs in the U.S. and in other areas where designated or appointed.
CGS has agents in countries such as Canada, Bermuda and the Cayman Islands and is also the representative agency for many countries in the Caribbean and Pacific region. Because of this, it was necessary to develop a separate identification system to designate CGS-assigned securities from these jurisdictions. A CUSIP or CINS identifier will always be in position 3 to 11 of a CGS ISIN.
Structure of an ISIN
ISO rules govern designation of the ISO Country Code:
For Equity Issues: the country where the entity is incorporated.
For Domestic Debt Issues: the country where the lead manager is located.
For International Debt Issues: the country where the Central Securities Depository is located.
The Local Identifier is assigned by the individual NNA.
Structure of an ISIN assigned by CGS
ISIN based on CUSIP or CINS
Example: Amazon.com Inc - Common Stock
Example: Air Canada Inc - Class A Shares
Example: Cryptolab Capital (Cayman) Ltd
LEI
The Legal Entity Identifier (LEI) is a 20-character, alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects to key reference information that enables the unambiguous identification of legal entities participating in financial transactions.
Structure of an LEIExample: Zippy Shell Incorporated
"Business Card" Information:
- Address: c/o Corporation Service Company, 251 Little Falls Drive, US-DE 19808
- Entity Status: Active
- Managing LOU: WM Datenservice (5299)
- Legal Form: Corporation
- Record State: Public_Sources
CEI
The CUSIP Entity Identifier (CEI) is a 10-character code designed to uniquely identify legal entities in the syndicated loan market. CGS developed the CEI in collaboration with the Loan Syndications & Trading Association (LSTA) and emerging syndicated loan solution providers focused on modernizing the syndicated loan market.
Structure of a CEI
The CEI ID structure is Alpha first character, Numeric second character, and the rest random while the last digit is a check-digit.
| Entity (Fund Manager) | CEI (Alpha first character + Numeric second character + Random + Check Digit) |
| BlackRock Inc | D27254GOL5 |
| Vanguard Group | T1L485SE52 |
| ABC Investments | B8954895F3 |
| State Street Global Advisors | G5645GT989 |
CEI Heirarchy
-
- ABC Corp. Ultimate Parent Company
- CEI: D25G56T987
-
- ABC Investment Trust Umbrella Fund
- CEI: B37H7Y7H91
-
-
- ABC International Discovery Fund Class A
- CEI: Not Eligible
-
-
-
- ABC Management & Research Company LLC Fund Manager
- CEI: Y798G654J8
-
- ABC International Discovery Fund
- CEI: R5UH786438
-
- ABC Europe Fund
- CEI: F4B8976543
-
- ABC Japan Fund
- CEI: K8Y7865436
-
- ABC Japan Smaller Companies Fund
- CEI: S5TY765G67
-
- ABC Latin America Fund
- CEI: B7T88743G6
-
-
-
- ABC Investment Management (UK) Limited Additional Fund Manager
- CEI: V59247K658
-
- ABC International Discovery Fund
- CEI: S6759H7625
-
- ABC Europe Fund
- CEI: H8985432G7
-
- ABC Japan Fund
- CEI: D6778943G7
-
- ABC Japan Smaller Companies Fund
- CEI: Z1GU865432
-
- ABC Latin America Fund
- CEI: C6RR985T65
-
Universally recognized identifier for financial instruments
Derived from the Committee on Uniform Security Identification Procedures, CUSIPs are 9-character identifiers that capture an issue’s important differentiating characteristics for issuers and their financial instruments in the U.S. and Canada.
Structure of a CUSIPExample: FactSet Research Systems Inc - Common Stock
CINS
The CUSIP International Numbering System (CINS) is a 9-character alphanumeric identifier that employs the same 9 characters as CUSIP, but also contains a letter of the alphabet in the first position signifying the issuer’s country or geographic region. CINS was developed in 1989 as an extension to CUSIP in response to U.S. demand for global coverage, and is the local identifier of more than 30 non-North American markets.
Structure of a CINSExample: Abingdon Capital PLC - Shares
ISIN
The International Securities Identification Number (ISIN) is a unique global code that identifies instruments to facilitate cross-border trading. There are currently over 120 recognized National Numbering Agencies (NNAs) throughout the world which are responsible for the assignment of ISINs in their respective countries. CGS is responsible for the assignment of ISINs in the U.S. and in other areas where designated or appointed.
CGS has agents in countries such as Canada, Bermuda and the Cayman Islands and is also the representative agency for many countries in the Caribbean and Pacific region. Because of this, it was necessary to develop a separate identification system to designate CGS-assigned securities from these jurisdictions. A CUSIP or CINS identifier will always be in position 3 to 11 of a CGS ISIN.
Structure of an ISIN
ISO rules govern designation of the ISO Country Code:
For Equity Issues: the country where the entity is incorporated.
For Domestic Debt Issues: the country where the lead manager is located.
For International Debt Issues: the country where the Central Securities Depository is located.
The Local Identifier is assigned by the individual NNA.
Structure of an ISIN assigned by CGS
ISIN based on CUSIP or CINS
Example: Amazon.com Inc - Common Stock
Example: Air Canada Inc - Class A Shares
Example: Cryptolab Capital (Cayman) Ltd
LEI
The Legal Entity Identifier (LEI) is a 20-character, alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects to key reference information that enables the unambiguous identification of legal entities participating in financial transactions.
As a national numbering agency and dedicated standards practitioner, CGS promotes the adoption and growth of LEI through a collaboration with the Global Market Entity Identifier (GMEI) Utility. CGS also integrates the LEI into entity-related products and services.
Structure of an LEIExample: Philadelphia Cheesesteak Company
"Business Card" Information:
- Address: 520 East Hunting Park Ave, Philadelphia PA 19124
- Entity Status: Active
- Managing LOU: GMEI Utility (5493)
- Legal Form: Corporation
- Record State: Public_Sources
CEI
The CUSIP Entity Identifier (CEI) is a 10-character, alphanumeric code based on the ISO 17442 standard developed by the International Organization for Standardization (ISO). It connects to key reference information that enables the unambiguous identification of legal entities participating in financial transactions.
| Entity (Fund Manager) | CEI (Alpha first character + Numeric second character + Random + Check Digit) |
| BlackRock Inc | D27254GOL5 |
| Vanguard Group | T1L485SE52 |
| ABC Investments | B8954895F3 |
| State Street Global Advisors | G5645GT989 |
Instrument Coverage
CGS identifiers cover a wide range of global financial instruments, including extensive equity and debt issues, derivatives, syndicated loans and U.S. / Canadian listed equity options and single stock futures.
General Interest Instrument Types
Equity
American Depository Receipts
Common Shares
Exchanged-Traded Funds
Indices
Limited Partnerships
Listed Options: US and Canada
Single-Stock Options
Mutual Funds
Preferred Shares
Real Estate Investment Trusts
Rights
Unit Investment Trusts
Warrants
Debt
Asset-Backed Securities
Bankers Acceptances
Certificates of Deposit
Collateralized Debt Obligations
Commercial Paper
Corporate Bonds
Medium-Term Notes
Mortgage-Backed Securities
Municipal Bonds
Structured Products
Syndicated Loans
U.S. Federal Government Agencies
U.S. Treasuries: Bonds, Bills, Notes
Other
Captial Securities (Hybrids)
Credit Derivatives (CLIPS)
Derivatives
Equity-Linked Notes (Hybrids)
Hedge Funds
Restricted Issues: 144A Reg D & Reg S Private Securities
Trust Preferred (Hybrids)
Variable Annuities and Other Insurance-Related Vehicles