About FIBO Production
type: Ontology
abstract: This ontology is provided for the convenience of FIBO users. It loads all of the very latest FIBO production ontologies based on the contents of GitHub, rather than those that comprise a specific version, such as a quarterly release. Note that metadata files and other 'load' files, such as the various domain-specific 'all' files, are intentionally excluded.
issued: 2018-03-31T18:00:00
license: Copyright (c) 2013-2025 EDM Council, Inc. Copyright (c) 2013-2025 Object Management Group, Inc. Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files (the 'Software'), to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, and to permit persons to whom the Software is furnished to do so, subject to the following conditions: The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software. THE SOFTWARE IS PROVIDED 'AS IS', WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE SOFTWARE. See https://opensource.org/licenses/MIT.
modified: 2025-07-01T18:00:00
version IRI: QuickFIBOProd
copyright: Copyright (c) 2013-2025 EDM Council, Inc.
copyright: Copyright (c) 2013-2025 Object Management Group, Inc.

abstract
type: AnnotationProperty
sub property of: description
definition: summary of the resource
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, ontology, or other similar resource.

contributor
type: AnnotationProperty
definition: party that has made contributions to the resource

creator
type: AnnotationProperty
sub property of: contributor
definition: party that originated the resource

description
type: AnnotationProperty
sub property of: note
definition: account of the resource

issued
type: AnnotationProperty
definition: date of formal issuance of the resource
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, ontology, or other similar resource.

license
type: AnnotationProperty
definition: legal document giving official permission to do something with the resource
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, ontology, or other similar resource.

modified
type: AnnotationProperty
definition: date on which the resource was most recently revised

publisher
type: AnnotationProperty
definition: primary party responsible for making the resource available
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, ontology, or other similar resource.

references
type: AnnotationProperty
definition: indicates a related resource that is referenced, cited, or otherwise pointed to by the described resource

rights
type: AnnotationProperty
definition: provides nformation about rights held in and over the resource
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, ontology, or other similar resource.

source
type: AnnotationProperty
definition: related resource from which the described resource is derived
explanatory note: The intent is to provide a user with a reference as to how the thing being annotated was derived or arrived at. The source can be a URL to a standard, common dictionary (e.g., Collins, Merriam-Webster, Oxford), a formal reference such as an ISO standard, or similar reference. Or it can be a short description of a source from which the entity being annotated was derived.

title
type: AnnotationProperty
definition: formal name given to the resource (artifact, such as a controlled vocabulary or ontology)
usage note: This annotation is typically used to describe an artifact such as a controlled vocabulary, document, ontology, or other similar resource.

langString
type: Datatype
source: BCP 47: Tags for Identifying Languages, available at https://tools.ietf.org/search/bcp47
source: https://www.w3.org/TR/rdf11-concepts/#section-Datatypes
definition: literal with a non-empty language tag
note: This datatype declaration is included to support language-tagged strings, as defined in RDF 1.1. The rdf:langString datatype has not been incorporated directly in OWL 2 to date, and so it must be declared in order to enable its inclusion in the declaration of the Text datatype. Language-tagged strings must be well-formed according to section 2.2.9 of [BCP47].

alternative label
type: AnnotationProperty
sub property of: label
definition: alternative lexical tag for a resource

change note
type: AnnotationProperty
sub property of: note
definition: note describing a modification to a resource

definition
type: AnnotationProperty
sub property of: note
definition: formal statement of the meaning of a resource

editorial note
type: AnnotationProperty
sub property of: note
definition: note for an editor, translator, or maintainer of the controlled vocabulary or ontology

example
type: AnnotationProperty
sub property of: note
definition: illustration of the use of some resource

note
type: AnnotationProperty
definition: general remark, for any purpose

preferred label
type: AnnotationProperty
sub property of: label
definition: preferred lexical label for a resource, in a given language

scope note
type: AnnotationProperty
sub property of: note
definition: note that helps to clarify the meaning of something within the context of the intended use of the resource

London Stock Exchange plc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for London Stock Exchange plc.
has tag: 213800D1EI4B9WTWWD28
identifies: London Stock Exchange plc.
is registered by: London Stock Exchange as local operating unit

LuxCSD S.A. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for LuxCSD S.A.
has tag: 222100T6ICDIY8V4VX70
identifies: LuxCSD S.A.
is registered by: Lux CSD

Federal Reserve Bank of New York legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for the Federal Reserve Bank of New York
has tag: 254900Y8NKGV541U8Q32
identifies: FederalReserveBankOfNewYork-US-NY
is registered by: BloombergFinanceLPAsLocalOperatingUnit

The Proctor & Gamble Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Proctor & Gamble Company
has tag: 2572IBTT8CCZW6AU4141
identifies: The Proctor & Gamble Company US-OH

BNY Mellon, National Association legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for BNY Mellon, National Association
has tag: 4EP6JBYBTPTQ47LZOB67
identifies: BNYMellonNationalAssociation-US-DE

SIX Financial Information AG legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for SIX Financial Information AG
has tag: 506700D369548LQDC335
identifies: SIX Financial Information AG
is registered by: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann

Global Legal Entity Identifier Foundation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: identifier and link to the official legal entity identifier registry entry for the Global Legal Entity Identifier Foundation as published in the Global LEI Index
has tag: 506700GE1G29325QX363
identifies: Global Legal Entity Identifier Foundation
is registered in: Global LEI Index

Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG
has tag: 5299000J2N45DDNE4Y28
identifies: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG
is registered by: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann

SIX Group AG legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for SIX Group AG
has tag: 529900ZMNQFCPP762W05
identifies: SIX Group AG
is registered by: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann

Intercontinental Exchange legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Intercontinental Exchange
has tag: 5493000F4ZO33MV32P92
identifies: IntercontinentalExchangeInc-US-DE
is registered by: Business Entity Data (BED) B.V.

Bloomberg Finance L.P. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Bloomberg Finance L.P.
has tag: 5493001KJTIIGC8Y1R12
identifies: BloombergFinanceLP-US-DE
is registered by: BloombergFinanceLPAsLocalOperatingUnit

Thomson Reuters Corporation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Thomson Reuters Corporation
has tag: 549300561UZND4C7B569
identifies: ThomsonReutersCorporation
is registered by: Business Entity Data (BED) B.V.

Alphabet Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Alphabet Inc.
has tag: 5493006MHB84DD0ZWV18
identifies: Alphabet Inc. US-CA

BSDR LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for BSDR LLC
has tag: 5493006SPIZKPPCPBB70
identifies: BSDR LLC US-DE

Bloomberg L.P. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Bloomberg L.P.
has tag: 549300B56MD0ZC402L06
identifies: BloombergLP-US-DE
is registered by: BloombergFinanceLPAsLocalOperatingUnit

Euroclear SA/NV legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Euroclear SA/NV
has tag: 549300CBNW05DILT6870
identifies: Euroclear SA/NV
is registered by: Business Entity Data (BED) B.V.

European Central Bank legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for the European Central Bank
has tag: 549300DTUYXVMJXZNY75
identifies: European Central Bank
is registered by: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann

DTCC Data Repository (U.S) LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for DTCC Data Repository (U.S) LLC
has tag: 549300H9ZM7RDBM87W85
identifies: DTCC Data Repository (U.S) LLC US-NY

The Depository Trust Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Depository Trust Company
has tag: MLDY5N6PZ58ZE60QU102
identifies: DTC-US-NY
is registered by: Business Entity Data (BED) B.V.

ICE Trade Vault, LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for ICE Trade Vault, LLC
has tag: 549300KE78SX8RVDNO58
identifies: ICE Trade Vault, LLC US-DE

Corporation Service Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for the Corporation Service Company
has tag: 549300NOPSIMGJNT8J31
identifies: CorporationServiceCompany-US-DE
is registered by: Business Entity Data (BED) B.V.

Clearstream Banking S.A. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Clearstream Banking S.A.
has tag: 549300OL514RA0SXJJ44
identifies: Clearstream Banking S.A.
is registered by: Lux CSD

Bank of Canada legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for the Bank of Canada
has tag: 549300PN6MKI0CLP4T28
identifies: BankOfCanada
is registered by: Business Entity Data (BED) B.V.

Citicorp LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Citicorp LLC
has tag: 549300PSHWOM1D1JVL23
identifies: CiticorpLLC-US-DE

State Street Corporation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for State Street Corporation
has tag: 549300ZFEEJ2IP5VME73
identifies: StateStreetCorporation-US-MA

State Street Bank and Trust Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for State Street Bank and Trust Company
has tag: 571474TGEMMWANRLN572
identifies: StateStreetBankAndTrustCompany-US-MA

Citigroup Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Citigroup Inc.
has tag: 6SHGI4ZSSLCXXQSBB395
identifies: CitigroupInc-US-DE

FMR LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for FMR LLC
has tag: 6X064LF7Y6B4DKF2GZ26
identifies: FMRLLC-US-DE

JPMorgan Chase Bank, National Association legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for JPMorgan Chase Bank, National Association
has tag: 7H6GLXDRUGQFU57RNE97
identifies: JPMorganChaseBankNationalAssociation-US-OH

JPMorgan Chase & Co. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for JPMorgan Chase & Co.
has tag: 8I5DZWZKVSZI1NUHU748
identifies: JPMorganChaseAndCo-US-DE

Citibank, N.A. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Citibank N.A.
has tag: E57ODZWZ7FF32TWEFA76
identifies: CitibankNA-US-DE

Business Entity Data (BED) B.V. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Business Entity Data (BED) B.V.
has tag: EVK05KS7XY1DEII3R011
identifies: Business Entity Data (BED) B.V. NL
is registered by: Business Entity Data (BED) B.V.

Society for Worldwide Interbank Financial Telecommunication (SWIFT) legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: identifier and link to the official legal entity identifier registry entry for the Society for Worldwide Interbank Financial Telecommunication (SWIFT)
has tag: HB7FFAZI0OMZ8PP8OE26
identifies: Society for Worldwide Interbank Financial Telecommunication
is registered in: Global LEI Index

Apple Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Apple Inc.
has tag: HWUPKR0MPOU8FGXBT394
identifies: Apple Inc. US-CA

Wells Fargo Bank, National Association legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Wells Fargo Bank, National Association
has tag: KB1H1DSPRFMYMCUFXT09
identifies: WellsFargoBankNationalAssociation-US
is registered by: BloombergFinanceLPAsLocalOperatingUnit

The Depository Trust & Clearing Corporation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Depository Trust & Clearing Corporation
has tag: MLDY5N6PZ58ZE60QU102
identifies: DTCC-US-DE
is registered by: Business Entity Data (BED) B.V.

WFC Holdings, LLC legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for WFC Holdings, LLC
has tag: OT19FZZ6Z7A27CCLDY33
identifies: WFCHoldingsLLC-US-DE
is registered by: BloombergFinanceLPAsLocalOperatingUnit

Wells Fargo & Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Wells Fargo & Company
has tag: PBLD0EJDB5FWOLXP3B76
identifies: WellsFargoAndCompany-US-DE

The Home Depot, Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Home Depot, Inc.
has tag: QEKMOTMBBKA8I816DO57
identifies: The Home Depot, Inc. US-DE

Chicago Mercantile Exchange, Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for Chicago Mercantile Exchange, Inc.
has tag: SNZ2OJLFK8MNNCLQOF39
identifies: Chicago Mercantile Exchange, Inc. US-DE

BGC Partners, Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for BGC Partners, Inc.
has tag: TF1LXM1YNB81WKUH5G19
identifies: BGCPartnersInc-US-DE

The Coca-Cola Company legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Coca-Cola Company
has tag: UWJKFUJFZ02DKWI3RY53
identifies: The Coca-Cola Company US-DE

Bank for International Settlements legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: identifier and link to the official legal entity identifier registry entry for the Bank for International Settlements
has tag: UXIATLMNPCXXT5KR1S08
identifies: Bank for International Settlements
is registered in: Global LEI Index

International Business Machines Corporation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for International Business Machines Corporation
has tag: VGRQXHF3J8VDLUA7XE92
identifies: International Business Machines Corporation US-NY

The Bank of New York Mellon Corporation legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for The Bank of New York Mellon Corporation
has tag: WFLLPEPC7FZXENRZV188
identifies: BankOfNewYorkMellonCorporation-US-DE

S&P Global, Inc. legal entity identifier
type: NamedIndividual
type: legal entity identifier
definition: legal entity identifier for S&P Global, Inc.
has tag: Y6X4K52KMJMZE7I7MY94
identifies: SPGlobalInc-US-NY
is registered by: Business Entity Data (BED) B.V.

board agreement
type: Class
subclass of: organization covering agreement
definition: formal, legally binding agreement between members of the Board of Directors of the organization

joint stock company
type: Class
subclass of: business entity
definition: for-profit, unincorporated business that has some characteristics of a corporation and some features of a partnership, with ownership interests represented by shares of stock
explanatory note: 1. In the UK, the original (17th century) name for a corporation in which the liability of the owners is limited to the nominal value of the stock (shares) held by them. 2. In the US, a joint stock company is similar to a corporation, but with unlimited liability for the shareholders. Investors in a US joint stock company receive stock (shares) which can be transferred, and can elect a board of directors, but are jointly-and-severally liable for the company's debts and obligations. A US joint stock company cannot hold title to a real property.

privately held company
type: Class
subclass of: stock corporation
definition: corporation whose issued shares are all held by a family or a small group of investors and, therefore, cannot be bought by the public
explanatory note: For British or Commonwealth companies, a privately held company limited by shares is a type of company incorporated under the laws of England and Wales, Scotland, certain Commonwealth countries and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of public limited companies. Limited by shares means that the company has shareholders, and that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholders personal assets are thereby protected in the event of the company's insolvency, but money invested in the company will be lost. A limited company may be private or public. A private limited companys disclosure requirements are lighter, but for this reason its shares may not be offered to the general public (and therefore cannot be traded on a public stock exchange). This is the major distinguishing feature between a private limited company and a public limited company. Most companies, particularly small companies, are private. Private companies limited by shares are required to have the suffix Limited (often written Ltd or Ltd.) or Incorporated (Inc.) as part of their name, though the latter cannot be used in the UK or the Republic of Ireland. In the Republic of Ireland, Teoranta (Teo.) may be used instead, largely by Gaeltacht companies. Cyfyngedig (Cyf.) may be used by Welsh companies in a similar fashion.
synonym: closed corporation
synonym: privately held corporation

publicly held company
type: Class
subclass of: stock corporation
definition: corporation whose shares are traded and held publicly

registration identifier
type: Class
subclass of: OrganizationIdentifier
subclass of: Restriction
  on property: isGovernedBy
  on class: Jurisdiction
  min qualified cardinality: 0
subclass of: Restriction
  on property: identifies
  on class: FormalOrganization
  qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  some values from: registration identifier scheme
definition: identifier that is officially allocated to an organization at the time of registration, typically in a jurisdiction in which said organization is organized or registered and used in that jurisdiction to identify the organization
scope note: In some jurisdictions, such as the State of California, registration identifiers are issued to corporations, including non-profit corporations, limited liability companies, certain partnerships, and foreign corporations doing business in California. The same or a very similar process is used for registration of corporations across the US.
explanatory note: A registration identifier may be required for official communications and is publicly available. The relationship to the jurisdiction in which the organization is organized or registered is typically required, but is optional here to cover cases where jurisdictions may overlap or are not as clearly defined.

registration identifier scheme
type: Class
subclass of: OrganizationIdentificationScheme
subclass of: Restriction
  on property: defines
  some values from: registration identifier
definition: scheme that defines the registration identifier per the issuing registration authority

religious corporation
type: Class
subclass of: not-for-profit corporation
subclass of: Restriction
  on property: hasObjective
  some values from: religious objective
definition: not-for-profit corporation whose objective is specific to some fundamental set of beliefs and practices generally agreed upon by a number of people, and that is incorporated under the law
explanatory note: Often religious corporations are recognized under the law on a sub-national level, for instance by a state or provincial government. The government agency responsible for regulating such corporations is usually the official holder of records, for instance a state department of corporations.

has date of incorporation
type: ObjectProperty
sub property of: hasExplicitDate
range: ExplicitDate
definition: indicates the formal date of incorporation as stated in filing documents

has date of registration
type: ObjectProperty
sub property of: hasExplicitDate
range: ExplicitDate
definition: indicates the date on which the corporation has registered in some jurisdiction for regulatory and / or for tax purposes

has issued capital
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates the aggregate value of all shares held by shareholders
explanatory note: A corporation can, at any time, issue new shares up to the full amount of authorized share capital.
synonym: has subscribed capital
synonym: has subscribed share capital

has shares authorized
type: DatatypeProperty
sub property of: hasAmount
range: nonNegativeInteger
definition: indicates the maximum number of shares that are permitted to be issued, as established by the board of directors
explanatory note: An initial number of authorized shares is typically established at the time of incorporation, and is documented in articles of incorporation. The number of shares authorized may be extended from time to time by the board of directors as needed, and articles of incorporation and other legal documentation will be amended accordingly. It includes shares that are available, but not yet issued, for sale to generate capital, and shares available for distribution to insiders as part of their compensation packages.

association
type: Class
subclass of: not for profit organization
subclass of: Restriction
  on property: playsRole
  on class: cooperative society
  min qualified cardinality: 0
definition: not-for-profit organization that is owned by and acts on behalf of its members
explanatory note: Associations include trade or business associations, industry sector-specific groups, and professional associations, among others. They also commonly include cooperative farms and markets.

cooperative society
type: Class
subclass of: functional business entity
definition: organization owned by and operated for the benefit of those using its services
example: In agriculture, there are broadly three types of cooperatives: a machinery pool, a manufacturing/marketing cooperative, and a credit union
synonym: cooperative

family office
type: Class
subclass of: functional business entity
definition: organization that assumes the day-to-day administration and management of a family's affairs
explanatory note: Family offices are often privately held companies set up to handle investment and wealth management for wealthy families.

functional business entity
type: Class
subclass of: functional entity
subclass of: Restriction
  on property: isPlayedBy
  on class: FormalOrganization
  min qualified cardinality: 0
definition: functional entity defined in terms of the nature of the commercial activity it conducts

functional entity
type: Class
subclass of: FunctionalRole
subclass of: Restriction
  on property: isPlayedBy
  on class: Party
  min qualified cardinality: 0
definition: party defined in terms of a function they or it performs

merchant
type: Class
subclass of: functional business entity
subclass of: Restriction
  on property: isClassifiedBy
  some values from: merchant category code
subclass of: Restriction
  on property: isIdentifiedBy
  some values from: merchant identifier
definition: party engaged in the purchase and sales of goods produced by others for profit

merchant category code
type: Class
subclass of: IndustrySectorClassifier
subclass of: CodeElement
subclass of: Restriction
  on property: isDefinedIn
  on class: merchant category code scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: hasTag
  on data range: string
  qualified cardinality: 1
subclass of: Restriction
  on property: has merchant category description
  some values from: string
subclass of: Restriction
  on property: classifies
  some values from: merchant
definition: code used internationally to classify a merchant
abbreviation: MCC
adapted from: ISO 18245:2003 Retail financial services - Merchant category codes
explanatory note: Merchant categories are organized by the type of business, trade or services supplied. Certain category codes including those for very large businesses, such as airlines and some hotel chains, may be delineated to the point of identifying the business. Merchant category codes and/or the descriptions of the service categories are frequently used in credit card and other banking transactions for analysis, transaction classification, such as for use in promotional rewards, and sometimes tax-related purposes.
explanatory note: Values are specified only for those merchant categories that are generally expected to originate retail financial transactions. Criteria for establishing a new category code includes (a) the merchant category is reasonable and substantially different from all other merchant categories currently represented in the list of code values; (b) the merchant category is separate and distinct from all other industries currently represented in the list of code values; (c) the proposal describes a merchant category or industry, and not a process; (d) the minimum annual sales volume of merchants included in the merchant category, taken as a whole, is USD 10 million; and (e) sufficient justification for the addition of a new code value is found.

merchant category code scheme
type: Class
subclass of: IndustrySectorClassificationScheme
subclass of: Restriction
  on property: defines
  some values from: merchant category code
definition: scheme defining a set of codes for classifying merchant services
adapted from: ISO 18245:2003 Retail financial services - Merchant category codes
explanatory note: ISO 18245 provides a set of merchant category codes that are used internationally. Some countries, regional governments, banks, and other large organizations extend the basic codes with custom additions to fit business needs.

