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Bloomberg Report: Open Symbology and Market Identifiers Overview

White Paper Published By: Bloomberg
Bloomberg
Published:  Nov 29, 2010
Type:  White Paper
Length:  5 pages

Any action or condition that adds friction, opacity and/or cost to transaction processes detracts from the value sought by the principal parties in a trade.  Proprietary market identifiers add unnecessary complexity and risk to the trading community. An open symbology framework for financial instrument identifiers can help the entire community of interest eliminate layers of complexity, introduce process transparency and reduce both operational risk and cost.  Organizations can redirect resources to optimize efficiency or drive innovation.  This whitepaper describes how open symbology will affect the securities industry.

*Whitepaper content is specific to Financial Industry Executives*



Tags : 
bloomberg, open symbology, market identifiers, financial instruments, analytics

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