The International Securities Identification Number (ISIN) is a unique identifier for securities. The number contains a country code, issuer identification, and issue identification. A list of all ISINs issued globally can be found on the Internet. FIGIs codes are important to identify a security in any application. Moreover, they are necessary when dealing with international securities exchanges, such as the Openfigi. Read this article to learn more about them and, especially, how to use an API that will simplify the task of developers who want to incorporate this data in their applications. FIGIs codes are important to identify a security in any application. Moreover, they are necessary when dealing with international securities exchanges, such as the Openfigi. Read this article to learn more about them and, especially, how to use an API that will simplify the task of developers who want to incorporate this data in their applications. FIGIs codes are important to identify a security in any application. Moreover, they are necessary when dealing with international securities exchanges, such as the Openfigi. Read this article to learn more about them and, especially, how to use an API that will simplify the task of developers who want to incorporate this data in their applications. In addition to that, it is an essential aspect for any trader or investor in order to have a unique identity for each security that is circulating in the market. FIGIs codes consist of letters and numbers that classify an asset depending on its types and origin. For example, if you have a real estate property or a corporate bond, you will have different codes depending on how they were acquired and whether they are local or international securities. The FIGI code is also used in the technical analysis charting software industry and by charting services available on the Internet which can convert financial symbols into FIGIs based on their symbol string of letters and numbers. Some trading software will automatically convert financial symbols into FIGIs based on their symbol string of letters and numbers. These codes represent all types of funds offered by companies and financial institutions throughout the world; therefore, it is very important that developers take advantage of them since its integration will save time and money for any project. How To Use This API? If you think you can’t do anything about it; or you just don’t know what an API is or how it works; let me tell you that before reading this post you had no idea about it either; don’t worry about it! APIs are simple tools that
Be able to retrieve all the FIGIs codes related to any security based on its ISIN code.
You can check Get FIGIs Numbers by ISIN Codes API for free here.