merchant identifier
type: Class
subclass of: Identifier
subclass of: Restriction
  on property: identifies
  on class: merchant
  qualified cardinality: 1
definition: unique identifier for a merchant that is used, for example, for transaction interchange purposes

syndicate
type: Class
subclass of: Organization
subclass of: Restriction
  on property: hasMember
  some values from: Party
definition: temporary, self-organizing group of people, companies, corporations or entities organized as an alliance whose purpose is to transact some specific business, or to pursue or promote a shared interest
example: For example, when a group of investment banks work together to bring a new issue of securities to the market, they form a distributing syndicate. Other types of syndicates are created for underwriting, banking, and insurance.
explanatory note: A syndicate is a temporary alliance formed by people or businesses to handle a large transaction that would be hard to execute individually. Syndication makes it easy for businesses to pool their resources and share risks.

syndicate member
type: Class
subclass of: OrganizationMember
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    all values from: syndicate
definition: role of an individual or organization that is a member of an alliance set up to pool resources and share risk with respect to a large transaction
synonym: participating member
synonym: syndicate participant

has merchant category description
type: DatatypeProperty
domain: merchant category code
range: string
definition: provides a text description of the sector to which the code applies

market data provider
type: Class
subclass of: publisher
definition: publisher of data relevant to financial markets
explanatory note: Market data providers include exchanges and independent data vendors, among others. Market valuation and related control and risk processes typically require explicit documentation of the source for a given market rate, such as an interest rate benchmark, exchange rate, stock prices, and so forth.

publication
type: Class
subclass of: Document
definition: document offered for general distribution and usually produced in multiple copies
adapted from: ISO 5127:2017, Information and documentation - Foundation and vocabulary
explanatory note: A publication can be anything made public by print (such as a newspaper, magazine, pamphlet, letter, telegram, via computer modem or program, or in a poster, brochure or pamphlet), orally, or by broadcast (radio, television).

publisher
type: Class
subclass of: PartyRole
subclass of: Restriction
  on property: isPlayedBy
  on class: Party
  min qualified cardinality: 0
definition: role of person(s) or organization(s) responsible for the printing or distribution of an item, whether in digital or print (physical) form
adapted from: ISO 10161-1:2014(en), Information and documentation - Open Systems Interconnection - Interlibrary Loan Application Protocol Specification - Part 1: Protocol specification
explanatory note: Publishers may also include banks, government agencies and the like.

has publisher
type: ObjectProperty
sub property of: hasPartyRole
sub property of: manifests
domain: publication
range: publisher
inverse of: publishes
definition: indicates the party in the role of issuing the information

is published by
type: ObjectProperty
sub property of: hasParty
domain: publication
range: Party
definition: identifies the independent party (i.e., the individual or organization) that disseminates the material

publishes
type: ObjectProperty
sub property of: isManifestedIn
domain: publisher
range: publication
definition: prepares and issues material for public consumption

Government of the Kyrgyz Republic
type: NamedIndividual
type: national government
label: Кыргыз Республикасы @ky
definition: unitary parliamentary secular constitutional republic in Central Asia, bordered by Kazakhstan, Uzbekistan, Tajikistan, and China
governs: Kyrgyzstan
has jurisdiction: jurisdiction of the Kyrgyz Republic

Government of the Republic of Kazakhstan
type: NamedIndividual
type: national government
label: Қазақстан Республикасы @kk
definition: unitary dominant-party presidential constitutional republic in Central Asia, bordered by Russia in the north, China in the east, and Kyrgyzstan, Uzbekistan, and Turkmenistan in the south while also adjoining a large part of the Caspian Sea in the southwest
governs: Kazakhstan
has jurisdiction: jurisdiction of the Republic of Kazakhstan

Government of the Republic of Tajikistan
type: NamedIndividual
type: national government
label: Ҷумҳурии Тоҷикистон @tg
definition: unitary dominant-party presidential constitutional secular republic in Central Asia, bordered by Afghanistan to the south, Uzbekistan to the west, Kyrgyzstan to the north and China to the east
governs: Tajikistan
has jurisdiction: jurisdiction of the Republic of Tajikistan

Government of the Republic of Uzbekistan
type: NamedIndividual
type: national government
label: Oʻzbekiston Respublikasi @uz
definition: unitary presidential constitutional secular republic in Central Asia, bordered by Kazakhstan to the north, Kyrgyzstan to the northeast, Tajikistan to the southeast, Afghanistan to the south, Turkmenistan and the autonomous republic of Karakalpakstan to the south-west
governs: Uzbekistan
has jurisdiction: jurisdiction of the Republic of Uzbekistan

Government of Turkmenistan
type: NamedIndividual
type: national government
label: Türkmenistan @tk
definition: unitary dominant-party presidential republic in Central Asia, bordered by Kazakhstan to the northwest, Uzbekistan to the north, east and northeast, Afghanistan to the southeast, Iran to the south and southwest and the Caspian Sea to the west
governs: Turkmenistan
has jurisdiction: jurisdiction of Turkmenistan

jurisdiction of the Kyrgyz Republic
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Kyrgyzstan, which is the system of courts, including the Supreme Court, that interprets and applies the law in Kyrgyzstan
has reach: Kyrgyzstan
is jurisdiction of: Government of the Kyrgyz Republic

jurisdiction of the Republic of Kazakhstan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Kazakhstan, which is the system of courts that interprets and applies the law in Kazakhstan
has reach: Kazakhstan
is jurisdiction of: Government of the Republic of Kazakhstan

jurisdiction of the Republic of Tajikistan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Tajikistan, which is the system of courts that interprets and applies the law in Tajikistan
has reach: Tajikistan
is jurisdiction of: Government of the Republic of Tajikistan

jurisdiction of the Republic of Uzbekistan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Uzbekistan, which is the system of courts that interprets and applies the law in Uzbekistan
has reach: Uzbekistan
is jurisdiction of: Government of the Republic of Uzbekistan

jurisdiction of Turkmenistan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Turkmenistan, which is the system of courts, including the Supreme Court of Turkmenistan and its divisions, that interprets and applies the law in Turkmenistan
has reach: Turkmenistan
is jurisdiction of: Government of Turkmenistan

state of Kazakhstan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Kazakhstan
has full sovereignty over: Kazakhstan
is represented by: Government of the Republic of Kazakhstan

state of Kyrgyzstan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Kyrgyzstan
has full sovereignty over: Kyrgyzstan
is represented by: Government of the Kyrgyz Republic

state of Tajikistan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Tajikistan
has full sovereignty over: Tajikistan
is represented by: Government of the Republic of Tajikistan

state of Turkmenistan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Turkmenistan
has full sovereignty over: Turkmenistan
is represented by: Government of Turkmenistan

state of Uzbekistan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Uzbekistan
has full sovereignty over: Uzbekistan
is represented by: Government of the Republic of Uzbekistan

Government of Japan
type: NamedIndividual
type: national government
label: 日本国 @ja
definition: unitary parliamentary constitutional monarchy with a bicameral legislature in Eastern Asia, bordered on the west by the Sea of Japan, and extending from the Sea of Okhotsk in the north toward the East China Sea and Taiwan in the south
governs: Japan
has jurisdiction: jurisdiction of Japan

Government of Mongolia
type: NamedIndividual
type: national government
label: Монгол Улс @mn
definition: unitary semi-presidential representative democratic republic and landlocked country in Eastern Asia, situated between Russia to the north and China to the south, where it neighbours the Inner Mongolia Autonomous Region
governs: Mongolia
has jurisdiction: jurisdiction of Mongolia

Government of the Democratic People's Republic of Korea
type: NamedIndividual
type: national government
label: 조선민주주의인민공화국 @ko
definition: unitary one-party republic under a totalitarian dictatorship in Eastern Asia, constituting the northern part of the Korean Peninsula, bordered to the north by China and by Russia along the Amnok (known as the Yalu in Chinese) and Tumen rivers, and to the south by South Korea, with the heavily fortified Korean Demilitarized Zone (DMZ) separating the two
governs: KoreaDemocraticPeoplesRepublicOf
has jurisdiction: jurisdiction of the Democratic People's Republic of Korea

Government of the Hong Kong Special Administrative Region of the People's Republic of China
type: NamedIndividual
type: regional government
label: 中華人民共和國香港特別行政區 @zh
definition: devolved executive-led system within a socialist republic that is a metropolitan area and special administrative region of the People's Republic of China on the eastern Pearl River Delta of the South China Sea
governs: HongKong
has jurisdiction: jurisdiction of Hong Kong

Government of the Macao Special Administrative Region of the People's Republic of China
type: NamedIndividual
type: regional government
label: 中華人民共和國澳門特別行政區 @zh
definition: devolved executive-led system within a socialist republic that is a metropolitan area and special administrative region of the People's Republic of China in the western Pearl River Delta by the South China Sea
governs: Macao
has jurisdiction: jurisdiction of Macao

Government of the People's Republic of China
type: NamedIndividual
type: national government
label: 中华人民共和国 @zh
definition: unitary Marxist-Leninist single-party socialist republic in Eastern Asia, covering approximately 9.6 million square kilometers (3.7 million square miles), that is the world's third or fourth-largest country by area
governs: China
has jurisdiction: jurisdiction of China

Government of the Republic of China
type: NamedIndividual
type: national government
label: 中華民國 @zh
definition: unitary semi-presidential constitutional republic whose neighbors include the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south
governs: Taiwan
has jurisdiction: jurisdiction of the Republic of China

Government of the Republic of Korea
type: NamedIndividual
type: national government
label: 대한민국 @ko
definition: unitary presidential constitutional republic in Eastern Asia, constituting the southern part of the Korean Peninsula, and sharing a land border with North Korea
governs: KoreaRepublicOf
has jurisdiction: jurisdiction of the Republic of Korea

jurisdiction of China
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of China, which is the system of courts that interprets and applies the law in China
has reach: China
is jurisdiction of: Government of the People's Republic of China

jurisdiction of Hong Kong
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Hong Kong, which is the system of courts that interprets and applies the law in Hong Kong
has reach: HongKong
is jurisdiction of: Government of the Hong Kong Special Administrative Region of the People's Republic of China

jurisdiction of Japan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Japan, which is the system of courts, divided into four basic tiers including the Supreme Court and three levels of lower courts, that interprets and applies the law in Japan
has reach: Japan
is jurisdiction of: Government of Japan

jurisdiction of Macao
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Macao, which is the system of courts that interprets and applies the law in Macao
has reach: Macao
is jurisdiction of: Government of the Macao Special Administrative Region of the People's Republic of China

jurisdiction of Mongolia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Mongolia, which is the system of courts that interpret and apply the law in Mongolia
has reach: Mongolia
is jurisdiction of: Government of Mongolia

jurisdiction of the Democratic People's Republic of Korea
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Democratic People's Republic of Korea, which is the system of courts that interpret and apply the law in North Korea
has reach: KoreaDemocraticPeoplesRepublicOf
is jurisdiction of: Government of the Democratic People's Republic of Korea

jurisdiction of the Republic of China
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Republic of China, which is the system of courts, including the Judicial Yuan, Supreme Court, Council of Grand Justices, and lower courts, that interpret and apply the law in Taiwan
has reach: Taiwan
is jurisdiction of: Government of the Republic of China

jurisdiction of the Republic of Korea
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Republic of Korea, which is the system of courts, including the Supreme Court, Constitutional Court, and lower courts, that interpret and apply the law in South Korea
has reach: KoreaRepublicOf
is jurisdiction of: Government of the Republic of Korea

regional state of Hong Kong
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is Hong Kong
has shared sovereignty over: HongKong
is represented by: Government of the Hong Kong Special Administrative Region of the People's Republic of China

regional state of Macao
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is Macao
has shared sovereignty over: Macao
is represented by: Government of the Macao Special Administrative Region of the People's Republic of China

state of China
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is China
has full sovereignty over: China
has shared sovereignty over: HongKong
has shared sovereignty over: Macao
is represented by: Government of the People's Republic of China

state of Japan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Japan
has full sovereignty over: Japan
is represented by: Government of Japan

state of Mongolia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Mongolia
has full sovereignty over: Mongolia
is represented by: Government of Mongolia

state of North Korea
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is North Korea
has full sovereignty over: KoreaDemocraticPeoplesRepublicOf
is represented by: Government of the Democratic People's Republic of Korea

state of South Korea
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is South Korea
has full sovereignty over: KoreaRepublicOf
is represented by: Government of the Republic of Korea

regional state of Taiwan
type: NamedIndividual
type: sovereign state
definition: regional sovereignty and polity that is Taiwan
has shared sovereignty over: Taiwan
is represented by: Government of the Republic of China

Government of Malaysia
type: NamedIndividual
type: federal government
definition: federal parliamentary constitutional elective monarchy in Southeastern Asia, separated by the South China Sea into two regions, Peninsular Malaysia and Borneo's East Malaysia, that shares land and maritime borders with Thailand, Brunei, and Indonesia, and maritime borders with Singapore, Vietnam, and the Philippines
governs: Malaysia
has jurisdiction: jurisdiction of Malaysia

Government of the Democratic Republic of Timor-Leste
type: NamedIndividual
type: national government
label: República Democrática de Timor-Leste @pt
label: Repúblika Demokrátika Timór-Leste @tet
definition: unitary semi-presidential constitutional republic in Southeastern Asia, an island country that comprises the eastern half of the island of Timor, the nearby islands of Atauro and Jaco, and Oecusse, an exclave on the northwestern side of the island surrounded by Indonesian West Timor
governs: Timor-Leste
has jurisdiction: jurisdiction of the Democratic Republic of Timor-Leste

Government of the Kingdom of Cambodia
type: NamedIndividual
type: national government
definition: unitary dominant-party parliamentary elective constitutional monarchy in Southeastern Asia, located in the southern portion of the Indochinese peninsula, bordered by Thailand to the northwest, Laos to the northeast, Vietnam to the east and the Gulf of Thailand to the southwest
governs: Cambodia
has jurisdiction: jurisdiction of Cambodia

Government of the Lao People's Democratic Republic
type: NamedIndividual
type: national government
label: ສາທາລະນະລັດ ປະຊາທິປະໄຕ ປະຊາຊົນລາວ @lo
definition: unitary Marxist-Leninist one-party socialist republic in Southeastern Asia, located on the Indochinese Peninsula, bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast and Thailand to the west and southwest
governs: LaoPeoplesDemocraticRepublic
has jurisdiction: jurisdiction of the Lao People's Democratic Republic

Government of the Nation of Brunei, the Abode of Peace
type: NamedIndividual
type: national government
label: Negara Brunei Darussalam @ms
definition: unitary Islamic absolute monarchy in Southeastern Asia, located on the north coast of the island of Borneo
governs: BruneiDarussalam
has jurisdiction: jurisdiction of Brunei

Government of the Republic of Indonesia
type: NamedIndividual
type: national government
label: Republik Indonesia @id
definition: unitary presidential constitutional republic in Southeastern Asia, consisting of more than seventeen thousand islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea, located between the Indian and Pacific oceans
governs: Indonesia
has jurisdiction: jurisdiction of Indonesia

Government of the Republic of Singapore
type: NamedIndividual
type: national government
label: Republik Singapura @ms
label: சிங்கப்பூர் குடியரசு @ta
label: 新加坡共和国 @zh
definition: unitary dominant-party parliamentary constitutional republic in Southeastern Asia, located off the southern tip of the Malay Peninsula, bordering the Straits of Malacca to the west, the Riau Islands (Indonesia) to the south, and the South China Sea to the east
governs: Singapore
has jurisdiction: jurisdiction of the Republic of Singapore

Government of the Republic of the Philippines
type: NamedIndividual
type: national government
label: Republika ng Pilipinas @tl
definition: unitary presidential constitutional republic in Southeastern Asia, an archipelagic country bordered by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the southwest, and shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia and Brunei to the southwest, Vietnam to the west, and China to the northwest
governs: Philippines
has jurisdiction: jurisdiction of the Republic of the Philippines

Government of the Republic of the Union of Myanmar
type: NamedIndividual
type: national government
label: ပြည်ထောင်စု သမ္မတ မြန်မာနိုင်ငံတော် @my
definition: unitary parliamentary assembly-independent republic under a military junta in Southeastern Asia, bordered by Bangladesh and India to its northwest, China to its northeast, Laos and Thailand to its east and southeast, and the Andaman Sea and the Bay of Bengal to its south and southwest
governs: Myanmar
has jurisdiction: jurisdiction of the Republic of the Union of Myanmar

Government of the Socialist Republic of Viet Nam
type: NamedIndividual
type: national government
label: Cộng hòa Xã hội chủ nghĩa Việt Nam @vi
definition: unitary Marxist-Leninist one-party socialist republic in Southeastern Asia, located at the eastern edge of the Indochinese Peninsula, bordering China to the north, and Laos and Cambodia to the west; while maintaining maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia and Malaysia through the South China Sea
governs: VietNam
has jurisdiction: jurisdiction of the Socialist Republic of Viet Nam

jurisdiction of Brunei
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Brunei, which is the system of courts that interprets and applies the law in Brunei
has reach: BruneiDarussalam
is jurisdiction of: Government of the Nation of Brunei, the Abode of Peace

jurisdiction of Cambodia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Cambodia, which is the system of courts that interprets and applies the law in Cambodia
has reach: Cambodia
is jurisdiction of: Government of the Kingdom of Cambodia

jurisdiction of Indonesia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Indonesia, which is the system of courts, including the Supreme Court of Indonesia, that interprets and applies the law in Indonesia
has reach: Indonesia
is jurisdiction of: Government of the Republic of Indonesia

jurisdiction of Malaysia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Malaysia, which is the system of courts, including the Federal Court of Malaysia, that interprets and applies the law in Malaysia
has reach: Malaysia
is jurisdiction of: Government of Malaysia

jurisdiction of the Democratic Republic of Timor-Leste
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Timor-Leste, which is the system of courts that interprets and applies the law in Timor-Leste
has reach: Timor-Leste
is jurisdiction of: Government of the Democratic Republic of Timor-Leste

jurisdiction of the Lao People's Democratic Republic
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Lao People's Democratic Republic, which is the system of courts that interprets and applies the law in Laos
has reach: LaoPeoplesDemocraticRepublic
is jurisdiction of: Government of the Lao People's Democratic Republic

jurisdiction of the Republic of Singapore
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Singapore, which is the system of courts, including the Supreme Court and State Courts, that interprets and applies the law in Singapore
has reach: Singapore
is jurisdiction of: Government of the Republic of Singapore

jurisdiction of the Republic of the Philippines
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Philippines, which is the system of courts, including the Supreme Court of the Philippines, that interprets and applies the law in the Philippines
has reach: Philippines
is jurisdiction of: Government of the Republic of the Philippines

jurisdiction of the Republic of the Union of Myanmar
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Myanmar, which is the system of courts that interprets and applies the law in Myanmar
has reach: Myanmar
is jurisdiction of: Government of the Republic of the Union of Myanmar

jurisdiction of the Royal Thai Government
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Thailand, which is the system of courts that interprets and applies the law in Thailand
has reach: Thailand
is jurisdiction of: Royal Thai Government

jurisdiction of the Socialist Republic of Viet Nam
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Viet Nam, which is the system of courts, including the Supreme People's Court of Viet Nam, that interprets and applies the law in the Viet Nam
has reach: VietNam
is jurisdiction of: Government of the Socialist Republic of Viet Nam

Royal Thai Government
type: NamedIndividual
type: national government
label: รัฐบาลไทย @th
definition: unitary military-junta constitutional monarchy in Southeastern Asia, bordered to the north by Myanmar and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and the southern extremity of Myanmar, and sharing maritime borders with Vietnam in the Gulf of Thailand to the southeast, and Indonesia and India on the Andaman Sea to the southwest
governs: Thailand
has jurisdiction: jurisdiction of the Royal Thai Government

state of Brunei
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Brunei
has full sovereignty over: BruneiDarussalam
is represented by: Government of the Nation of Brunei, the Abode of Peace

state of Cambodia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Cambodia
has full sovereignty over: Cambodia
is represented by: Government of the Kingdom of Cambodia

state of Indonesia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Indonesia
has full sovereignty over: Indonesia
is represented by: Government of the Republic of Indonesia

state of Laos
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is the Lao People's Democratic Republic
has full sovereignty over: LaoPeoplesDemocraticRepublic
is represented by: Government of the Lao People's Democratic Republic

state of Malaysia
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Malaysia
has full sovereignty over: Malaysia
is represented by: Government of Malaysia

state of Myanmar
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Myanmar
has full sovereignty over: Myanmar
is represented by: Government of the Republic of the Union of Myanmar

state of Singapore
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Singapore
has full sovereignty over: Singapore
is represented by: Government of the Republic of Singapore

state of Thailand
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Thailand
has full sovereignty over: Thailand
is represented by: Royal Thai Government

state of the Philippines
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is the Philippines
has full sovereignty over: Philippines
is represented by: Government of the Republic of the Philippines

state of Timor-Leste
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Timor-Leste
has full sovereignty over: Timor-Leste
is represented by: Government of the Democratic Republic of Timor-Leste

state of Viet Nam
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Viet Nam
has full sovereignty over: VietNam
is represented by: Government of the Socialist Republic of Viet Nam

