The Jamaica Stock Exchange (JSE) is the only National Numbering Agency authorized to issue International Securities Identification Numbers (ISINs) for financial instruments issued in Jamaica. The JSE is authorized by the Association of National Numbering Agencies (ANNA) to issue ISINs. An ISIN is a unique identifier for a security and its structure is defined by ISO6166.
The ISIN standard is used worldwide to identify specific securities such as bonds, stocks (common and preferred), futures, warrant, rights, trusts, commercial paper and options. ISINs are assigned to securities to facilitate unambiguous clearing and settlement procedures. They are composed of a 12-digit alphanumeric code.
There are three parts to an ISIN as exemplified by US-049580485-1 (the dashes don’t count, they are there to add clarity). The code can be broken down as follows:
- A two-letter country code. The country code for Jamaica is JM;
- A nine-digit numeric identifier; and
- A single check-digit.
To request an ISIN for a security, contact your broker.