
■ CUSIP6 – the first six characters of the CUSIP symbol identify issuers
■ Reuters Organization identifier.
Reference data in the framework
Since the two reference data subclasses address the need for unique identification,
they are absolutely fundamental to using any and all capital markets data. In fact, the
reality is that any use of market data implicitly requires the use of reference data (at
least as defined within this framework).
It’s for this reason that such a precise definition of the term is used in this guide.
Simply classifying all non-realtime data as ‘reference data’ masks this fundamental
relationship, leading to difficulties in applying ...