Government of the Democratic Socialist Republic of Sri Lanka
type: NamedIndividual
type: national government
label: ශ්‍රී ලංකා ප්‍රජාතාන්ත්‍රික සමාජවාදී ජනරජය @si
definition: unitary semi-presidential constitutional republic in Southern Asia that is an island country situated on the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea
governs: SriLanka
has jurisdiction: jurisdiction of Sri Lanka

Government of the Federal Democratic Republic of Nepal
type: NamedIndividual
type: federal government
label: सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल @ne
definition: federal parliamentary republic in Southern Asia, mainly situated in the Himalayas, bordering Tibet of China to the north, and India in the south, east, and west
governs: Nepal
has jurisdiction: jurisdiction of Nepal

Government of the Islamic Republic of Afghanistan
type: NamedIndividual
type: national government
label: Da Afġānistān Islāmī Jumhoryat @ps
definition: unitary presidential Islamic republic in Southern Asia, bordered by Pakistan to the east and south, Iran to the west, Turkmenistan, Uzbekistan, and Tajikistan to the north, and China to the northeast
governs: Afghanistan
has jurisdiction: jurisdiction of Afghanistan

Government of the Islamic Republic of Iran
type: NamedIndividual
type: national government
label: جمهوری اسلامی ایران @fa
definition: unitary Khomeinist presidential Islamic republic in Southern Asia, bordered to the northwest by Armenia and Azerbaijan, to the north by the Caspian Sea, to the northeast by Turkmenistan, to the east by Afghanistan, to the southeast by Pakistan, to the south by the Persian Gulf and the Gulf of Oman, and to the west by Turkey and Iraq
governs: Iran
has jurisdiction: jurisdiction of Iran

Government of the Islamic Republic of Pakistan
type: NamedIndividual
type: federal government
label: اِسلامی جمہوریہ پاكِستان @ur
definition: federal parliamentary constitutional republic in Southern Asia, bordered by India to the east, Afghanistan to the west, Iran to the southwest, and China to the northeast
governs: Pakistan
has jurisdiction: jurisdiction of Pakistan

Government of the Kingdom of Bhutan
type: NamedIndividual
type: national government
label: འབྲུག་རྒྱལ་ཁབ་ @dz
definition: unitary parliamentary constitutional monarchy in Southern Asia, bordered by China to the north and India to the south
governs: Bhutan
has jurisdiction: jurisdiction of Bhutan

Government of the People's Republic of Bangladesh
type: NamedIndividual
type: national government
label: গণপ্রজাতন্ত্রী বাংলাদেশ @bn
definition: unitary dominant-party parliamentary constitutional republic in Southern Asia, bordered by India to the west, north, and east, Myanmar to the southeast, and the Bay of Bengal to the south
governs: Bangladesh
has jurisdiction: jurisdiction of Bangladesh

Government of the Republic of India
type: NamedIndividual
type: federal government
label: Bhārat Gaṇarājya @hi
definition: federal parliamentary constitutional and democratic republic in Southern Asia, bordered by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the northwest; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east
governs: India
has jurisdiction: jurisdiction of India

Government of the Republic of Maldives
type: NamedIndividual
type: national government
label: ދިވެހިރާއްޖެ @dv
definition: unitary presidential republic in Southern Asia, a small archipelagic state situated in the Indian Ocean
governs: Maldives
has jurisdiction: jurisdiction of Maldives

jurisdiction of Afghanistan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Afghanistan, which is the system of courts, including its Supreme Court or Stera Mahkama, that interprets and applies the law in Afghanistan
has reach: Afghanistan
is jurisdiction of: Government of the Islamic Republic of Afghanistan

jurisdiction of Bangladesh
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Bangladesh, which is the system of courts, including its Supreme Court, High Court, and Appellate Divisions, that interprets and applies the law in Bangladesh
has reach: Bangladesh
is jurisdiction of: Government of the People's Republic of Bangladesh

jurisdiction of Bhutan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Bhutan, which is the system of courts that interprets and applies the law in Bhutan
has reach: Bhutan
is jurisdiction of: Government of the Kingdom of Bhutan

jurisdiction of India
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of India, a three-tier unitary independent judiciary comprising the supreme court, headed by the Chief Justice of India, 25 high courts, and a large number of trial courts, which is the system of courts that interprets and applies the law in India
has reach: India
is jurisdiction of: Government of the Republic of India

jurisdiction of Iran
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of India, which is the system of courts that interprets and applies the law in Iran
has reach: Iran
is jurisdiction of: Government of the Islamic Republic of Iran

jurisdiction of Maldives
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Maldives, which is the system of courts that interprets and applies the law in Maldives
has reach: Maldives
is jurisdiction of: Government of the Republic of Maldives

jurisdiction of Nepal
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Nepal, which is the system of courts, including the Supreme Court, that interprets and applies the law in Nepal
has reach: Nepal
is jurisdiction of: Government of the Federal Democratic Republic of Nepal

jurisdiction of Pakistan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Pakistan, which is the system of courts that interprets and applies the law in Pakistan
has reach: Pakistan
is jurisdiction of: Government of the Islamic Republic of Pakistan

jurisdiction of Sri Lanka
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Sri Lanka, which is the system of courts that interprets and applies the law in Sri Lanka
has reach: SriLanka
is jurisdiction of: Government of the Democratic Socialist Republic of Sri Lanka

state of Afghanistan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Afghanistan
has full sovereignty over: Afghanistan
is represented by: Government of the Islamic Republic of Afghanistan

state of Bangladesh
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Bangladesh
has full sovereignty over: Bangladesh
is represented by: Government of the People's Republic of Bangladesh

state of Bhutan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Bhutan
has full sovereignty over: Bhutan
is represented by: Government of the Kingdom of Bhutan

state of India
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is India
has full sovereignty over: India
is represented by: Government of the Republic of India

state of Iran
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Iran
has full sovereignty over: Iran
is represented by: Government of the Islamic Republic of Iran

state of Maldives
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Maldives
has full sovereignty over: Maldives
is represented by: Government of the Republic of Maldives

state of Nepal
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Nepal
has full sovereignty over: Nepal
is represented by: Government of the Federal Democratic Republic of Nepal

state of Pakistan
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Pakistan
has full sovereignty over: Pakistan
is represented by: Government of the Islamic Republic of Pakistan

state of Sri Lanka
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Sri Lanka
has full sovereignty over: SriLanka
is represented by: Government of the Democratic Socialist Republic of Sri Lanka

Government of Georgia
type: NamedIndividual
type: national government
label: საქართველო @ka
definition: unitary parliamentary constitutional republic in Western Asia, bounded to the west by the Black Sea, to the north and east by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan
governs: Georgia
has jurisdiction: jurisdiction of Georgia

Government of the Hashemite Kingdom of Jordan
type: NamedIndividual
type: national government
label: المملكة الأردنية الهاشمية @ar
definition: unitary parliamentary constitutional monarchy in Western Asia, located on the East Bank of the Jordan River, bordered by Saudi Arabia, Iraq, Syria, Israel and Palestine (West Bank)
governs: Jordan
has jurisdiction: jurisdiction of the Hashemite Kingdom of Jordan

Government of the Kingdom of Bahrain
type: NamedIndividual
type: national government
label: مملكة البحرين @ar
definition: unitary constitutional monarchy in Western Asia, comprising a small archipelago made up of 70 natural islands and an additional 33 artificial islands, centered around Bahrain Island, between the Qatari peninsula and the north eastern coast of Saudi Arabia
governs: Bahrain
has jurisdiction: jurisdiction of the Kingdom of Bahrain

Government of the Kingdom of Saudi Arabia
type: NamedIndividual
type: national government
label: ٱلْمَمْلَكَة ٱلْعَرَبِيَّة ٱلسَّعُوْدِيَّة @ar
definition: unitary Islamic absolute monarchy in Western Asia, located on the Arabian Peninsula and bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain, and the United Arab Emirates to the east, Oman to the southeast and Yemen to the south
governs: SaudiArabia
has jurisdiction: jurisdiction of the Kingdom of Saudi Arabia

Government of the Lebanese Republic
type: NamedIndividual
type: national government
label: ٱلْجُمْهُورِيَّةُ ٱللُّبْنَانِيَّةُ @ar
definition: unitary parliamentary confessionalist constitutional republic in Western Asia, bordered by Syria to the north and east and Israel to the south
governs: Lebanon
has jurisdiction: jurisdiction of the Lebanese Republic

Government of the Republic of Armenia
type: NamedIndividual
type: national government
label: Հայաստանի Հանրապետություն @hy
definition: unitary parliamentary democratic republic in Western Asia, bordered by Turkey to the west, Georgia to the north, the Lachin corridor under a Russian peacekeeping force, and Azerbaijan to the east, and Iran and the Azerbaijani exclave of Nakhchivan to the south
governs: Armenia
has jurisdiction: jurisdiction of the Republic of Armenia

Government of the Republic of Azerbaijan
type: NamedIndividual
type: national government
label: Azərbaycan Respublikası @az
definition: unitary semi-presidential republic in Western Asia, bounded by the Caspian Sea to the east, the Russian republic of Dagestan to the north, Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south
governs: Azerbaijan
has jurisdiction: jurisdiction of the Republic of Azerbaijan

Government of the Republic of Cyprus
type: NamedIndividual
type: national government
label: Kıbrıs Cumhuriyeti @tr
label: Κυπριακή Δημοκρατία @el
definition: unitary presidential constitutional republic in Western Asia, an island nation in the eastern Mediterranean Sea located south of Turkey, west of Syria, northwest of Lebanon, Israel and Palestine, north of Egypt, and southeast of Greece
governs: Cyprus
has jurisdiction: jurisdiction of the Republic of Cyprus

Government of the Republic of Iraq
type: NamedIndividual
type: federal government
label: جمهورية العراق @ar
label: کۆماری عێراق @ku
definition: federal parliamentary constitutional republic in Western Asia, bordered by Turkey to the north, Iran to the east, Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest and Syria to the west
governs: Iraq
has jurisdiction: jurisdiction of the Republic of Iraq

Government of the Republic of Turkey
type: NamedIndividual
type: national government
label: Türkiye Cumhuriyeti @tr
definition: unitary presidential constitutional republic in Western Asia, bordered by Greece and Bulgaria to the northwest, the Black Sea to the north, Georgia to the northeast, Armenia, Azerbaijan, and Iran to the east, Iraq to the southeast, Syria and the Mediterranean Sea to the south, and the Aegean Sea to the west
governs: Turkey
has jurisdiction: jurisdiction of the Republic of Turkey

Government of the Republic of Yemen
type: NamedIndividual
type: national government
label: ٱلْجُمْهُورِيَّةُ ٱلْيَمَنِيَّةُ @ar
definition: unitary presidential constitutional republic (de jure) and unitary provisional government (de facto) in Western Asia located at the southern end of the Arabian Peninsula
governs: Yemen
has jurisdiction: jurisdiction of the Republic of Yemen

Government of the State of Israel
type: NamedIndividual
type: national government
label: יִשְׂרָאֵל @he
label: إسرائيل @ar
definition: unitary parliamentary constitutional republic in Western Asia, bordering Lebanon to the north, Syria to the northeast, Jordan on the east, the Palestinian territories of the West Bank and the Gaza Strip to the east and west, respectively, and Egypt to the southwest
governs: Israel
has jurisdiction: jurisdiction of the State of Israel

Government of the State of Kuwait
type: NamedIndividual
type: national government
label: دولة الكويت @ar
definition: unitary constitutional monarchy in Western Asia, located at the tip of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south
governs: Kuwait
has jurisdiction: jurisdiction of the State of Kuwait

Government of the State of Palestine
type: NamedIndividual
type: national government
label: دولة فلسطين @ar
definition: unitary semi-presidential republic that is a de jure sovereign state in Western Asia claiming the West Bank (bordering Israel and Jordan) and Gaza Strip (bordering Israel and Egypt)
governs: Palestine
has jurisdiction: jurisdiction of the State of Palestine

Government of the State of Qatar
type: NamedIndividual
type: national government
label: دولة قطر @ar
definition: unitary semi-constitutional monarchy in Western Asia, occupying the small Qatar Peninsula on the northeastern coast of the Arabian Peninsula and bordered by Saudi Arabia to the south
governs: Qatar
has jurisdiction: jurisdiction of the State of Qatar

Government of the Sultanate of Oman
type: NamedIndividual
type: national government
label: سلطنة عُمان @ar
definition: unitary absolute monarchy located on the southeastern coast of the Arabian Peninsula in Western Asia, bordered by the United Arab Emirates to the northwest, Saudi Arabia to the west, and Yemen to the southwest, and sharing marine borders with Iran and Pakistan
governs: Oman
has jurisdiction: jurisdiction of the Sultanate of Oman

Government of the Syrian Arab Republic
type: NamedIndividual
type: national government
label: ٱلْجُمْهُورِيَّةُ ٱلْعَرَبِيَّةُ ٱلسُّورِيَّةُ @ar
definition: unitary dominant-party semi-presidential Ba'athist republic bordering Lebanon to the southwest, the Mediterranean Sea to the west, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest
governs: SyrianArabRepublic
has jurisdiction: jurisdiction of the Syrian Arab Republic

Government of the United Arab Emirates
type: NamedIndividual
type: federal government
label: الإمارات العربية المتحدة @ar
definition: federal constitutional elective monarchy located at the eastern end of the Arabian Peninsula, bordering Oman and Saudi Arabia, with maritime borders in the Persian Gulf with Qatar and Iran
governs: UnitedArabEmirates
has jurisdiction: jurisdiction of the United Arab Emirates

jurisdiction of Georgia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Georgia, which is the system of courts that interprets and applies the law in Georgia
has reach: Georgia
is jurisdiction of: Government of Georgia

jurisdiction of the Hashemite Kingdom of Jordan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Jordan, which is the system of courts that interprets and applies the law in Jordan
has reach: Jordan
is jurisdiction of: Government of the Hashemite Kingdom of Jordan

jurisdiction of the Kingdom of Bahrain
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Bahrain, which is the system of courts that interprets and applies the law in Bahrain
has reach: Bahrain
is jurisdiction of: Government of the Kingdom of Bahrain

jurisdiction of the Kingdom of Saudi Arabia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Saudi Arabia, which is the system of courts that interprets and applies the law in Saudi Arabia
has reach: SaudiArabia
is jurisdiction of: Government of the Kingdom of Saudi Arabia

jurisdiction of the Lebanese Republic
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Lebanon, which is the system of courts that interprets and applies the law in Lebanon
has reach: Lebanon
is jurisdiction of: Government of the Lebanese Republic

jurisdiction of the Republic of Armenia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Armenia, which is the system of courts that interprets and applies the law in Armenia
has reach: Armenia
is jurisdiction of: Government of the Republic of Armenia

jurisdiction of the Republic of Azerbaijan
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Azerbaijan, which is the system of courts that interprets and applies the law in Azerbaijan
has reach: Azerbaijan
is jurisdiction of: Government of the Republic of Azerbaijan

jurisdiction of the Republic of Cyprus
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Cyprus, which is the system of courts that interprets and applies the law in Cyprus
has reach: Cyprus
is jurisdiction of: Government of the Republic of Cyprus

jurisdiction of the Republic of Iraq
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Iraq, which is the system of courts that interprets and applies the law in Iraq
has reach: Iraq
is jurisdiction of: Government of the Republic of Iraq

jurisdiction of the Republic of Turkey
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Turkey, which is the system of courts, including the Constitutional Court, Council of State, High Court of Appeals, and lower courts, that interprets and applies the law in Turkey
has reach: Turkey
is jurisdiction of: Government of the Republic of Turkey

jurisdiction of the Republic of Yemen
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Yemen, which is the system of courts that interprets and applies the law in Yemen
has reach: Yemen
is jurisdiction of: Government of the Republic of Yemen

jurisdiction of the State of Israel
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Israel, which is the three-tiered system of courts, including the Supreme Court of Israel, that interprets and applies the law in Israel
has reach: Israel
is jurisdiction of: Government of the State of Israel

jurisdiction of the State of Kuwait
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Kuwait, which is the system of courts that interprets and applies the law in Kuwait
has reach: Kuwait
is jurisdiction of: Government of the State of Kuwait

jurisdiction of the State of Palestine
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Palestine, which is the system of courts that interprets and applies the law in Palestine
has reach: Palestine
is jurisdiction of: Government of the State of Palestine

jurisdiction of the State of Qatar
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Qatar, which is the system of courts that interprets and applies the law in Qatar
has reach: Qatar
is jurisdiction of: Government of the State of Qatar

jurisdiction of the Sultanate of Oman
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Oman, which is the system of courts that interprets and applies the law in Oman
has reach: Oman
is jurisdiction of: Government of the Sultanate of Oman

jurisdiction of the Syrian Arab Republic
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Syria, which is the system of courts that interprets and applies the law in Syria
has reach: SyrianArabRepublic
is jurisdiction of: Government of the Syrian Arab Republic

jurisdiction of the United Arab Emirates
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of United Arab Emirates, which is the system of courts, including the Federal Supreme Court of the United Arab Emirates and other lower courts, that interprets and applies the law in United Arab Emirates
has reach: UnitedArabEmirates
is jurisdiction of: Government of the United Arab Emirates

sovereign state of Georgia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Georgia
has full sovereignty over: Georgia
is represented by: Government of Georgia

state of Armenia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Armenia
has full sovereignty over: Armenia
is represented by: Government of the Republic of Armenia

state of Azerbaijan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Azerbaijan
has full sovereignty over: Azerbaijan
is represented by: Government of the Republic of Azerbaijan

state of Bahrain
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Bahrain
has full sovereignty over: Bahrain
is represented by: Government of the Kingdom of Bahrain

state of Cyprus
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Cyprus
has full sovereignty over: Cyprus
is represented by: Government of the Republic of Cyprus

state of Iraq
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Iraq
has full sovereignty over: Iraq
is represented by: Government of the Republic of Iraq

State of Israel
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Israel
has full sovereignty over: Israel
is represented by: Government of the State of Israel

state of Jordan
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Jordan
has full sovereignty over: Jordan
is represented by: Government of the Hashemite Kingdom of Jordan

State of Kuwait
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Kuwait
has full sovereignty over: Kuwait
is represented by: Government of the State of Kuwait

State of Lebanon
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Lebanon
has full sovereignty over: Lebanon
is represented by: Government of the Lebanese Republic

State of Oman
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Oman
has full sovereignty over: Oman
is represented by: Government of the Sultanate of Oman

State of Palestine
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Palestine
has full sovereignty over: Palestine
is represented by: Government of the State of Palestine

State of Qatar
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Qatar
has full sovereignty over: Qatar
is represented by: Government of the State of Qatar

State of Saudi Arabia
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Saudi Arabia
has full sovereignty over: SaudiArabia
is represented by: Government of the Kingdom of Saudi Arabia

State of Syria
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Syria
has full sovereignty over: SyrianArabRepublic
is represented by: Government of the Syrian Arab Republic

State of Turkey
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Turkey
has full sovereignty over: Turkey
is represented by: Government of the Republic of Turkey

State of United Arab Emirates
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is the United Arab Emirates
has full sovereignty over: UnitedArabEmirates
is represented by: Government of the United Arab Emirates

State of Yemen
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Yemen
has full sovereignty over: Yemen
is represented by: Government of the Republic of Yemen

