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Common code - Financial definition

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  Concise definition of the term common code

Common codes are 9-digit identification codes for securities that are attributed by Euroclear and Clearstream.

  Comprehensive definition of the term common code

The name common code stems from the fact that this code replaced previously existing proprietary codes from Clearstream (named Cedel at the time) and Euroclear.

 Additional information related to this definition

Formulas related to this definition

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