CUSIP and ISIN Numbers
The acronym CUSIP, in most cases, refers to both the Committee on Uniform Security Identification Procedures and the 9-character alphanumeric security identifiers that is distributed for all North American securities. The main purpose of acquiring a CUSIP number is for the facilitation of clearing and settlement of trades. The CUSIP distribution system is operated by the American Bankers Association and is operated by Standard & Poor’s. The CUSIP Service Bureau acts as the National Numbering Association (NNA) for North America, and the CUSIP serves as the National Securities Identification Number for products issued from both the United States and Canada.
During the 1980s there was an attempt to expand the CUSIP numbering system for international securities as well. The resulting CINS (CUSIP International Numbering System) has seen little use as it was introduced at about the same time as the ISIN system (International Securities Identification Number). CINS identifiers appear in the ISIDPlus directory.
Contact PPM.net for your CUSIP or ISIN needs.