European Union entity
type: NamedIndividual
type: supranational entity
definition: individual representing the federated sovereignty and polity that is the European Union
has shared sovereignty over: Austria
has shared sovereignty over: Belgium
has shared sovereignty over: Bulgaria
has shared sovereignty over: Croatia
has shared sovereignty over: Cyprus
has shared sovereignty over: Czechia
has shared sovereignty over: Denmark
has shared sovereignty over: Estonia
has shared sovereignty over: Finland
has shared sovereignty over: France
has shared sovereignty over: Germany
has shared sovereignty over: Greece
has shared sovereignty over: Hungary
has shared sovereignty over: Ireland
has shared sovereignty over: Italy
has shared sovereignty over: Latvia
has shared sovereignty over: Lithuania
has shared sovereignty over: Luxembourg
has shared sovereignty over: Malta
has shared sovereignty over: Netherlands
has shared sovereignty over: Poland
has shared sovereignty over: Portugal
has shared sovereignty over: Romania
has shared sovereignty over: Slovakia
has shared sovereignty over: Slovenia
has shared sovereignty over: Spain
has shared sovereignty over: Sweden
is represented by: Government of the European Union

European Union jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the European Union, namely, that of the Court of Justice of the EU and Court of Auditors of the EU
adapted from: https://europa.eu/european-union/about-eu/countries_en
has reach: Austria
has reach: Belgium
has reach: Bulgaria
has reach: Croatia
has reach: Cyprus
has reach: Czechia
has reach: Denmark
has reach: Estonia
has reach: Finland
has reach: France
has reach: Germany
has reach: Greece
has reach: Hungary
has reach: Ireland
has reach: Italy
has reach: Latvia
has reach: Lithuania
has reach: Luxembourg
has reach: Malta
has reach: Netherlands
has reach: Poland
has reach: Portugal
has reach: Romania
has reach: Slovakia
has reach: Slovenia
has reach: Spain
has reach: Sweden
is jurisdiction of: Government of the European Union

Government of the European Union
type: NamedIndividual
type: government
definition: individual representing the parliament, council, and other institutions that comprise the government of the European Union
adapted from: https://europa.eu/european-union/about-eu/countries_en
explanatory note: In the EU's unique institutional set-up: - the EU's broad priorities are set by the European Council, which brings together national and EU-level leaders directly elected MEPs represent European citizens in the European Parliament - the interests of the EU as a whole are promoted by the European Commission, whose members are appointed by national governments - governments defend their own country's national interests in the Council of the European Union.
governs: Austria
governs: Belgium
governs: Bulgaria
governs: Croatia
governs: Cyprus
governs: Czechia
governs: Denmark
governs: Estonia
governs: Finland
governs: France
governs: Germany
governs: Greece
governs: Hungary
governs: Ireland
governs: Italy
governs: Latvia
governs: Lithuania
governs: Luxembourg
governs: Malta
governs: Netherlands
governs: Poland
governs: Portugal
governs: Romania
governs: Slovakia
governs: Slovenia
governs: Spain
governs: Sweden
has jurisdiction: European Union jurisdiction

Belarusian entity
type: NamedIndividual
type: sovereign state
label: Беларускае ўтварэнне @be
label: Белорусское предприятие @ru
definition: sovereign state and polity that is Belarus
has full sovereignty over: Belarus
is represented by: Government of the Republic of Belarus

Bulgarian entity
type: NamedIndividual
type: sovereign state
label: Българско образувание @bg
definition: sovereign state and polity that is Bulgaria
has full sovereignty over: Bulgaria
is represented by: Government of the Republic of Bulgaria

Czech entity
type: NamedIndividual
type: sovereign state
label: Český subjekt @cs
definition: sovereign state and polity that is Czechia
has full sovereignty over: Czechia
is represented by: Government of the Czech Republic

Government of Hungary
type: NamedIndividual
type: national government
label: Magyarország kormánya @hu
definition: unitary, dominant-party, parliamentary republic, bordering Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and Slovenia to the southwest, and Austria to the west
governs: Hungary
has jurisdiction: jurisdiction of Hungary

Government of Romania
type: NamedIndividual
type: national government
label: Guvernul României @ro
definition: unitary, semi-presidential republic at the crossroads of Central, Eastern, and Southeastern Europe, bordering Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east
governs: Romania
has jurisdiction: jurisdiction of Romania

Government of the Czech Republic
type: NamedIndividual
type: national government
label: Vláda České republiky @cs
definition: unitary, parliamentary, constitutional republic and multi-party, representative democracy, with the president as head of state and prime minister as head of government, that is a landlocked country in Central Europe bordered by Austria to the south, Germany to the west, Poland to the northeast and Slovakia to the southeast
governs: Czechia
has jurisdiction: jurisdiction of Czechia

Government of the Republic of Belarus
type: NamedIndividual
type: national government
label: Правительство Республики Беларусь @ru
label: Урад Рэспублікі Беларусь @be
definition: unitary presidential republic, a landlocked country in Eastern Europe bordered by Russia to the northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest
governs: Belarus
has jurisdiction: jurisdiction of Belarus

Government of the Republic of Bulgaria
type: NamedIndividual
type: national government
label: Правителство на Република България @bg
definition: unitary parliamentary democracy where the prime minister is the head of government, located in Southeastern Europe bordered by Romania to the north, Serbia and North Macedonia to the west, Greece and Turkey to the south, and the Black Sea to the east
governs: Bulgaria
has jurisdiction: jurisdiction of Bulgaria

Government of the Republic of Moldova
type: NamedIndividual
type: national government
label: Guvernul Republicii Moldova @ro
definition: unitary parliamentary constitutional republic that is a landlocked country in Eastern Europe, bordered by Romania to the west and Ukraine to the north, east, and south
governs: Moldova
has jurisdiction: jurisdiction of Moldova

Government of the Republic of Poland
type: NamedIndividual
type: national government
label: Rząd Rzeczpospolita Polska @pl
definition: unitary, semi-presidential, constitutional, and representative democratic republic located in Central Europe and bordered by the Baltic Sea, Lithuania, and Russia's Kaliningrad Oblast to the north, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west
governs: Poland
has jurisdiction: jurisdiction of Poland

Government of the Russian Federation
type: NamedIndividual
type: federal government
label: Правительство Российской Федерации @ru
definition: federal, dominant-party and semi-presidential constitutional republic located in Eastern Europe and Northern Asia
governs: RussianFederation
has jurisdiction: jurisdiction of Russian Federation

Government of the Slovak Republic
type: NamedIndividual
type: national government
label: Vláda Slovenskej republiky @sk
definition: unitary, parliamentary democratic republic that is a landlocked country in Central Europe, bordered by Poland to the north, Ukraine to the east, Hungary to the south, Austria to the southwest, and Czech Republic to the northwest
governs: Slovakia
has jurisdiction: jurisdiction of Slovakia

Government of Ukraine
type: NamedIndividual
type: national government
label: Уряд України @uk
definition: unitary, mixed semi-parliamentary and semi-presidential, constitutional republic located in Eastern Europe, bordered by Russia to the north-east; Belarus to the north; Poland, Slovakia and Hungary to the west; and Romania, Moldova, and the Black Sea to the south
governs: Ukraine
has jurisdiction: jurisdiction of Ukraine

Hungarian entity
type: NamedIndividual
type: sovereign state
label: Magyar entitás @hu
definition: sovereign state and polity that is Hungary
has full sovereignty over: Hungary
is represented by: Government of Hungary

jurisdiction of Belarus
type: NamedIndividual
type: Jurisdiction
label: юрисдикция Беларуси
label: юрысдыкцыя Беларусі @be
definition: jurisdiction of the judiciary of Belarus, consisting of the Supreme Court and specialized courts such as the Constitutional Court, which deals with specific issues related to constitutional and business law
has reach: Belarus
is jurisdiction of: Government of the Republic of Belarus

jurisdiction of Bulgaria
type: NamedIndividual
type: Jurisdiction
label: юрисдикция на България @bg
definition: jurisdiction of the judiciary of Bulgaria, a civil law legal system under the Ministry of Justice, including the Supreme Administrative Court and the Supreme Court of Cassation, which are the highest courts of appeal and oversee the application of laws in subordinate courts
has reach: Bulgaria
is jurisdiction of: Government of the Republic of Bulgaria

jurisdiction of Czechia
type: NamedIndividual
type: Jurisdiction
label: jurisdikce česka @cs
definition: jurisdiction of the judiciary of the Czech Republic, a civil law system grounded in the Constitution of the Czech Republic, including the Constitutional Court, Supreme Court, and Supreme Administrative Court, as well as district and county courts that are divided into civil, criminal, and administrative branches
has reach: Czechia
is jurisdiction of: Government of the Czech Republic

jurisdiction of Hungary
type: NamedIndividual
type: Jurisdiction
label: Magyarország joghatósága @hu
definition: jurisdiction of the judiciary of Hungary, a civil law system based primarily on German that is divided between courts with regular civil and criminal jurisdiction and administrative courts, including local courts, regional appellate courts, and the supreme court
has reach: Hungary
is jurisdiction of: Government of Hungary

jurisdiction of Moldova
type: NamedIndividual
type: Jurisdiction
label: jurisdicția Moldovei @ro
definition: jurisdiction of the judiciary of Moldova, which is the system of courts that interprets and applies the law in Moldova, including an independent Constitutional Court
has reach: Moldova
is jurisdiction of: Government of the Republic of Moldova

jurisdiction of Poland
type: NamedIndividual
type: Jurisdiction
label: jurysdykcja Polski @pl
definition: jurisdiction of the judiciary of Poland, a four-tier court system composed of the Supreme Court, the Supreme Administrative Court, Common Courts (District, Regional, Appellate) and the Military Court
has reach: Poland
is jurisdiction of: Government of the Republic of Poland

jurisdiction of Romania
type: NamedIndividual
type: Jurisdiction
label: jurisdicția României @ro
definition: jurisdiction of the judiciary of Romania, a civil law system influenced by the French system that is a hierarchical system of courts with the High Court of Cassation and Justice being the supreme court of Romania, and includes courts of appeal, county courts and local courts
has reach: Romania
is jurisdiction of: Government of Romania

jurisdiction of Russian Federation
type: NamedIndividual
type: Jurisdiction
label: юрисдикция Российской Федерации @ru
definition: jurisdiction of the judiciary of Russian Federation, which is the system of courts that interprets and applies the law in the Russian Federation, including Constitutional Court, Supreme Court and lower federal courts, whose judges are appointed by the Federation Council on the recommendation of the President
has reach: RussianFederation
is jurisdiction of: Government of the Russian Federation

jurisdiction of Slovakia
type: NamedIndividual
type: Jurisdiction
label: jurisdikcia Slovenska @sk
definition: jurisdiction of the judiciary of the Slovak Republic, which is the system of courts that interprets and applies the law in Slovakia, whose highest judicial body is the Constitutional Court of Slovakia, which rules on constitutional issues
has reach: Slovakia
is jurisdiction of: Government of the Slovak Republic

jurisdiction of Ukraine
type: NamedIndividual
type: Jurisdiction
label: юрисдикція України @uk
definition: jurisdiction of the judiciary of Ukraine, which is the system of courts that interprets and applies the law in Ukraine, including the Supreme Court of Ukraine, which is the highest judicial body in the system of courts of general jurisdiction in Ukraine
has reach: Ukraine
is jurisdiction of: Government of Ukraine

Moldovan entity
type: NamedIndividual
type: sovereign state
label: Entitate moldovenească @ro
definition: sovereign state and polity that is Moldova
has full sovereignty over: Moldova
is represented by: Government of the Republic of Moldova

Polish entity
type: NamedIndividual
type: sovereign state
label: Podmiot polski @pl
definition: sovereign state and polity that is Poland
has full sovereignty over: Poland
is represented by: Government of the Republic of Poland

Romanian entity
type: NamedIndividual
type: sovereign state
label: Entitate românească @ro
definition: sovereign state and polity that is Romania
has full sovereignty over: Romania
is represented by: Government of Romania

Russian entity
type: NamedIndividual
type: federated sovereignty
label: Российское предприятие @ru
definition: federated sovereignty and polity that is the Russian Federation
has full sovereignty over: RussianFederation
is represented by: Government of the Russian Federation

Slovak entity
type: NamedIndividual
type: sovereign state
label: Slovenský subjekt @sk
definition: sovereign state and polity that is Slovakia
has full sovereignty over: Slovakia
is represented by: Government of the Slovak Republic

Ukrainian entity
type: NamedIndividual
type: sovereign state
label: Українське утворення @uk
definition: sovereign state and polity that is Ukraine
has full sovereignty over: Ukraine
is represented by: Government of Ukraine

Aland Islands jurisdiction
type: NamedIndividual
type: Jurisdiction
label: Ahvenanmaan lainkäyttöalue @fi
label: Ålandöarnas jurisdiktion @sv
definition: jurisdiction of the Aland District Court, which deals with criminal cases, civil cases and petitionary matters in first instance, with escalation to the appellate level in Finland as needed
synonym: Ålands tingsrätt @fi
has reach: AlandIslands
is jurisdiction of: Government of Aland

Alandic entity
type: NamedIndividual
type: regional sovereignty
label: Ahvenanmaan kokonaisuus @fi
label: Ålandisk enhet @sv
definition: regional sovereignty and polity that is Aland
has shared sovereignty over: AlandIslands
is represented by: Government of Aland

Danish entity
type: NamedIndividual
type: sovereign state
label: Dansk enhed @da
definition: sovereign state and polity that is Denmark
has full sovereignty over: Denmark
has shared sovereignty over: FaroeIslands
has shared sovereignty over: Greenland
is represented by: Government of the Kingdom of Denmark

Estonian entity
type: NamedIndividual
type: sovereign state
label: Eesti üksus @et
definition: sovereign state and polity that is Estonia
has full sovereignty over: Estonia
is represented by: Government of the Republic of Estonia

Finnish entity
type: NamedIndividual
type: sovereign state
label: Suomen entiteetti @fi
definition: sovereign state and polity that is Finland
has full sovereignty over: Finland
has shared sovereignty over: AlandIslands
is represented by: Government of the Republic of Finland

Government of Aland
type: NamedIndividual
type: regional government
label: Ahvenanmaan hallitus @fi
label: Ålands regering @sv
definition: regional government of the Aland Islands, an archipelago province at the entrance to the Gulf of Bothnia in the Baltic Sea belonging to Finland
explanatory note: The Aland Islands are governed according to the Act on the Autonomy of Aland and international treaties. These laws guarantee the islands' autonomy from Finland, which has ultimate sovereignty over them, as well as a demilitarised status. The Government of Aland answers to the Parliament of Aland, in accordance with the principles of parliamentarism.
governs: AlandIslands
has jurisdiction: Aland Islands jurisdiction

Government of Iceland
type: NamedIndividual
type: national government
label: Ríkisstjórn Íslands @is
definition: unitary parliamentary republic and representative democracy, that is a Nordic island country in the North Atlantic
governs: Iceland
has jurisdiction: jurisdiction of Iceland

Government of the Kingdom of Denmark
type: NamedIndividual
type: national government
label: Kongeriget Danmarks regering @da
definition: unitary constitutional monarchy and parliamentary democracy, with the monarch as the official head of government, that includes the southernmost of the Scandinavian countries, consisting of a peninsula, Jutland, and an archipelago of 443 named islands
synonym: Danish government
synonym: Danmarks regering @da
governs: Denmark
has jurisdiction: jurisdiction of Denmark

Government of the Kingdom of Norway
type: NamedIndividual
type: national government
label: Kongeriket Norges regjering @no
definition: unitary constitutional monarchy and parliamentary democracy, wherein the monarch is the head of state and the prime minister is the head of government, whose mainland comprises the western and northernmost portion of the Scandinavian Peninsula and includes the remote island of Jan Mayen as well as the archipelago of Svalbard
governs: Norway
has jurisdiction: jurisdiction of Norway

Government of the Kingdom of Sweden
type: NamedIndividual
type: national government
label: Konungariket Sveriges regering @sv
definition: constitutional monarchy and parliamentary democracy, with a largely ceremonial and representative monarch as head of state, located in Scandinavia between the North Atlantic, the Baltic Sea and Eurasian Russia
governs: Sweden
has jurisdiction: jurisdiction of Sweden

Government of the Republic of Estonia
type: NamedIndividual
type: national government
label: Eesti Vabariigi valitsus @et
definition: democratic unitary parliamentary republic divided into fifteen counties, located on the eastern coast of the Baltic Sea in Northern Europe
governs: Estonia
has jurisdiction: jurisdiction of Estonia

Government of the Republic of Finland
type: NamedIndividual
type: national government
label: Suomen tasavallan hallitus @fi
definition: parliamentary republic within the framework of a representative democracy comprised of 19 regions and 310 municipalities, located in the Nordic region of Europe
governs: Finland
has jurisdiction: jurisdiction of Finland

Government of the Republic of Ireland
type: NamedIndividual
type: national government
label: Rialtas Phoblacht na hÉireann @ga
definition: parliamentary, representative democratic republic, based on the British model, that is an independent state and member of the European Union, which covers five-sixths of the island of Ireland in the North Atlantic
governs: Ireland
has jurisdiction: jurisdiction of Ireland

Government of the Republic of Latvia
type: NamedIndividual
type: national government
label: Latvijas Republikas valdība @lv
definition: unitary, parliamentary, constitutional republic located in the Baltic region of Northern Europe
governs: Latvia
has jurisdiction: jurisdiction of Latvia

Government of the Republic of Lithuania
type: NamedIndividual
type: national government
label: Lietuvos Respublikos Vyriausybė @lt
definition: unitary semi-presidential republic situated along the southeastern shore of the Baltic Sea, to the southeast of Sweden and Denmark
governs: Lithuania
has jurisdiction: jurisdiction of Lithuania

Icelandic entity
type: NamedIndividual
type: sovereign state
label: Íslensk eining @is
definition: sovereign state and polity that is Iceland
has full sovereignty over: Iceland
is represented by: Government of Iceland

Irish entity
type: NamedIndividual
type: sovereign state
label: Aonán Éireannach @ga
definition: sovereign state and polity that is Ireland
has full sovereignty over: Ireland
is represented by: Government of the Republic of Ireland

jurisdiction of Denmark
type: NamedIndividual
type: Jurisdiction
label: Danmarks jurisdiktion @da
definition: jurisdiction of the judiciary of Denmark, a civil law system with some references to Germanic law that was substantially reformed in 2007
has reach: Denmark
is jurisdiction of: Government of the Kingdom of Denmark

jurisdiction of Estonia
type: NamedIndividual
type: Jurisdiction
label: Eesti jurisdiktsioon @et
definition: jurisdiction of the judiciary of Estonia, a civil law legal system based on the Germanic legal model, whose Supreme Court is the court of cassation, which also conducts constitutional review
has reach: Estonia
is jurisdiction of: Government of the Republic of Estonia

jurisdiction of Finland
type: NamedIndividual
type: Jurisdiction
label: Suomen lainkäyttövaltaan @fi
definition: jurisdiction of the judiciary of Finland, a civil law system divided between courts with regular civil and criminal jurisdiction and administrative courts with jurisdiction over litigation between individuals and the public administration
has reach: Finland
is jurisdiction of: Government of the Republic of Finland

jurisdiction of Iceland
type: NamedIndividual
type: Jurisdiction
label: lögsögu Íslands @is
definition: jurisdiction of the judiciary of Finland, a three-tier civil law system whose highest court is the Supreme Court of Iceland
has reach: Iceland
is jurisdiction of: Government of Iceland

jurisdiction of Ireland
type: NamedIndividual
type: Jurisdiction
label: dlínse na hÉireann @ga
definition: jurisdiction of the judiciary of Ireland, which is the system of courts that interprets and applies the law in Ireland
has reach: Ireland
is jurisdiction of: Government of the Republic of Ireland

jurisdiction of Latvia
type: NamedIndividual
type: Jurisdiction
label: Latvijas jurisdikcija @lv
definition: jurisdiction of the judiciary of Latvia, which is the system of courts that interprets and applies the law in Latvia
has reach: Latvia
is jurisdiction of: Government of the Republic of Latvia

jurisdiction of Lithuania
type: NamedIndividual
type: Jurisdiction
label: Lietuvos jurisdikcija @lt
definition: jurisdiction of the judiciary of Lithuania, whose highest court is the Constitutional Court (Konstitucinis Teismas), but the general jurisdiction dealing with civil and criminal cases includes the Supreme Court of Lithuania, the Court of Appeal of Lithuania, regional courts, and district courts
has reach: Lithuania
is jurisdiction of: Government of the Republic of Lithuania

jurisdiction of Norway
type: NamedIndividual
type: Jurisdiction
label: jurisdiksjon av Norge @no
definition: jurisdiction of the judiciary system in Norway, a civil law system where laws are created and amended in parliament and the system regulated through the Courts of Justice of Norway
has reach: Norway
is jurisdiction of: Government of the Kingdom of Norway

jurisdiction of Sweden
type: NamedIndividual
type: Jurisdiction
label: Sveriges jurisdiktion @sv
definition: jurisdiction of the judiciary system in Sweden, which is part of the Ministry of Justice, whose courts are divided into two parallel and separate systems - general courts (allmänna domstolar) for criminal and civil cases, and general administrative courts (allmänna förvaltningsdomstolar) for cases relating to disputes between private persons and the authorities
has reach: Sweden
is jurisdiction of: Government of the Kingdom of Sweden

