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Wertpapierkennnummer
The Wertpapierkennnummer (WKN, WPKN, WPK or ''Wert'') is a German securities identification code. It is composed of six digits or capital letters (excluding I and O), and no check digit. Changes in format There have been several changes in the WKN definition: * WKN were switched from numeric to alphanumeric on 21 July 2003 * The first 2–4 Letters may show the issuer of the Instrument. * Until March 2000, the WKNs were divided into different number ranges that represented different types of securities (e.g., stocks, warrants, funds, etc.). The WKNs and DE-ISINs are provided by WM-Datenservice. WKNs may be obsolete in future, since they may be replaced by International Securities Identification Numbers (ISINs). Spelling and meaning Like most very long German words, ''Wertpapierkennnummer'' is a compound word: Wert-Papier-Kenn-Nummer, if translated literally, means value–paper–identification–number (Wertpapier = financial security; Kennnummer = identification number). ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equity and fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or " book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a securi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Securities Identification Number
An International Securities Identification Number (ISIN) is a code that uniquely identifies a security globally for the purposes of facilitating clearing, reporting and settlement of trades. Its structure is defined in ISO 6166. The ISIN code is a 12-character alphanumeric code that serves for uniform identification of a security through normalization of the assigned National Number, where one exists, at trading and settlement. History ISINs were first used in 1981, but did not reach wide acceptance until 1989, when the G30 countries recommended adoption. The ISIN was endorsed a year later by ISO with the ISO 6166 standard. Initially information was distributed via CD-ROMs and this was later replaced by distribution over the internet. ISINs slowly gained traction worldwide and became the most popular global securities identifier. Trading, clearing and settlement systems in many countries adopted ISINs as a secondary measure of identifying securities. Some countries, mainly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German Spelling Reform Of 1996
The German orthography reform of 1996 (') was a change to German spelling and punctuation that was intended to simplify German orthography and thus to make it easier to learn, without substantially changing the rules familiar to users of the language. The reform was based on an international agreement signed in Vienna in July 1996 by the governments of the German-speaking countries—Germany, Austria, Liechtenstein and Switzerland. Luxembourg did not participate despite having German as one of its three official languages: it regards itself "as a non-German-speaking country not to be a contributory determinant upon the German system of spelling", though it did eventually adopt the reform. The reformed orthography became obligatory in schools and in public administration. However, there was a campaign against the reform, and in the resulting public debate the Federal Constitutional Court of Germany was called upon to delineate the extent of reform. In 1998 the court stated tha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CUSIP
A CUSIP () is a nine-character numeric or alphanumeric code that uniquely identifies a North American financial security (finance), security for the purposes of facilitating Clearing (finance), clearing and settlement (finance), settlement of trades. All CUSIP identifiers are Fungibility, fungible, which means that a unique CUSIP identifier for each individual security stays the same, regardless of the Exchange (organized market), exchange where the shares were purchased or venue on which the shares were traded. CUSIP was adopted as an American national standard by the ASC X9, Accredited Standards Committee X9 and is designateANSI X9.6 CUSIP was re-approved as an ANSI standard in December 2020. The acronym derives from Committee on Uniform Security Identification Procedures. The CUSIP system is owned by the American Bankers Association (ABA) and is operated by FactSet Research Systems Inc. The operating body, CUSIP Global Services (CGS), also serves as the national numbering age ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISIN
Isin (, modern Arabic language, Arabic: Ishan al-Bahriyat) is an archaeological site in Al-Qādisiyyah Governorate, Iraq which was the location of the Ancient Near East city of Isin, occupied from the late 4th millennium Uruk period up until at least the late 1st millennium BC Neo-Babylonian period. It lies about southeast of the modern city of Al Diwaniyah. The tutelary deity of Isin, dating back to at least the Early Dynastic Period (Mesopotamia), Early Dynastic period, was the healing goddess Gula (goddess), Gula with a major temple (, E-gal-ma) sited there as well as smaller installations for the related gods of Ninisina and Ninlil, Sud. Archaeology Isin is located approximately south of the ancient city of Nippur. The site covers an area of about 150 hectares with a maximum height of about 10 meters. By 1922 the site had been suggested as that of Isin. Ishan al-Bahriyat was visited by Stephen Herbert Langdon for a day to conduct a sounding, while he was excavating at K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SEDOL
SEDOL stands for Stock Exchange Daily Official List, a list of security identifiers used in the United Kingdom and Ireland for clearing purposes. The numbers are assigned by the London Stock Exchange, on request by the security issuer. SEDOLs serve as the National Securities Identifying Number for all securities issued in the United Kingdom and are therefore part of the security's International Securities Identification Number (ISIN) as well. The SEDOL Masterfile (SMF) provides reference data on millions of global multi-asset securities each uniquely identified at the market level using a universal SEDOL code. Description SEDOLs are seven characters in length, consisting of two parts: a six-place alphanumeric code and a trailing check digit. SEDOLs issued prior to January 26, 2004 were composed only of numbers. For older SEDOLs, those from Asia and Africa typically begin with 6. Those from the UK and Ireland (until Ireland joined the EU) typically begin with 0 or 3. Those from the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security Identifier Types
Security is protection from, or resilience against, potential harm (or other unwanted coercion). Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, or any other entity or phenomenon vulnerable to unwanted change. Security mostly refers to protection from hostile forces, but it has a wide range of other senses: for example, as the absence of harm (e.g., freedom from want); as the presence of an essential good (e.g., food security); as resilience against potential damage or harm (e.g. secure foundations); as secrecy (e.g., a secure telephone line); as containment (e.g., a secure room or cell); and as a state of mind (e.g., emotional security). Security is both a feeling and a state of reality. One might feel secure when one is not actually so; or might feel insecure despite being safe. This distinction is usually not very clear to express in the English language. The term is also used to refer to acts and s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Germany
Banking in Germany is a highly leveraged industry, as its average leverage ratio (assets divided by net worth) as of 11 October 2008 is 52 to 1 (while, in comparison, that of France is 28 to 1 and that of the United Kingdom is 24 to 1); its short-term liabilities are equal to 60% of the German GDP or 167% of its national debt. History From the 15th century, banking families such as Fugger, Welser and Hochstetter were international mercantile bankers and venture capitalists. The oldest bank still in existence in Germany, Berenberg Bank, was founded by Dutch brothers Hans and Paul Berenberg in 1590, is still owned by the Berenberg family, and is the world's oldest or second oldest bank, depending on the exact definition. Market overview Germany has universal banking. The private customer mostly has to choose between three kinds of banks (German "three pillar system"): # private banks (including direct banks): the largest ones are Deutsche Bank, Postbank (acquired by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
