Appendix 6-D: CFICode Usage — ISO 10962 Classification of Financial Instruments (CFI code)

As of FIX 4.3, the CFICode field was added to the FIX Protocol in an attempt to provide a standards-based source of security type values by using values defined in ISO 10962 standard: Classification of Financial Instruments (CFI code). Prior to FIX 4.3, the SecurityType field was used to identify security types and was based upon a set of values published by ISITC (International Securities Association for Institutional Trade Communication) which ISITC no longer maintains.

It is recommended that CFICode be used instead of SecurityType for non-Fixed Income instruments as it is based upon an ISO standard and supports non-Fixed Income products in a manner consistent with the needs of FIX Protocol users. As of FIX 4.3, the SecurityType field was expanded and re-organized to support the requirements of Fixed Income products for FIX Protocol users, as the present ISO 10962 standard did not meet those needs.

ISO 10962 is maintained by ANNA (Association of National Numbering Agencies) acting as Registration Authority. See " Appendix 6-B FIX Fields Based Upon Other Standards ". See also the Product <460> and SecurityType <167> fields.

A subset of ISO 10962 values applicable to FIX usage are identified below. The official standard and set of possible values are maintained by the ISO 10962 standard and any discrepancies below should be considered typographical errors using the ISO 10962 standard as the correct set of values. To obtain the ISO 10962 standard, please contact the ISO 10962 secretariat (see " Appendix 6-B ") and/or visit the ISO website at http://www.iso.ch

The ISO 10962 standard defines a 6 character code in which each character’s position value carries a special significance (attribute) and set of values. Note that "X" represents an unspecified or unknown attribute, thus it is not always necessary to specify every attribute (character position value).

High-level subset of possible values applicable to FIX usage:

Note: Corresponding FIX 4.2 SecurityType field value is identified within [ ]

• ESXXXX = Equity Common Shares [CS]
• EMXXXX = Equity Miscellaneous or Other (e.g. Exchange Traded Funds (ETFs), etc.) [n/a]
• EPXXXX = Equity Preferred Shares [PS]
• EUXXXX = Equity Units (unit trusts/mutual funds/OPCVM/OICVM) [MF]
• DXXXXX = Debt (Fixed Income) [various]
• DCXXXX = Debt Convertible Bond [CB]
• FXXXXX = Future [FUT]
• MRCXXX = Misc, Referential Instrument, Currency [FOR]
• MRIXXX = Misc, Referential Instrument, Index [n/a]
• MRRXXX = Misc, Referential Instrument, Interest Rate [n/a]
• OCXXXX = Option - Call [OPT]
• OPXXXX = Option - Put [OPT]
• RWXXXX = Right Warrant [WAR]
• RWXCXX = Covered Warrant [n/a]
• XXXXXX = [NONE and ?]

Note that "X" represents an unspecified or unknown attribute and many of the values above containing "X" can be further subdefined according to the CFI standard (e.g. Voting rights are the third character of Equity Common Shares).

Detailed, granular subset of possible values applicable to FIX usage:

Options

Definintion for Options (code defined by character position):

See Volume 7: "PRODUCT: DERIVATIVES" – "Use of the CFICode for Derivatives"

Futures

Definition for Futures (code defined by character position):

See Volume 7: "PRODUCT: DERIVATIVES" – "Use of the CFICode for Derivatives"