Latvian entity
type: NamedIndividual
type: sovereign state
label: Latvijas vienība @lv
definition: sovereign state and polity that is Latvia
has full sovereignty over: Latvia
is represented by: Government of the Republic of Latvia

Lithuanian entity
type: NamedIndividual
type: sovereign state
label: Lietuvos subjektas @lt
definition: sovereign state and polity that is Lithuania
has full sovereignty over: Lithuania
is represented by: Government of the Republic of Lithuania

Norwegian entity
type: NamedIndividual
type: sovereign state
label: Norsk enhet @no
definition: sovereign state and polity that is Norway
has full sovereignty over: BouvetIsland
has full sovereignty over: Norway
has full sovereignty over: SvalbardAndJanMayen
is represented by: Government of the Kingdom of Norway

Swedish entity
type: NamedIndividual
type: sovereign state
label: Svensk enhet @sv
definition: sovereign state and polity that is Sweden
has full sovereignty over: Sweden
is represented by: Government of the Kingdom of Sweden

Albanian entity
type: NamedIndividual
type: sovereign state
label: Entiteti shqiptar @sq
definition: sovereign state and polity that is Albania
has full sovereignty over: Albania
is represented by: Government of the Republic of Albania

Andorran entity
type: NamedIndividual
type: sovereign state
label: Entitat andorrana @ca
definition: sovereign state and polity that is Andorra
has full sovereignty over: Andorra
is represented by: Government of the Principality of Andorra

Bosnian and Herzegovinian entity
type: NamedIndividual
type: federated sovereignty
label: Bosanskohercegovački entitet @bs
label: Босанскохерцеговачки ентитет @sr
definition: federal sovereignty state and polity that is Bosnia and Herzegovina
has full sovereignty over: BosniaAndHerzegovina
is represented by: Government of the Federation of Bosnia and Herzegovina

Croatian entity
type: NamedIndividual
type: sovereign state
label: Hrvatski entitet @hr
definition: sovereign state and polity that is Croatia
has full sovereignty over: Croatia
is represented by: Government of the Republic of Croatia

Government of Montenegro
type: NamedIndividual
type: national government
definition: unitary, dominant-party, parliamentary constitutional republic that is located in South and Southeast Europe on the coast of the Balkans
governs: Montenegro
has jurisdiction: jurisdiction of Montenegro

Government of the Federation of Bosnia and Herzegovina
type: NamedIndividual
type: federal government
label: Vlada Federacije Bosne i Hercegovine @bs
label: Влада Федерације Босне и Херцеговине @sr
definition: federal parliamentary constitutional republic that is a representative democracy, located in South and Southeast Europe, within the Balkans
governs: BosniaAndHerzegovina
has jurisdiction: jurisdiction of Bosnia and Herzegovina

Government of the Hellenic Republic
type: NamedIndividual
type: national government
label: Κυβέρνηση της Ελληνικής Δημοκρατίας @el
definition: unitary parliamentary republic, located on the Balkan Peninsula in Southeast Europe
governs: Greece
has jurisdiction: jurisdiction of Greece

Government of the Holy See
type: NamedIndividual
type: national government
label: Governo della Santa Sede @it
label: Imperium in Consiliis Sanctae Sedis @la
definition: unitary Christian absolute monarchy (under an ecclesiastical and elective theocracy), headquartered in, operates from, and exercises 'exclusive dominion' over the independent Vatican City State enclave in Rome, of which the pope is sovereign, administered by the Roman Curia
synonym: Government of the See of Rome
governs: HolySee
has jurisdiction: jurisdiction of the Holy See

Government of the Kingdom of Spain
type: NamedIndividual
type: national government
label: Gobierno del Reino de España @es
definition: unitary parliamentary constitutional monarchy, whose monarch is the head of state and prime minister is the head of government, located in Southwestern Europe with some pockets of territory across the Strait of Gibraltar and the Atlantic Ocean
governs: Spain
has jurisdiction: jurisdiction of Spain

Government of the Portuguese Republic
type: NamedIndividual
type: national government
label: Governo da República Portuguesa @pt
definition: unitary, semi-presidential, constitutional, representative democratic republic, located mostly on the Iberian Peninsula, in southwestern Europe
governs: Portugal
has jurisdiction: jurisdiction of Portugal

Government of the Principality of Andorra
type: NamedIndividual
type: national government
label: Govern del Principat d’Andorra @ca
definition: unitary parliamentary semi-elective diarchy, a sovereign landlocked microstate on the Iberian Peninsula, in the eastern Pyrenees, bordered by France to the north and Spain to the south
governs: Andorra
has jurisdiction: jurisdiction of Andorra

Government of the Republic of Albania
type: NamedIndividual
type: national government
label: Qeveria e Republikës së Shqipërisë @sq
definition: unitary parliamentary constitutional republic, located in Southeast Europe on the Adriatic and Ionian Sea within the Mediterranean Sea
governs: Albania
has jurisdiction: jurisdiction of Albania

Government of the Republic of Croatia
type: NamedIndividual
type: national government
label: Vlada Republike Hrvatske @hr
definition: unitary parliamentary constitutional republic, located in Southeast Europe, bordering Slovenia to the northwest, Hungary to the northeast, Serbia to the east, Bosnia and Herzegovina, and Montenegro to the southeast, sharing a maritime border with Italy
governs: Croatia
has jurisdiction: jurisdiction of Croatia

Government of the Republic of Italy
type: NamedIndividual
type: national government
label: Governo della Repubblica Italiana @it
definition: unitary parliamentary, constitutional, democratic republic, consisting of a peninsula bordering the Alps and surrounded by several islands, located in south-central Europe
governs: Italy
has jurisdiction: jurisdiction of Italy

Government of the Republic of Malta
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional republic modelled on the Westminster system that is a Southern European island country consisting of an archipelago in the Mediterranean Sea
governs: Malta
has jurisdiction: jurisdiction of Malta

Government of the Republic of North Macedonia
type: NamedIndividual
type: national government
label: Влада на Република Северна Македонија @mk
definition: unitary parliamentary, constitutional, democratic republic, located in the Balkan Peninsula in Southeast Europe
governs: NorthMacedonia
has jurisdiction: jurisdiction of North Macedonia

Government of the Republic of San Marino
type: NamedIndividual
type: national government
label: Governo della Repubblica di San Marino @it
definition: unitary parliamentary, diarchic, directorial republic that is a microstate in Southern Europe, completely surrounded by Italy, located on the northeastern side of the Apennine Mountains
governs: SanMarino
has jurisdiction: jurisdiction of San Marino

Government of the Republic of Serbia
type: NamedIndividual
type: national government
label: Влада Републике Србије @sr
definition: unitary, dominant-party, parliamentary constitutional republic that is situated at the crossroads of Central and Southeast Europe in the southern Pannonian Plain and the central Balkans
governs: Serbia
has jurisdiction: jurisdiction of Serbia

Government of the Republic of Slovenia
type: NamedIndividual
type: national government
label: Vlada Republike Slovenije @sl
definition: unitary, parliamentary constitutional republic bordered by Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the southeast, and the Adriatic Sea to the southwest
governs: Slovenia
has jurisdiction: jurisdiction of Slovenia

Greek entity
type: NamedIndividual
type: sovereign state
label: Ελληνική οντότητα @el
definition: sovereign state and polity that is Greece
has full sovereignty over: Greece
is represented by: Government of the Hellenic Republic

Holy See entity
type: NamedIndividual
type: sovereign state
label: Entità della Santa Sede @it
definition: sovereign state and polity that is the Holy See
has full sovereignty over: HolySee
is represented by: Government of the Holy See

Italian entity
type: NamedIndividual
type: sovereign state
label: Ente italiano @it
definition: sovereign state and polity that is Italy
has full sovereignty over: Italy
is represented by: Government of the Republic of Italy

jurisdiction of Albania
type: NamedIndividual
type: Jurisdiction
label: juridiksioni i Shqipërisë @sq
definition: jurisdiction of the judiciary of Albania, a system of courts that includes the supreme court, constitutional court, appeal court and administrative court, and whose Supreme Court of the Republic of Albania is the highest court and is the final court of appeal
has reach: Albania
is jurisdiction of: Government of the Republic of Albania

jurisdiction of Andorra
type: NamedIndividual
type: Jurisdiction
label: jurisdicció d’Andorra @ca
definition: jurisdiction of the judiciary of Andorra, composed of the Magistrates Court, the Criminal Law Court, the High Court of Andorra, and the Constitutional Court
has reach: Andorra
is jurisdiction of: Government of the Principality of Andorra

jurisdiction of Bosnia and Herzegovina
type: NamedIndividual
type: Jurisdiction
label: nadležnost Bosne i Hercegovine @bs
label: надлежност Босне и Херцеговине @sr
definition: jurisdiction of the judiciary of Bosnia and Herzegovina, whose Constitutional Court of Bosnia and Herzegovina is the supreme, final arbiter of legal matters
has reach: BosniaAndHerzegovina
is jurisdiction of: Government of the Federation of Bosnia and Herzegovina

jurisdiction of Croatia
type: NamedIndividual
type: Jurisdiction
label: nadležnost Hrvatske @hr
definition: jurisdiction of the judiciary of Croatia, a civil law legal system in which law arises primarily from written statutes, influenced by German and Austrian legal systems, whose national courts include the Constitutional Court, which oversees violations of the Constitution, and the Supreme Court, which is the highest court of appeal
has reach: Croatia
is jurisdiction of: Government of the Republic of Croatia

jurisdiction of Greece
type: NamedIndividual
type: Jurisdiction
label: δικαιοδοσία της Ελλάδας @el
definition: jurisdiction of the judiciary of the Hellenic Republic, whose supreme courts include the Court of Cassation, the Council of State and the Court of Auditors
has reach: Greece
is jurisdiction of: Government of the Hellenic Republic

jurisdiction of Italy
type: NamedIndividual
type: Jurisdiction
label: giurisdizione dell'Italia @it
definition: jurisdiction of the judiciary of Italy, a system of courts that is based on Roman law modified by the Napoleonic code and later statutes, comprising the Supreme Court of Cassation, the highest court in Italy for both criminal and civil appeal cases, and the Constitutional Court of Italy (Corte Costituzionale)
has reach: Italy
is jurisdiction of: Government of the Republic of Italy

jurisdiction of Malta
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Malta, which is based partially on English law and partly on Continental law, that interprets and applies the laws of Malta to ensure equal justice under law, and to provide a mechanism for dispute resolution
has reach: Malta
is jurisdiction of: Government of the Republic of Malta

jurisdiction of Montenegro
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Montenegro, that interprets and applies the laws of Montenegro, and has been working with the European Union over the last several years to increase judicial independence and accountability
has reach: Montenegro
is jurisdiction of: Government of Montenegro

jurisdiction of North Macedonia
type: NamedIndividual
type: Jurisdiction
label: јурисдикција на Северна Македонија @mk
definition: jurisdiction of the judiciary of North Macedonia, an independent judicial branch that includes a constitutional court
has reach: NorthMacedonia
is jurisdiction of: Government of the Republic of North Macedonia

jurisdiction of Portugal
type: NamedIndividual
type: Jurisdiction
label: jurisdição de portugal @pt
definition: jurisdiction of the judiciary of Portugal, a system of courts that together constitute one of the four organs of Sovereignty as defined by the Portuguese Constitution
has reach: Portugal
is jurisdiction of: Government of the Portuguese Republic

jurisdiction of San Marino
type: NamedIndividual
type: Jurisdiction
label: giurisdizione di San Marino @it
definition: jurisdiction of the judiciary of San Marino, including the Council of Twelve, which forms the judicial branch during the period of legislature of the Council
has reach: SanMarino
is jurisdiction of: Government of the Republic of San Marino

jurisdiction of Serbia
type: NamedIndividual
type: Jurisdiction
label: надлежност Србије @sr
definition: jurisdiction of the judiciary of Serbia, a three-tiered judicial system that includes the Supreme Court of Cassation as the court of the last resort, Courts of Appeal as the appellate instance, and Basic and High courts as the general jurisdictions at first instance
has reach: Serbia
is jurisdiction of: Government of the Republic of Serbia

jurisdiction of Slovenia
type: NamedIndividual
type: Jurisdiction
label: pristojnost Slovenije @sl
definition: jurisdiction of the judiciary of Slovenia, a system of courts with general responsibilities and specialised courts that deal with matters relating to specific legal areas, including a Constitutional Court at the highest level
has reach: Slovenia
is jurisdiction of: Government of the Republic of Slovenia

jurisdiction of Spain
type: NamedIndividual
type: Jurisdiction
label: jurisdicción de España @es
definition: jurisdiction of judiciary of Spain, a system of courts that includes senior judges - the President and judges of the Constitutional Court (the highest tribunal in the Kingdom) - that interprets and applies the law in Spain
has reach: Spain
is jurisdiction of: Government of the Kingdom of Spain

jurisdiction of the Holy See
type: NamedIndividual
type: Jurisdiction
label: giurisdizione della Santa Sede @it
label: ius proprium Sanctae Sedis @la
definition: jurisdiction of the Bishop of Rome, known as the pope, which includes the apostolic episcopal see of the Diocese of Rome with universal ecclesiastical jurisdiction of the worldwide Catholic Church, as well as a sovereign entity of international law, governing the Vatican City
has reach: HolySee
is jurisdiction of: Government of the Holy See

Maltese entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Malta
has full sovereignty over: Malta
is represented by: Government of the Republic of Malta

Montenegrin entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Montenegro
has full sovereignty over: Montenegro
is represented by: Government of Montenegro

North Macedonian entity
type: NamedIndividual
type: sovereign state
label: Северномакедонски субјект @mk
definition: sovereign state and polity that is North Macedonia
has full sovereignty over: NorthMacedonia
is represented by: Government of the Republic of North Macedonia

Portuguese entity
type: NamedIndividual
type: sovereign state
label: Entidade portuguesa @pt
definition: sovereign state and polity that is Portugal
has full sovereignty over: Portugal
is represented by: Government of the Portuguese Republic

Sammarinese entity
type: NamedIndividual
type: sovereign state
label: Ente sammarinese @it
definition: sovereign state and polity that is San Marino
has full sovereignty over: SanMarino
is represented by: Government of the Republic of San Marino

Serbian entity
type: NamedIndividual
type: sovereign state
label: Српски ентитет @sr
definition: sovereign state and polity that is Serbia
has full sovereignty over: Serbia
is represented by: Government of the Republic of Serbia

Slovene entity
type: NamedIndividual
type: sovereign state
label: Slovenska entiteta @sl
definition: sovereign state and polity that is Slovenia
has full sovereignty over: Slovenia
is represented by: Government of the Republic of Slovenia

Spanish entity
type: NamedIndividual
type: sovereign state
label: Entidad española @es
definition: sovereign state and polity that is Spain
has full sovereignty over: Spain
is represented by: Government of the Kingdom of Spain

England and Wales jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Courts of England and Wales
has reach: GB-ENG-Subdivision
has reach: GB-WLS-Subdivision
is jurisdiction of: National Assembly for Wales

Government of Guernsey
type: NamedIndividual
type: regional government
label: Gouvèrnément d'Guernési @fr
definition: parliamentary representative democracy that is the central government of the Bailiwick of Guernsey, a self-governing dependency of the United Kingdom and one of the British Channel Islands off the coast of Normandy
governs: Guernsey
has jurisdiction: jurisdiction of Guernsey

Government of Jersey
type: NamedIndividual
type: regional government
label: Gouvèrnément d'Jèrri @fr
definition: central government of the Bailiwick of Jersey, a self-governing dependency of the United Kingdom that is the largest of the Channel Islands between England and France
governs: Jersey
has jurisdiction: jurisdiction of Jersey

Government of Scotland
type: NamedIndividual
type: devolved government
type: regional government
label: Riaghaltas na h-Alba @gd
definition: devolved government of Scotland
synonym: Scottish government
governs: Scotland
has jurisdiction: Scotland jurisdiction

Government of the Isle of Man
type: NamedIndividual
type: regional government
definition: central government of the Isle of Man, a self-governing British Crown dependency in the Irish Sea between England and Ireland
synonym: Manx Government
governs: IsleOfMan
has jurisdiction: jurisdiction of the Isle of Man

Government of the United Kingdom
type: NamedIndividual
type: national government
definition: constitutional monarchy that is the government of the United Kingdom of Great Britain and Northern Ireland, including the monarch, who is the head of state and sovereign, prime minister, who is the head of government, and cabinet, parliament (House of Lords and House of Commons), and other agencies and institutions that comprise the government
synonym: British government
governs: UnitedKingdomOfGreatBritainAndNorthernIreland
has jurisdiction: United Kingdom jurisdiction

Guernsey entity
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is the Bailiwick of Guernsey
has shared sovereignty over: Guernsey
is represented by: Government of Guernsey

Isle of Man entity
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is the Isle of Man
has shared sovereignty over: IsleOfMan
is represented by: Government of the Isle of Man
synonym: Manx entity

Jersey entity
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is the Bailiwick of Jersey
has shared sovereignty over: Jersey
is represented by: Government of Jersey

jurisdiction of Guernsey
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the bailiwick judiciary of Guernsey, headed by its Bailiff, which is derived from a combination of Norman Customary Law and principles taken from English common law and Equity, as well as from statute law enacted by the competent legislature(s)
has reach: Guernsey
is jurisdiction of: Government of Guernsey

jurisdiction of Jersey
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Jersey, headed by is the Bailiff, who as well as performing the judicial functions of a chief justice is also the President (presiding officer) of the States of Jersey and has certain civic, ceremonial and executive functions
has reach: Jersey
is jurisdiction of: Government of Jersey

jurisdiction of the Isle of Man
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Isle of Man, including the High Court of Justice of the Isle of Man, consisting of a Civil Division and an appeal division, called the Staff of Government Division
has reach: IsleOfMan
is jurisdiction of: Government of the Isle of Man

National Assembly for Wales
type: NamedIndividual
type: devolved government
type: regional government
label: Cynulliad Cenedlaethol Cymru @cy
definition: devolved government of Wales
synonym: Senedd @cy
synonym: Welsh Assembly
governs: Wales
has jurisdiction: England and Wales jurisdiction

Northern Ireland Assembly
type: NamedIndividual
type: devolved government
type: regional government
label: Tionól Thuaisceart Éireann @ga
definition: devolved government of Northern Ireland
governs: NorthernIreland
has jurisdiction: Northern Ireland jurisdiction

Northern Ireland entity
type: NamedIndividual
type: regional sovereignty
definition: regional devolved sovereignty that is Northern Ireland
has shared sovereignty over: NorthernIreland
is represented by: Northern Ireland Assembly

Northern Ireland jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Courts of Northern Ireland
has reach: NorthernIreland
is jurisdiction of: Northern Ireland Assembly

Scotland entity
type: NamedIndividual
type: regional sovereignty
definition: regional devolved sovereignty that is Scotland
has shared sovereignty over: Scotland
is represented by: Government of Scotland

Scotland jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Supreme Courts of Scotland
has reach: Scotland
is jurisdiction of: Government of Scotland

United Kingdom entity
type: NamedIndividual
type: sovereign state
definition: federated sovereignty and polity that is the United Kingdom of Great Britain and Northern Ireland
has full sovereignty over: Gibraltar
has full sovereignty over: UnitedKingdomOfGreatBritainAndNorthernIreland
is represented by: Government of the United Kingdom

United Kingdom jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Supreme Court of the United Kingdom, the tribunal system, including the Asylum and Immigration Tribunal and the Special Immigration Appeals Commission, Employment tribunals and the Employment Appeal Tribunal
scope note: Note that the Courts of the United Kingdom are separated into three separate jurisdictions, the Courts of England and Wales, Courts of Scotland and the Courts of Northern Ireland, as the United Kingdom does not have a single unified judicial system, aside from the courts specifically identified in the definition of this individual.
has reach: UnitedKingdomOfGreatBritainAndNorthernIreland
is jurisdiction of: Government of the United Kingdom

Welsh entity
type: NamedIndividual
type: regional sovereignty
definition: regional devolved sovereignty that is Wales
has shared sovereignty over: Wales
is represented by: National Assembly for Wales

Austrian entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Austria
has full sovereignty over: Austria
is represented by: Government of the Republic of Austria

Belgian entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Belgium
has full sovereignty over: Belgium
is represented by: Government of the Kingdom of Belgium

French entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is France
has full sovereignty over: France
has full sovereignty over: FrenchSouthernTerritories
has shared sovereignty over: FrenchGuiana
has shared sovereignty over: FrenchPolynesia
has shared sovereignty over: Guadeloupe
has shared sovereignty over: Martinique
has shared sovereignty over: Mayotte
has shared sovereignty over: NewCaledonia
has shared sovereignty over: Reunion
has shared sovereignty over: SaintBarthelemy
has shared sovereignty over: SaintMartin
has shared sovereignty over: SaintPierreAndMiquelon
has shared sovereignty over: WallisAndFutuna
is represented by: Government of the French Republic

German entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Germany
has full sovereignty over: Germany
is represented by: Government of the Federal Republic of Germany

Government of the Federal Republic of Germany
type: NamedIndividual
type: federal government
label: Bundesrepublik Deutschland @de
definition: democratic, federal parliamentary republic led by a chancellor, where federal legislative power is vested in the parliament, consisting of the Bundestag and the Bundesrat
governs: Germany
has jurisdiction: German jurisdiction

Government of the French Republic
type: NamedIndividual
type: national government
label: Gouvernement de la République française @fr
definition: unitary semi-presidential constitutional republic, built on strong representative democratic roots, based on the Constitution of the Fifth Republic which was approved in 1958
governs: France
has jurisdiction: jurisdiction of France

Government of the Grand Duchy of Luxembourg
type: NamedIndividual
type: national government
definition: representative democracy that is a unitary, parliamentary constitutional monarchy, headed by the Grand Duke, which is the world's only remaining sovereign grand duchy
governs: Luxembourg
has jurisdiction: jurisdiction of Luxembourg

Government of the Kingdom of Belgium
type: NamedIndividual
type: federal government
definition: federal parliamentary constitutional monarchy, whose head of state is the king, though with limited prerogatives
governs: Belgium
has jurisdiction: jurisdiction of Belgium

Government of the Netherlands
type: NamedIndividual
type: national government
label: Rijksoverheid @nl
definition: parliamentary constitutional monarchy with a unitary structure, with its monarch as head of state
governs: Netherlands
has jurisdiction: jurisdiction of the Netherlands

Government of the Principality of Liechtenstein
type: NamedIndividual
type: national government
definition: semi-constitutional monarchy headed by the Prince of Liechtenstein, with an elected parliament that enacts the law, as well as being a direct democracy, where voters can propose and enact constitutional amendments and legislation independently of the legislature
governs: Liechtenstein
has jurisdiction: jurisdiction of Liechtenstein

Government of the Principality of Monaco
type: NamedIndividual
type: national government
definition: constitutional monarchy with the Sovereign Prince of Monaco as head of state, and a Minister of State as the head of government, who presides over a five-member Council of Government
governs: Monaco
has jurisdiction: jurisdiction of Monaco

Government of the Republic of Austria
type: NamedIndividual
type: federal government
definition: federal, representative democratic republic, with nine states, whose head of state is the Federal President (Bundespräsident), and head of the federal government is the Federal Chancellor (Bundeskanzler)
governs: Austria
has jurisdiction: jurisdiction of Austria

Government of the Swiss Confederation
type: NamedIndividual
type: federal government
definition: federal semi-direct democracy under a multi-party presidential directorial republic, which represents a confederation of 26 cantons and communes with executive, legislative and judiciary branches
governs: Switzerland
has jurisdiction: jurisdiction of Switzerland

jurisdiction of Austria
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Austria (österreichische Justiz), consisting of general courts (ordentliche Gerichte) and courts of public law (Gerichte öffentlichen Rechts)
has reach: Austria
is jurisdiction of: Government of the Republic of Austria

jurisdiction of Belgium
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Belgium, which is based on civil law and originates from the Napoleonic code, including the Court of Cassation and the courts of appeal, one level below
has reach: Belgium
is jurisdiction of: Government of the Kingdom of Belgium

jurisdiction of France
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of France, which is part of the Ministry of Justice based on a civil legal system, headed by the Court of Cassation and Council of State
has reach: France
is jurisdiction of: Government of the French Republic

German jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Germany, whose civil law system is based on Roman law with some references to early Germanic law, headed by the Bundesverfassungsgericht (German supreme court) responsible for constitutional matters
has reach: Germany
is jurisdiction of: Government of the Federal Republic of Germany

jurisdiction of Liechtenstein
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Liechtenstein, the system of courts and tribunals which interpret and apply the law in Liechtenstein, including the Regional Court at Vaduz, the Princely High Court of Appeal at Vaduz, the Princely Supreme Court, the Administrative Court, and the State Court
has reach: Liechtenstein
is jurisdiction of: Government of the Principality of Liechtenstein

jurisdiction of Luxembourg
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Luxembourg, the system of courts and tribunals which interpret and apply the law in Luxembourg, including three lower tribunals (justices de paix; in Esch-sur-Alzette, the city of Luxembourg, and Diekirch), two district tribunals (Luxembourg and Diekirch), and a Superior Court of Justice (Luxembourg), which includes the Court of Appeal and the Court of Cassation
has reach: Luxembourg
is jurisdiction of: Government of the Grand Duchy of Luxembourg

jurisdiction of Monaco
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Monaco, the system of courts and tribunals which interpret and apply the law in Monaco, including the Monegasque Supreme Court, one of the highest courts of law in the city-state of Monaco for judicial appeals as well as ensuring the constitution of Monaco is upheld
has reach: Monaco
is jurisdiction of: Government of the Principality of Monaco

jurisdiction of Switzerland
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Federal Supreme Court, Federal Criminal Court, Federal Administrative Court, and the Federal Patent Court representing the judiciary branch at the federal level in Switzerland
has reach: Switzerland
is jurisdiction of: Government of the Swiss Confederation

jurisdiction of the Netherlands
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Netherlands, the system of courts which interprets and applies the law in the Netherlands
has reach: Netherlands
is jurisdiction of: Government of the Netherlands

Liechtensteiner entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Liechtenstein
has full sovereignty over: Liechtenstein
is represented by: Government of the Principality of Liechtenstein

Luxembourger entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Luxembourg
has full sovereignty over: Luxembourg
is represented by: Government of the Grand Duchy of Luxembourg

Monegasque entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Monaco
has full sovereignty over: Monaco
is represented by: Government of the Principality of Monaco

Netherlands entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is the Netherlands
has full sovereignty over: Netherlands
has shared sovereignty over: Bonaire
has shared sovereignty over: SintMaarten
is represented by: Government of the Netherlands

Swiss entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Switzerland
has full sovereignty over: Switzerland
is represented by: Government of the Swiss Confederation

branch of government
type: Class
subclass of: government body
definition: division of the government of a state, with separate and independent powers and areas of responsibility so that the powers of one branch are not in conflict with the powers associated with the other branches
adapted from: https://www.usa.gov/branches-of-government

devolved government
type: Class
subclass of: government
definition: government and the politicians that that run a subnational territory with powers that may be temporary and reversible, ultimately residing with the central government

executive branch
type: Class
subclass of: branch of government
definition: the branch of government that is authorized and responsible for the daily administration of the government
adapted from: https://www.usa.gov/branches-of-government
explanatory note: The executive branch executes and enforces the law.

federal government
type: Class
subclass of: national government
subclass of: Class
  intersection of: Restriction
    on property: governs
    some values from: FederalState
  intersection of: Restriction
    on property: governs
    on class: FederalCapitalArea
    min qualified cardinality: 0
definition: union of states under a central government distinct from the individual governments of the separate states
explanatory note: A federation is a political entity characterized by a union of partially self-governing states or regions under a central (federal) government. In a federation, the self-governing status of the component states, as well as the division of power between them and the central government, are typically constitutionally entrenched and may not be altered by a unilateral decision of either party, the states or the federal political body.

federated sovereignty
type: Class
subclass of: sovereign state
subclass of: Class
  intersection of: Restriction
    on property: has full sovereignty over
    some values from: Country
  intersection of: Restriction
    on property: has shared sovereignty over
    some values from: FederalState
subclass of: Class
  intersection of: Restriction
    on property: is represented by
    some values from: regional government
  intersection of: Restriction
    on property: is represented by
    on class: federal government
    qualified cardinality: 1
definition: polity characterized by a union of partially self-governing states or regions under a central (federal) government
explanatory note: The federated sovereignty is the legal entity that can incur debt for a federal government, as distinct from the Federal government.

government
type: Class
subclass of: functional entity
subclass of: Restriction
  on property: hasMember
  on class: Class
    union of: branch of government
    union of: government agency
    union of: government department
  min qualified cardinality: 0
subclass of: Restriction
  on property: governs
  some values from: GeopoliticalEntity
disjoint with: instrumentality
definition: system by which a state or community is controlled
explanatory note: In the Commonwealth of Nations, the word government is also used more narrowly to refer to the collective group of people that exercises executive authority in a state. This usage is analogous to what is called an 'administration' in American English. Furthermore, especially in American English, the concepts of the state and the government may be used synonymously to refer to the person or group of people exercising authority over a politically organized territory.

government agency
type: Class
subclass of: government body
subclass of: Restriction
  on property: isManagedBy
  on class: government appointee
  min qualified cardinality: 0
disjoint with: government department
definition: permanent or semi-permanent organization, often an appointed commission, in the machinery of government that is responsible for the oversight and administration of specific functions
explanatory note: There is a notable variety of agency types. Although usage differs, a government agency is normally distinct both from a department or ministry, and other types of public body established by government. The functions of an agency are normally executive in character, since different types of organizations (such as commissions) are most often constituted in an advisory role; this distinction is often blurred in practice however.

government appointee
type: Class
subclass of: government official
subclass of: executive
subclass of: Restriction
  on property: isPlayedBy
  on class: Restriction
    on property: isDesignatedBy
    on class: government body
    min qualified cardinality: 0
  min qualified cardinality: 0
definition: individual designated by government decree to lead, or participate in some capacity in a government body

government body
type: Class
subclass of: FormalOrganization
subclass of: Restriction
  on property: hasObjective
  on class: public purpose
  min qualified cardinality: 0
definition: formal organization that is an agency, instrumentality, or other body of a supranational, national, federal, state, or local government, including certain multijurisdictional agencies and departments that carry out the business of government
explanatory note: Identifying government bodies is a pre-requisite for identifying government officials. This information is needed to help ensure compliance with applicable laws relating to bribery or corruption, including the U.S. Foreign Corrupt Practices Act (FCPA), the UK Bribery Act 2010 (UKBA), the U.S. Bank Bribery Act (Bribery Act), and other anti-bribery and corruption laws in the jurisdictions where financial institutions conduct business.

government department
type: Class
subclass of: government body
subclass of: Restriction
  on property: isManagedBy
  on class: government minister
  min qualified cardinality: 0
definition: specialized organization responsible for a sector of government public administration

government minister
type: Class
subclass of: government official
subclass of: executive
definition: government official that is an executive, who is either appointed or elected to a high office in the government
example: Minister of Finance, Secretary of State, Attorney General of California

government official
type: Class
subclass of: responsible party
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    on class: government body
    min qualified cardinality: 0
definition: person elected or appointed to administer some aspect of a government

instrumentality
type: Class
subclass of: government body
subclass of: LegalEntity
subclass of: Restriction
  on property: isMandatedBy
  on class: StatuteLaw
  min qualified cardinality: 0
subclass of: Restriction
  on property: is an instrument of
  some values from: government
definition: organization that serves a public purpose and is closely tied to a government, but is not a government agency
explanatory note: An instrumentality is a non-governmental agency that acts independently but whose obligations are backed by a government because of its role in providing a public service. Many instrumentalities are private companies, and some are chartered directly by government. Instrumentalities are subject to a unique set of laws that shape their activities. Certain organizations, such as Sallie Mae in the United States, may be considered instrumentalities from some perspectives but not others. Sallie Mae's status was changed in 2004, when it was privatized, and since that time it is no longer considered a government-sponsored enterprise (GSE).

judiciary
type: Class
subclass of: branch of government
subclass of: Restriction
  on property: hasPart
  some values from: CourtOfLaw
definition: branch of government that comprises the system of courts that interprets and applies the law in the name of the supranational, national, federal, or regional government, depending on its jurisdiction
explanatory note: The judiciary also provides a mechanism for the resolution of disputes. Under the doctrine of the separation of powers, the judiciary generally does not make law (that is, in a plenary fashion, which is the responsibility of the legislature) or enforce law (which is the responsibility of the executive), but rather interprets law and applies it to the facts of each case.

legislature
type: Class
subclass of: branch of government
definition: the law-making body of a political unit, usually a national government, that has power to enact, amend, and repeal public policy
explanatory note: Laws enacted by legislatures are known as legislation. Legislatures observe and steer governing actions and usually have exclusive authority to amend the budget or budgets involved in the process.

municipal entity
type: Class
subclass of: polity
subclass of: Restriction
  on property: has sovereignty over
  some values from: Municipality
subclass of: Restriction
  on property: is represented by
  some values from: municipal government
definition: polity that typically represents a city, township, or other administrative subdivision having corporate status and powers of self-government or jurisdiction
explanatory note: Municipal entity in the sense of a legal entity, that is, what it is that incurs debt for a municipality, as distinct from the Municipal government. A municipal entity has a Government which sets laws applicable within the geographical area corresponding to its jurisdiction.
synonym: municipality

municipal government
type: Class
subclass of: government
subclass of: Restriction
  on property: governs
  some values from: Municipality
definition: regional government of a city, township, or other administrative subdivision

national government
type: Class
subclass of: government
subclass of: Restriction
  on property: governs
  some values from: Country
definition: government and the politicians that that run a country as a whole (as opposed to local government)

polity
type: Class
subclass of: government body
subclass of: LegalPerson
subclass of: Restriction
  on property: has sovereignty over
  some values from: GeopoliticalEntity
subclass of: Restriction
  on property: is represented by
  some values from: government
definition: legal person that is a supranational entity, crown, state, or subordinate civil authority, such as a province, prefecture, county, municipality, city, or district representing the people of that entity

regional government
type: Class
subclass of: government
subclass of: Restriction
  on property: governs
  some values from: GeopoliticalEntity
definition: administrative body for a geographic area, such as a county, smaller town, or other similar community
explanatory note: A local government will typically only have control over their specific geographical region, and cannot pass or enforce laws that will affect a wider area. Local governments can elect officials, enact taxes, and do many other things that a national government would do, just on a smaller scale.
synonym: local government

regional sovereignty
type: Class
subclass of: polity
subclass of: Restriction
  on property: has shared sovereignty over
  some values from: GeopoliticalEntity
subclass of: Restriction
  on property: is represented by
  some values from: regional government
definition: legal person that corresponds to an administrative division, administrative unit, administrative entity or country subdivision (or, sometimes, geopolitical division or subnational entity), that has the capacity to incur debt, issue contracts, and enter into relations with other similar entities
example: A country may be divided into provinces, which, in turn, are divided into counties, which, in turn, may be divided in whole or in part into municipalities; and so on.

sovereign state
type: Class
subclass of: polity
subclass of: Restriction
  on property: has full sovereignty over
  some values from: Country
subclass of: Restriction
  on property: is represented by
  some values from: national government
definition: non-physical juridical entity that is represented by one centralized government that has sovereignty over a geographic area
explanatory note: A legal entity that is represented by one centralized government, has a permanent population, defined territory, and the capacity to enter into relations with other sovereign states.

supranational entity
type: Class
subclass of: polity
subclass of: Restriction
  on property: has shared sovereignty over
  some values from: Country
subclass of: Restriction
  on property: is represented by
  some values from: government body
definition: governmental or non-governmental entity that is established by international law or treaty or incorporated at an international level
adapted from: ISO 20275:2017, Financial services - Entity legal forms (ELF), First Edition, July 2017.
adapted from: Kiljunen, Kimmo (2004). The European Constitution in the Making. Centre for European Policy Studies. pp. 21-26. ISBN 978-92-9079-493-6
explanatory note: A supranational union is a supranational polity which lies somewhere between a confederation that is an association of states and a federation that is a state. Unlike states in a federal super-state, member states retain ultimate sovereignty, although some sovereignty is shared with, or ceded to, the supranational body.

tribal area
type: Class
subclass of: GeopoliticalEntity
definition: designation for geographic region administered by a group of indigenous people rather than by a sovereign state or regional governmental entity

tribal entity
type: Class
subclass of: polity
subclass of: Restriction
  on property: has shared sovereignty over
  some values from: tribal area
subclass of: Restriction
  on property: is represented by
  some values from: tribal government
definition: legal entity that represents fundamental unit of sovereign tribal (indigenous) government
explanatory note: Any indigenous group or community which is recognized as having rights and obligations independent of the central government.

tribal government
type: Class
subclass of: government
subclass of: Restriction
  on property: governs
  some values from: tribal area
definition: government representing a group of indigenous people that has legal authority to govern those people, including authority to legislate the existence of tribal entities

has full sovereignty over
type: ObjectProperty
sub property of: has sovereignty over
definition: relates a polity to a geopolitical entity where the polity has absolute, supreme and ultimate dominion and authority of a political state subject to no higher power, expressed within its territory in full self-government and in complete freedom from any outside influence

hasJurisdiction
type: ObjectProperty
deprecated: true
equivalent property: hasJurisdiction

has shared sovereignty over
type: ObjectProperty
sub property of: has sovereignty over
definition: relates a polity to a geopolitical entity where the polity exercises shared dominion and authority of a political state

has sovereignty over
type: ObjectProperty
sub property of: governs
domain: polity
range: GeopoliticalEntity
definition: relates a polity to a geopolitical entity where the polity exercises dominion and authority of a political state

is elected by
type: ObjectProperty
inverse of: elects
definition: identifies an official or government chosen to hold office by voting

is an instrument of
type: ObjectProperty
domain: instrumentality
range: government
definition: relates an instrumentality of some government to the government that it supports

isJurisdictionOf
type: ObjectProperty
deprecated: true
equivalent property: isJurisdictionOf

is represented by
type: ObjectProperty
definition: relates a system of governance to its chosen representatives

Belizean entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a Caribbean country located on the northeastern coast of Central America
has full sovereignty over: Belize
is represented by: Government of Belize

Costa Rican entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a Central American country bordered by Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, the Pacific Ocean to the southwest, and Ecuador to the south of Cocos Island
has full sovereignty over: CostaRica
is represented by: Government of the Republic of Costa Rica

Government of Belize
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional monarchy, with the queen (Elizabeth II) as head of state represented locally by a governor-general
governs: Belize
has jurisdiction: jurisdiction of Belize

Government of the Republic of Costa Rica
type: NamedIndividual
type: national government
label: República de Costa Rica @es
definition: unitary presidential constitutional republic known for its long-standing and stable democracy
governs: CostaRica
has jurisdiction: jurisdiction of Costa Rica

Government of the Republic of El Salvador
type: NamedIndividual
type: national government
label: República de El Salvador @es
definition: Unitary presidential, constitutional and representative democratic republic whose president is both head of state and head of government
governs: ElSalvador
has jurisdiction: jurisdiction of ElSalvador

Government of the Republic of Guatemala
type: NamedIndividual
type: national government
label: República de Guatemala @es
definition: unitary presidential and democratic republic that is the most populous country in Central America
governs: Guatemala
has jurisdiction: jurisdiction of Guatemala

Government of the Republic of Honduras
type: NamedIndividual
type: national government
label: República de Honduras @es
definition: presidential representative democratic republic whose president is both head of state and head of government
governs: Honduras
has jurisdiction: jurisdiction of Honduras

Government of the Republic of Nicaragua
type: NamedIndividual
type: national government
label: República de Nicaragua @es
definition: Unitary dominant-party presidential constitutional republic whose president is both head of state and head of government
governs: Nicaragua
has jurisdiction: jurisdiction of Nicaragua

Government of the Republic of Panama
type: NamedIndividual
type: national government
label: República de Panamá @es
definition: Unitary presidential, constitutional and representative democratic republic whose president is both head of state and head of government
governs: Panama
has jurisdiction: jurisdiction of Panama

Guatemalan entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a Central American country bordered by Mexico to the north and west, Belize and the Caribbean to the northeast, Honduras to the east, El Salvador to the southeast and the Pacific Ocean to the south
has full sovereignty over: Guatemala
is represented by: Government of the Republic of Guatemala

Honduran entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a Central American country bordered to the west by Guatemala, to the southwest by El Salvador, to the southeast by Nicaragua, to the south by the Pacific Ocean at the Gulf of Fonseca, and to the north by the Gulf of Honduras, a large inlet of the Caribbean Sea
has full sovereignty over: Honduras
is represented by: Government of the Republic of Honduras

jurisdiction of Belize
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Supreme Court and Court of Appeals in Belize, with the Caribbean Court of Justice as the highest level of appeal for certain cases
has reach: Belize
is jurisdiction of: Government of Belize

jurisdiction of Costa Rica
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Costa Rica, which is the system of courts that interprets and applies the law in Costa Rica
has reach: CostaRica
is jurisdiction of: Government of the Republic of Costa Rica

jurisdiction of ElSalvador
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Salvadorian judiciary, headed by the Supreme Court, which is composed of 15 judges, one of them being elected as President of the Judiciary
has reach: ElSalvador
is jurisdiction of: Government of the Republic of El Salvador

jurisdiction of Guatemala
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Guatemala, which is the system of courts that interprets and applies the law in Guatemala
has reach: Guatemala
is jurisdiction of: Government of the Republic of Guatemala

jurisdiction of Honduras
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Honduras, which is the system of courts that interprets and applies the law in Honduras
has reach: Honduras
is jurisdiction of: Government of the Republic of Honduras

jurisdiction of Nicaragua
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Nicaragua, which is the system of courts that interprets and applies the law in Nicaragua
has reach: Nicaragua
is jurisdiction of: Government of the Republic of Nicaragua

jurisdiction of Panama
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Panamanian judiciary, which is the system of courts that interprets and applies the law in Panama
has reach: Panama
is jurisdiction of: Government of the Republic of Panama

Nicaraguan entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is the largest country in the Central American isthmus, bordered by Honduras to the northwest, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the southwest
has full sovereignty over: Nicaragua
is represented by: Government of the Republic of Nicaragua

Panamanian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a transcontinental country in Central America and South America, bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south
has full sovereignty over: Panama
is represented by: Government of the Republic of Panama

Salvadorian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is bordered on the northeast by Honduras, on the northwest by Guatemala, and on the south by the Pacific Ocean
has full sovereignty over: ElSalvador
is represented by: Government of the Republic of El Salvador

Argentinian entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is located in the southern half of South America, bordered by Bolivia and Paraguay to the north, Brazil to the northeast, Uruguay and the South Atlantic Ocean to the east, and the Drake Passage to the south
has full sovereignty over: Argentina
is represented by: Government of the Argentine Republic

Bolivian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a landlocked country located in western-central South America
has full sovereignty over: Bolivia
is represented by: Government of the Plurinational State of Bolivia

Brazilian entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is the largest country in both South America and Latin America
has full sovereignty over: Brazil
is represented by: Government of the Federative Republic of Brazil

Chilean entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that occupies a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west, and borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far south
has full sovereignty over: Chile
is represented by: Government of the Republic of Chile

Colombian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is a transcontinental country largely in the north of South America, bounded on the north by the Caribbean Sea, the northwest by Panama, the south by Ecuador and Peru, the east by Venezuela, the southeast by Brazil, and the west by the Pacific Ocean
has full sovereignty over: Colombia
is represented by: Government of the Republic of Colombia

Ecuadorian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is located in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west
has full sovereignty over: Ecuador
is represented by: Government of the Republic of Ecuador

Government of the Argentine Republic
type: NamedIndividual
type: federal government
label: República Argentina @es
definition: federal presidential constitutional republic and representative democracy whose president is both head of state and head of government
governs: Argentina
has jurisdiction: jurisdiction of Argentina

Government of the Bolivarian Republic of Venezuela
type: NamedIndividual
type: federal government
label: República Bolivariana de Venezuela @es
definition: federal dominant-party presidential constitutional republic, whose president is both head of state and head of government
governs: Venezuela
has jurisdiction: jurisdiction of Venezuela

Government of the Co-operative Republic of Guyana
type: NamedIndividual
type: national government
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Guyana
has jurisdiction: jurisdiction of Guyana

Government of the Federative Republic of Brazil
type: NamedIndividual
type: federal government
label: República Federativa do Brasil @pt
definition: democratic federative republic, with a presidential system, whose president is both head of state and head of government
governs: Brazil
has jurisdiction: jurisdiction of Brazil

Government of the Oriental Republic of Uruguay
type: NamedIndividual
type: national government
label: República Oriental del Uruguay @es
label: República Oriental do Uruguai @pt
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Uruguay
has jurisdiction: jurisdiction of Uruguay

Government of the Plurinational State of Bolivia
type: NamedIndividual
type: national government
label: Estado Plurinacional de Bolivia @es
definition: Unitary presidential constitutional republic and representative democracy whose president is both head of state and head of government
governs: Bolivia
has jurisdiction: jurisdiction of Bolivia

Government of the Republic of Chile
type: NamedIndividual
type: national government
label: República de Chile @es
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Chile
has jurisdiction: jurisdiction of Chile

Government of the Republic of Colombia
type: NamedIndividual
type: national government
label: República de Colombia @es
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Colombia
has jurisdiction: jurisdiction of Colombia

Government of the Republic of Ecuador
type: NamedIndividual
type: national government
label: República del Ecuador @es
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Ecuador
has jurisdiction: jurisdiction of Ecuador

Government of the Republic of Paraguay
type: NamedIndividual
type: national government
label: República del Paraguay @es
definition: unitary dominant-party presidential republic and representative democracy, whose president is both head of state and head of government
governs: Paraguay
has jurisdiction: jurisdiction of Paraguay

Government of the Republic of Peru
type: NamedIndividual
type: national government
label: República del Perú @es
definition: unitary presidential constitutional republic and representative democracy, whose president is both head of state and head of government
governs: Peru
has jurisdiction: jurisdiction of Peru

Government of the Republic of Suriname
type: NamedIndividual
type: national government
label: Republiek Suriname @nl
definition: unitary republic and representative democracy, whose president is both head of state and head of government
governs: Suriname
has jurisdiction: jurisdiction of Suriname

Guyanese entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is bordered by the Atlantic Ocean to the north, Brazil to the south and southwest, Venezuela to the west, and Suriname to the east
has full sovereignty over: Guyana
is represented by: Government of the Co-operative Republic of Guyana

jurisdiction of Argentina
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Argentina, which is the system of courts, including the Supreme Court and lower federal courts, that interprets and applies the law in Argentina
has reach: Argentina
is jurisdiction of: Government of the Argentine Republic

jurisdiction of Bolivia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Bolivia, including the Supreme Court of Justice, the Plurinational Constitutional Court, the Judiciary Council, Agrarian and Environmental Court, and District (departmental) and lower courts that interpret and apply the law in Bolivia
has reach: Bolivia
is jurisdiction of: Government of the Plurinational State of Bolivia

jurisdiction of Brazil
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Brazil, which is the system of courts, including the Federal Supreme Court and Federal District Courts, that interprets and applies the law in Brazil
has reach: Brazil
is jurisdiction of: Government of the Federative Republic of Brazil

jurisdiction of Chile
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Chile, which is the system of courts, including a court of appeal, a system of military courts, a constitutional tribunal, and the Supreme Court of Chile, that interprets and applies the law in Chile
has reach: Chile
is jurisdiction of: Government of the Republic of Chile

jurisdiction of Colombia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Colombia, which is the system of courts, including the Supreme Court which deals with penal and civil matters, the Council of State, which has special responsibility for administrative law and also provides legal advice to the executive, the Constitutional Court, responsible for assuring the integrity of the Colombian constitution, and the Superior Council of Judicature, responsible for auditing the judicial branch, that interprets and applies the law in Colombia
has reach: Colombia
is jurisdiction of: Government of the Republic of Colombia

jurisdiction of Ecuador
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Ecuador, which is the system of courts, including as its main body the Judicial Council, and also includes the National Court of Justice, provincial courts, and lower courts, that interprets and applies the law in Ecuador
has reach: Ecuador
is jurisdiction of: Government of the Republic of Ecuador

jurisdiction of Guyana
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Guyana, which is the system of courts, including the Supreme Court of Guyana, that interprets and applies the law in Guyana
has reach: Guyana
is jurisdiction of: Government of the Co-operative Republic of Guyana

jurisdiction of Paraguay
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Paraguay, which is the system of courts, including tribunals and Courts of Civil Law and a nine-member Supreme Court of Justice, that interprets and applies the law in Paraguay
has reach: Paraguay
is jurisdiction of: Government of the Republic of Paraguay

jurisdiction of Peru
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Peru, which is the system of courts, including the Supreme Court of Peru, also known as the Royal Audencia of Lima, that interprets and applies the law in Peru
has reach: Peru
is jurisdiction of: Government of the Republic of Peru

jurisdiction of Suriname
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Suriname, which is the system of courts, headed by the High Court of Justice of Suriname (Supreme Court), that interprets and applies the law in Suriname
has reach: Suriname
is jurisdiction of: Government of the Republic of Suriname

jurisdiction of Uruguay
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Uruguay, which is the system of courts, including the Supreme Court, the bench and judges, that interprets and applies the law in Uruguay
has reach: Uruguay
is jurisdiction of: Government of the Oriental Republic of Uruguay

jurisdiction of Venezuela
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Venezuela, which is the system of courts, including the Venezuelan Supreme Court, that interprets and applies the law in Venezuela
has reach: Venezuela
is jurisdiction of: Government of the Bolivarian Republic of Venezuela

Paraguayan entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest
has full sovereignty over: Paraguay
is represented by: Government of the Republic of Paraguay

Peruvian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is bordered in the north by Ecuador and Colombia, in the east by Brazil, in the southeast by Bolivia, in the south by Chile, and in the west by the Pacific Ocean
has full sovereignty over: Peru
is represented by: Government of the Republic of Peru

Surinamese entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is located on the northeastern Atlantic coast of South America, bordered by the Atlantic Ocean to the north, French Guiana to the east, Guyana to the west and Brazil to the south
has full sovereignty over: Suriname
is represented by: Government of the Republic of Suriname

Uruguayan entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is located in the southeastern region of South America, bordered by Argentina to its west and southwest and Brazil to its north and east, with the Rio de la Plata (River of Silver) to the south and the Atlantic Ocean to the southeast
has full sovereignty over: Uruguay
is represented by: Government of the Oriental Republic of Uruguay

Venezuelan entity
type: NamedIndividual
type: federated sovereignty
definition: sovereign state and polity that is located on the northern coast of South America, consisting of a continental landmass and many small islands and islets in the Caribbean Sea
has full sovereignty over: Venezuela
is represented by: Government of the Bolivarian Republic of Venezuela

Canadian entity
type: NamedIndividual
type: federated sovereignty
definition: individual representing the federated sovereignty and polity that is Canada
has full sovereignty over: Canada
has shared sovereignty over: Alberta
has shared sovereignty over: BritishColumbia
has shared sovereignty over: Manitoba
has shared sovereignty over: NewBrunswick
has shared sovereignty over: NewfoundlandAndLabrador
has shared sovereignty over: NorthwestTerritories
has shared sovereignty over: NovaScotia
has shared sovereignty over: Nunavut
has shared sovereignty over: Ontario
has shared sovereignty over: PrinceEdwardIsland
has shared sovereignty over: Quebec
has shared sovereignty over: Saskatchewan
has shared sovereignty over: Yukon
is represented by: Government of Canada

Canadian jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for Canada
explanatory note: Canada's federal structure divides government responsibilities between the federal government and the ten provinces. Provincial legislatures are unicameral and operate in parliamentary fashion similar to the House of Commons. Canada's three territories also have legislatures, but these are not sovereign and have fewer constitutional responsibilities than the provinces. The territorial legislatures also differ structurally from their provincial counterparts.
has reach: Canada
is jurisdiction of: Government of Canada

government of Alberta
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Alberta
governs: Alberta
has jurisdiction: province of Alberta jurisdiction

government of British Columbia
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of British Columbia
governs: BritishColumbia
has jurisdiction: province of British Columbia jurisdiction

Government of Canada
type: NamedIndividual
type: federal government
definition: individual representing the federal parliamentary democracy and constitutional monarchy of Canada
explanatory note: Canada is a federal parliamentary democracy and a constitutional monarchy, with Queen Elizabeth II being the head of state. The country is officially bilingual at the federal level. It is one of the world's most ethnically diverse and multicultural nations, the product of large-scale immigration from many countries. Its advanced economy is the eleventh largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.
governs: Canada
has jurisdiction: Canadian jurisdiction

government of Manitoba
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Manitoba
governs: Manitoba
has jurisdiction: province of Manitoba jurisdiction

government of New Brunswick
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of New Brunswick
governs: NewBrunswick
has jurisdiction: province of New Brunswick jurisdiction

government of Newfoundland and Labrador
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Newfoundland and Labrador
governs: NewfoundlandAndLabrador
has jurisdiction: province of Newfoundland and Labrador jurisdiction

government of Northwest Territories
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the Northwest Territories
governs: NorthwestTerritories
has jurisdiction: Northwest Territories jurisdiction

government of Nova Scotia
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Nova Scotia
governs: NovaScotia
has jurisdiction: province of Nova Scotia jurisdiction

government of Nunavut
type: NamedIndividual
type: regional government
definition: individual representing the regional government of Nunavut
governs: Nunavut
has jurisdiction: Nunavut jurisdiction

government of Ontario
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Ontario
governs: Ontario
has jurisdiction: province of Ontario jurisdiction

government of Prince Edward Island
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Prince Edward Island
governs: PrinceEdwardIsland
has jurisdiction: province of Prince Edward Island jurisdiction

government of Quebec
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Quebec
governs: Quebec
has jurisdiction: province of Quebec jurisdiction

government of Saskatchewan
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the province of Saskatchewan
governs: Saskatchewan
has jurisdiction: province of Saskatchewan jurisdiction

government of Yukon
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the Yukon territory of Canada
governs: Yukon
has jurisdiction: Yukon jurisdiction

Northwest Territories entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Northwest Territories
has shared sovereignty over: NorthwestTerritories
is represented by: government of Northwest Territories

Northwest Territories jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Courts of the Northwest Territories
has reach: NorthwestTerritories
is jurisdiction of: government of Northwest Territories

Nunavut entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian territory of Nunavut
has shared sovereignty over: Nunavut
is represented by: government of Nunavut

Nunavut jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Courts of Nunavut
has reach: Nunavut
is jurisdiction of: government of Nunavut

Province of Alberta entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Alberta
has shared sovereignty over: Alberta
is represented by: government of Alberta

province of Alberta jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Alberta, i.e., that of the Alberta Court of Appeal, Court of Queen's Bench, and Provincial Court of Alberta
has reach: Alberta
is jurisdiction of: government of Alberta

Province of British Columbia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of British Columbia
has shared sovereignty over: BritishColumbia
is represented by: government of British Columbia

province of British Columbia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of British Columbia, i.e., that of the British Columbia Court of Appeal, Supreme Court, and Provincial Court of British Columbia
has reach: BritishColumbia
is jurisdiction of: government of British Columbia

Province of Manitoba entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Manitoba
has shared sovereignty over: Manitoba
is represented by: government of Manitoba

province of Manitoba jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Manitoba, i.e., that of the Manitoba Court of Appeal, Court of Queen's Bench, and Provincial Court of Manitoba
has reach: Manitoba
is jurisdiction of: government of Manitoba

Province of New Brunswick entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of New Brunswick
has shared sovereignty over: NewBrunswick
is represented by: government of New Brunswick

province of New Brunswick jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of New Brunswick, i.e., that of the New Brunswick Court of Appeal, Court of Queen's Bench, and Provincial Court of New Brunswick
has reach: NewBrunswick
is jurisdiction of: government of New Brunswick

Province of Newfoundland and Labrador entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Newfoundland and Labrador
has shared sovereignty over: NewfoundlandAndLabrador
is represented by: government of Newfoundland and Labrador

province of Newfoundland and Labrador jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Newfoundland and Labrador, i.e., that of the Newfoundland and Labrador Supreme and Provincial Courts
has reach: NewfoundlandAndLabrador
is jurisdiction of: government of Newfoundland and Labrador

Province of Nova Scotia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Nova Scotia
has shared sovereignty over: NovaScotia
is represented by: government of Nova Scotia

province of Nova Scotia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Nova Scotia, i.e., that of the Nova Scotia Supreme and Provincial Courts and Court of Appeals
has reach: NovaScotia
is jurisdiction of: government of Nova Scotia

Province of Ontario entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Ontario
has shared sovereignty over: Ontario
is represented by: government of Ontario

province of Ontario jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Ontario, i.e., that of the Ontario Superior and Provincial Court of Justice as well as Court of Appeals
has reach: Ontario
is jurisdiction of: government of Ontario

Province of Prince Edward Island entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Prince Edward Island
has shared sovereignty over: PrinceEdwardIsland
is represented by: government of Prince Edward Island

province of Prince Edward Island jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Prince Edward Island, i.e., that of the Prince Edward Island Court of Appeal, as well as the Supreme and Provincial Courts of Prince Edward Island
has reach: PrinceEdwardIsland
is jurisdiction of: government of Prince Edward Island

Province of Quebec entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Quebec
has shared sovereignty over: Quebec
is represented by: government of Quebec

province of Quebec jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Quebec, i.e., that of the Quebec Court of Appeal, and the Supreme and Provincial Courts of Quebec
has reach: Quebec
is jurisdiction of: government of Quebec

Province of Saskatchewan entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Province of Saskatchewan
has shared sovereignty over: Saskatchewan
is represented by: government of Saskatchewan

province of Saskatchewan jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Canadian Province Of Saskatchewan, i.e., that of the Saskatchewan Court of Appeal, Court of Queen's Bench, and Provincial Court of Saskatchewan
has reach: Saskatchewan
is jurisdiction of: government of Saskatchewan

Yukon entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the Canadian Yukon territory
has shared sovereignty over: Yukon
is represented by: government of Yukon

Yukon jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the Courts of Yukon
has reach: Yukon
is jurisdiction of: government of Yukon

Antigua and Barbuda entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that consists of two major islands, Antigua and Barbuda (separated by 39 miles), and a number of smaller islands in the middle of the Leeward Islands, that is part of the Lesser Antilles
has shared sovereignty over: AntiguaAndBarbuda
is represented by: Government of Antigua and Barbuda

Bahamian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is The Bahamas
has shared sovereignty over: Bahamas
is represented by: Government of the Commonwealth of the Bahamas

Barbadian entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Barbados
has shared sovereignty over: Barbados
is represented by: Government of Barbados

Bermudan entity
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is Bermuda
has shared sovereignty over: Bermuda
is represented by: Government of Bermuda

Cayman Islands entity
type: NamedIndividual
type: regional sovereignty
definition: regional sovereignty and polity that is the Cayman Islands
has shared sovereignty over: CaymanIslands
is represented by: Government of the Cayman Islands

Cuban entity
type: NamedIndividual
type: sovereign state
definition: sovereign state and polity that is Cuba
has full sovereignty over: Cuba
is represented by: Government of the Republic of Cuba

Dominica entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Dominica
has full sovereignty over: Dominica
is represented by: Government of the Commonwealth of Dominica

Dominican Republic entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is the Dominican Republic
has full sovereignty over: DominicanRepublic
is represented by: Government of the the Dominican Republic

Government of Antigua and Barbuda
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional monarchy, with the queen (Elizabeth II) as head of state represented locally by a governor-general
governs: AntiguaAndBarbuda
has jurisdiction: jurisdiction of Antigua and Barbuda

Government of Barbados
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional monarchy, modeled on the British Westminster system, with the Queen of Barbados (Elizabeth II) as head of state, represented locally by a governor-general
governs: Barbados
has jurisdiction: jurisdiction of Barbados

Government of Bermuda
type: NamedIndividual
type: regional government
definition: parliamentary representative democratic dependency and a British island territory in the North Atlantic Ocean
governs: Bermuda
has jurisdiction: jurisdiction of Bermuda

Government of Grenada
type: NamedIndividual
type: national government
definition: unitary two-party parliamentary constitutional monarchy that is a Commonwealth realm with Queen Elizabeth II as head of state, represented locally by a governor-general, located in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain
governs: Grenada
has jurisdiction: jurisdiction of Grenada

Government of Jamaica
type: NamedIndividual
type: national government
definition: parliamentary constitutional monarchy with legislative power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives, and an independent member of the British Commonwealth, situated in the Caribbean Sea
governs: Jamaica
has jurisdiction: jurisdiction of Jamaica

Government of Saint Lucia
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional monarchy that is a Commonwealth realm with Queen Elizabeth II as head of state, represented locally by a governor-general, located in the West Indies in the eastern Caribbean Sea on the boundary with the Atlantic Ocean
governs: SaintLucia
has jurisdiction: jurisdiction of the Saint Lucia

Government of Saint Vincent and the Grenadines
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional monarchy, with the Queen of Saint Vincent and the Grenadines (Elizabeth II) as head of state represented locally by a governor-general, an Anglo-Caribbean country of several islands in the Lesser Antilles island arc, in the southeast Windward Islands, which lies in the West Indies at the southern end of the eastern border of the Caribbean Sea where the latter meets the Atlantic Ocean
governs: SaintVincentAndTheGrenadines
has jurisdiction: jurisdiction of the Federation of Saint Vincent and the Grenadines

Government of the Cayman Islands
type: NamedIndividual
type: regional government
definition: parliamentary democracy with judicial, executive and legislative branches, and a British Overseas Territory, encompassing 3 islands in the western Caribbean Sea
governs: CaymanIslands
has jurisdiction: jurisdiction of the Cayman Islands

Government of the Commonwealth of Dominica
type: NamedIndividual
type: national government
definition: unitary parliamentary democracy that is an independent republic and member of the Commonwealth of Nations, one of few republics in the Caribbean
governs: Dominica
has jurisdiction: jurisdiction of Dominica

Government of the Commonwealth of the Bahamas
type: NamedIndividual
type: national government
definition: parliamentary constitutional monarchy, with the queen of the Bahamas (Elizabeth II) as head of state represented locally by a governor-general
governs: Bahamas
has jurisdiction: jurisdiction of the Commonwealth of the Bahamas

Government of the the Dominican Republic
type: NamedIndividual
type: national government
definition: unitary presidential republic that occupies the eastern five-eighths of the island of Hispaniola in the Greater Antilles archipelago, which it shares with Haiti
governs: DominicanRepublic
has jurisdiction: jurisdiction of the Dominican Republic

Government of the Federation of Saint Christopher and Nevis
type: NamedIndividual
type: national government
definition: federal parliamentary constitutional monarchy that is a Commonwealth realm with the Queen of Saint Christopher and Nevis (Queen Elizabeth II) as head of state, represented locally by a governor-general, located in the Leeward Islands chain of the Lesser Antilles
governs: SaintKittsAndNevis
has jurisdiction: jurisdiction of the Federation of Saint Christopher and Nevis

Government of the Republic of Cuba
type: NamedIndividual
type: national government
label: Gobierno de la República de Cuba @es
definition: unitary Marxist-Leninist, one party socialist republic that includes the island of Cuba as well as Isla de la Juventud and several minor archipelagos
governs: Cuba
has jurisdiction: jurisdiction of Cuba

Government of the Republic of Haiti
type: NamedIndividual
type: national government
label: Gouvernement de la République d'Haïti @fr
definition: unitary semi-presidential republic located on the island of Hispaniola in the Greater Antilles archipelago
governs: Haiti
has jurisdiction: jurisdiction of Haiti

Government of the Republic of Trinidad and Tobago
type: NamedIndividual
type: national government
definition: unitary parliamentary constitutional republic with a two-party system and a bicameral parliamentary system based on the Westminster System, that is the southernmost island country in the Caribbean
governs: TrinidadAndTobago
has jurisdiction: jurisdiction of the Republic of Trinidad and Tobago

Grenadian entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Grenada
has shared sovereignty over: Grenada
is represented by: Government of Grenada

Haitian entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Haiti
has full sovereignty over: Haiti
is represented by: Government of the Republic of Haiti

Jamaican entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Jamaica
has shared sovereignty over: Jamaica
is represented by: Government of Jamaica

jurisdiction of Antigua and Barbuda
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Eastern Caribbean Supreme Court (based in Saint Lucia; one judge of the Supreme Court is a resident of the islands and presides over the High Court of Justice, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies
has reach: AntiguaAndBarbuda
is jurisdiction of: Government of Antigua and Barbuda

jurisdiction of Barbados
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Barbados, an independent branch of the Barbadian government, subject only to the Barbadian Constitution, including the Magistrates' Court, Supreme Court, and Caribbean Court of Justice
has reach: Barbados
is jurisdiction of: Government of Barbados

jurisdiction of Bermuda
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Bermuda, including the Magistrates' Court, Supreme Court, Court of Appeal, and Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies
has reach: Bermuda
is jurisdiction of: Government of Bermuda

jurisdiction of Cuba
type: NamedIndividual
type: Jurisdiction
label: jurisdicción de la República de Cuba @es
definition: jurisdiction of the judiciary of the Republic of Cuba, including the system of courts that interprets and applies the law in Cuba
has reach: Cuba
is jurisdiction of: Government of the Republic of Cuba

jurisdiction of Dominica
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Commonwealth of Dominica, which is a member of the International Criminal Court, with a Bilateral Immunity Agreement of protection with the US military, as covered under Article 98
has reach: Dominica
is jurisdiction of: Government of the Commonwealth of Dominica

jurisdiction of Grenada
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Grenada, which is part of the Eastern Caribbean States Supreme Court with an associate judge residing in Grenada
has reach: Grenada
is jurisdiction of: Government of Grenada

jurisdiction of Haiti
type: NamedIndividual
type: Jurisdiction
label: juridiction de la République d'Haïti @fr
definition: jurisdiction of the judiciary of Haiti, whose highest court is the Cour de Cassation, assisted by local and civil courts at a communal level
has reach: Haiti
is jurisdiction of: Government of the Republic of Haiti

jurisdiction of Jamaica
type: NamedIndividual
type: Jurisdiction
definition: the jurisdiction of the judiciary of Jamaica, a system based on English common law and local statutes, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies
has reach: Jamaica
is jurisdiction of: Government of Jamaica

jurisdiction of the Saint Lucia
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Saint Lucia, a mixed judicial system based on on both the civil law and English common law
has reach: SaintLucia
is jurisdiction of: Government of Saint Lucia

jurisdiction of the Federation of Saint Vincent and the Grenadines
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Saint Vincent and the Grenadines, which is divided into district courts, the Eastern Caribbean Supreme Court and the Privy Council in London being the court of last resort
has reach: SaintVincentAndTheGrenadines
is jurisdiction of: Government of Saint Vincent and the Grenadines

jurisdiction of the Cayman Islands
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Cayman Islands, a four-tiered judicial system is based on English common law, colonial and local statutes, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies
has reach: CaymanIslands
is jurisdiction of: Government of the Cayman Islands

jurisdiction of the Commonwealth of the Bahamas
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Bahamas, a judicial system based on English common law and local statutes, including the Judicial Committee of the Privy Council (JCPC), which is the highest court of appeal for certain British territories, some Commonwealth countries and a few UK bodies, and which considered a safe jurisdiction as an International Financial Center (IFC), with a legal framework that is in compliance with the standards set by Organization for Economic Cooperation and Development (OECD)
has reach: Bahamas
is jurisdiction of: Government of the Commonwealth of the Bahamas

jurisdiction of the Dominican Republic
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of the Dominican Republic, whose highest court is the Supreme Court of Justice, composed of 16 judges appointed by the National Council of Magistrates, an entity created by the constitutional reform of 1994 to ensure the independence of the Judicial Branch
has reach: DominicanRepublic
is jurisdiction of: Government of the the Dominican Republic

jurisdiction of the Federation of Saint Christopher and Nevis
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Saint Kitts and Nevis, a mixed judicial system based on on both the civil law and English common law
has reach: SaintKittsAndNevis
is jurisdiction of: Government of the Federation of Saint Christopher and Nevis

jurisdiction of the Republic of Trinidad and Tobago
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the judiciary of Trinidad and Tobago, a hierarchical system comprising a Supreme Court of Judicature, a Magistracy and a Family Court, with final appeal on some matters decided by the Judicial Committee of the Privy Council (JCPC)
has reach: TrinidadAndTobago
is jurisdiction of: Government of the Republic of Trinidad and Tobago

Saint Kitts and Nevis entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is the Federation of Saint Christopher and Nevis
has shared sovereignty over: SaintKittsAndNevis
is represented by: Government of the Federation of Saint Christopher and Nevis

Saint Lucian entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Saint Lucia
has shared sovereignty over: SaintLucia
is represented by: Government of Saint Lucia

Saint Vincentian entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is Saint Vincent and the Grenadines (or simply Saint Vincent)
has shared sovereignty over: SaintVincentAndTheGrenadines
is represented by: Government of Saint Vincent and the Grenadines

Trinidadian and Tobagonian entity
type: NamedIndividual
type: sovereign state
definition: soverign state and polity that is the Republic of Trinidad and Tobago
has shared sovereignty over: TrinidadAndTobago
is represented by: Government of the Republic of Trinidad and Tobago

Federal Government of Mexico
type: NamedIndividual
type: federal government
label: Gobierno Federal de México @es-mx
definition: federal presidential constitutional republic with shared sovereignty over the republic with the governments of the 31 individual Mexican states, which functions per the Constitution of the United Mexican States
synonym: Gobierno de la República @es-mx
governs: Mexico
has jurisdiction: Mexican jurisdiction

Mexican entity
type: NamedIndividual
type: federated sovereignty
definition: federated sovereignty and polity that is Mexico
has full sovereignty over: Mexico
has shared sovereignty over: Aguascalientes
has shared sovereignty over: BajaCalifornia
has shared sovereignty over: BajaCaliforniaSur
has shared sovereignty over: Campeche
has shared sovereignty over: Chiapas
has shared sovereignty over: Chihuahua
has shared sovereignty over: CiudadDeMexico
has shared sovereignty over: CoahuilaDeZaragoza
has shared sovereignty over: Colima
has shared sovereignty over: Durango
has shared sovereignty over: Guanajuato
has shared sovereignty over: Guerrero
has shared sovereignty over: Hidalgo
has shared sovereignty over: Jalisco
has shared sovereignty over: Mexico
has shared sovereignty over: MichoacanDeOcampo
has shared sovereignty over: Morelos
has shared sovereignty over: Nayarit
has shared sovereignty over: NuevoLeon
has shared sovereignty over: Oaxaca
has shared sovereignty over: Puebla
has shared sovereignty over: Queretaro
has shared sovereignty over: QuintanaRoo
has shared sovereignty over: SanLuisPotosi
has shared sovereignty over: Sinaloa
has shared sovereignty over: Sonora
has shared sovereignty over: Tabasco
has shared sovereignty over: Tamaulipas
has shared sovereignty over: Tlaxcala
has shared sovereignty over: VeracruzDeIgnacioDeLaLlave
has shared sovereignty over: Yucatan
has shared sovereignty over: Zacatecas
is represented by: Federal Government of Mexico

Mexican jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: jurisdiction of the Supreme Court of Justice of the Nation, including the system of courts that interprets and applies the law at the federal level in Mexico
explanatory note: The Supreme Court of Justice of the Nation (SCJN) is the Mexican institution serving as the country's federal high court and the spearhead organisation for the judiciary of the Mexican Federal Government. It consists of eleven magistrates, known as ministers of the court, one of whom is designated the court's president.
has reach: Mexico
is jurisdiction of: Federal Government of Mexico

American Samoa entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the unincorporated territory and polity of the United States located in the South Pacific Ocean, known as American Samoa
has shared sovereignty over: AmericanSamoa
is represented by: government of American Samoa
explanatory note: American Samoa consists of five main islands and two coral atolls. The largest and most populous island is Tutuila, with the Manu'a Islands, Rose Atoll, and Swains Island also included in the territory. American Samoa is part of the Samoan Islands chain, located west of the Cook Islands, north of Tonga, and some 300 miles (500 km) south of Tokelau.

American Samoa jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US territory of American Samoa
has reach: AmericanSamoa
is jurisdiction of: government of American Samoa

Commonwealth of Puerto Rico entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the unincorporated territory and polity for the Commonwealth of Puerto Rico
has shared sovereignty over: PuertoRico
is represented by: government of Puerto Rico

Commonwealth of the Northern Mariana Islands entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the unincorporated territory and polity for the Commonwealth of the Northern Mariana Islands
has shared sovereignty over: NorthernMarianaIslands
is represented by: government of the Northern Mariana Islands
abbreviation: CMNI

District of Columbia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the federal district and polity that is the US District of Columbia, also known as 'Washington, D.C.', 'Washington', 'the District', and 'D.C.', that is, the capital of the United States
has shared sovereignty over: DistrictOfColumbia
is represented by: District of Columbia government
synonym: Washington, D.C. entity

District of Columbia government
type: NamedIndividual
type: regional government
definition: individual representing the government of the US District of Columbia, also known as Washington, D.C.
governs: DistrictOfColumbia
has jurisdiction: District of Columbia jurisdiction

District of Columbia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US District of Columbia, also known as Washington, D.C.
explanatory note: Article One, Section Eight of the United States Constitution grants the U.S. Congress 'exclusive jurisdiction' over the city. The District did not have an elected local government until the passage of the 1973 Home Rule Act. The Act devolved certain Congressional powers to an elected mayor and the thirteen-member Council of the District of Columbia. However, Congress retains the right to review and overturn laws created by the council and intervene in local affairs. Jurisdiction is shared among numerous federal agencies, the attorney general for the District, and Congress today. Actions requiring litigation in court may be addressed in the District of Columbia Superior Court or Court of Appeals, or in Federal Court, depending on the issue.
has reach: DistrictOfColumbia
is jurisdiction of: District of Columbia government

government of American Samoa
type: NamedIndividual
type: regional government
definition: individual representing the government of the US territory of American Samoa
governs: AmericanSamoa
has jurisdiction: American Samoa jurisdiction

government of Guam
type: NamedIndividual
type: regional government
definition: individual representing the government of the US territory of Guam
governs: Guam
has jurisdiction: Guam jurisdiction

government of the Northern Mariana Islands
type: NamedIndividual
type: regional government
definition: individual representing the government of the US territory of the Commonwealth of the Northern Mariana Islands
governs: NorthernMarianaIslands
has jurisdiction: Northern Mariana Islands jurisdiction

government of Puerto Rico
type: NamedIndividual
type: regional government
definition: individual representing the government of the US territory of the Commonwealth of Puerto Rico
governs: PuertoRico
has jurisdiction: Puerto Rico jurisdiction

government of the Virgin Islands (USA)
type: NamedIndividual
type: regional government
definition: individual representing the government of the US territory of the Virgin Islands
governs: VirginIslands
has jurisdiction: Virgin Islands jurisdiction (USA)

Guam entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the unincorporated territory and polity for the island of Guam
has shared sovereignty over: Guam
is represented by: government of Guam

Guam jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US territory of Guam
has reach: Guam
is jurisdiction of: government of Guam

Northern Mariana Islands jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US territory of the Commonwealth of the Northern Mariana Islands
has reach: NorthernMarianaIslands
is jurisdiction of: government of the Northern Mariana Islands

Puerto Rico jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US territory of the Commonwealth of Puerto Rico
has reach: PuertoRico
is jurisdiction of: government of Puerto Rico

State of Alabama entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Alabama
has shared sovereignty over: Alabama
is represented by: State of Alabama government

State of Alabama government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Alabama
governs: Alabama
has jurisdiction: State of Alabama jurisdiction

State of Alabama jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Alabama, i.e., that of the Supreme Court of Alabama and Alabama's Unified Judicial System
has reach: Alabama
is jurisdiction of: State of Alabama government

State of Alaska entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Alaska
has shared sovereignty over: Alaska
is represented by: State of Alaska government

State of Alaska government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Alaska
governs: Alaska
has jurisdiction: State of Alaska jurisdiction

State of Alaska jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Alaska, i.e., that of the Alaska Supreme Court and Alaska Court System
has reach: Alaska
is jurisdiction of: State of Alaska government

State of Arizona entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Arizona
has shared sovereignty over: Arizona
is represented by: State of Arizona government

State of Arizona government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Arizona
governs: Arizona
has jurisdiction: State of Arizona jurisdiction

State of Arizona jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Arizona, i.e., that of the Arizona Supreme Court and Arizona Judicial System
has reach: Arizona
is jurisdiction of: State of Arizona government

State of Arkansas entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Arkansas
has shared sovereignty over: Arkansas
is represented by: State of Arkansas government

State of Arkansas government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Arkansas
governs: Arkansas
has jurisdiction: State of Arkansas jurisdiction

State of Arkansas jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Arkansas, i.e., that of the Arkansas Supreme Court and Judiciary System
has reach: Arkansas
is jurisdiction of: State of Arkansas government

State of California entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of California
has shared sovereignty over: California
is represented by: State of California government

State of California government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of California
governs: California
has jurisdiction: State of California jurisdiction

State of California jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of California, i.e., that of the California Supreme Court and Judiciary of California
has reach: California
is jurisdiction of: State of California government

State of Colorado entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Colorado
has shared sovereignty over: Colorado
is represented by: State of Colorado government

State of Colorado government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Colorado
governs: Colorado
has jurisdiction: State of Colorado jurisdiction

State of Colorado jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Colorado, i.e., that of the Colorado Supreme Court and Colorado Judicial System
has reach: Colorado
is jurisdiction of: State of Colorado government

State of Connecticut entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Connecticut
has shared sovereignty over: Connecticut
is represented by: State of Connecticut government

State of Connecticut government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Connecticut
governs: Connecticut
has jurisdiction: State of Connecticut jurisdiction

State of Connecticut jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Connecticut, i.e., that of the Connecticut Supreme Court and State of Connecticut Judicial System
has reach: Connecticut
is jurisdiction of: State of Connecticut government

State of Delaware entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Delaware
has shared sovereignty over: Delaware
is represented by: State of Delaware government

State of Delaware government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Delaware
governs: Delaware
has jurisdiction: State of Delaware jurisdiction

State of Delaware jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Delaware, i.e., that of the Delaware Supreme Court, Court of Chancery, and Judiciary System
has reach: Delaware
is jurisdiction of: State of Delaware government

State of Florida entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Florida
has shared sovereignty over: Florida
is represented by: State of Florida government

State of Florida government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Florida
governs: Florida
has jurisdiction: State of Florida jurisdiction

State of Florida jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Florida, i.e., that of the Florida Supreme Court and State Courts System of Florida
has reach: Florida
is jurisdiction of: State of Florida government

State of Georgia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Georgia
has shared sovereignty over: Georgia
is represented by: State of Georgia government

State of Georgia government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Georgia
governs: Georgia
has jurisdiction: State of Georgia jurisdiction

State of Georgia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Georgia, i.e., that of the Supreme Court of Georgia and Judiciary System
has reach: Georgia
is jurisdiction of: State of Georgia government

State of Hawai'i entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Hawai'i
has shared sovereignty over: Hawaii
is represented by: State of Hawai'i government

State of Hawai'i government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Hawai'i
governs: Hawaii
has jurisdiction: State of Hawai'i jurisdiction

State of Hawai'i jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Hawai'i, i.e., that of the Hawai'i Supreme Court and Hawai'i State Judiciary
has reach: Hawaii
is jurisdiction of: State of Hawai'i government

State of Idaho entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Idaho
has shared sovereignty over: Idaho
is represented by: State of Idaho government

State of Idaho government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Idaho
governs: Idaho
has jurisdiction: State of Idaho jurisdiction

State of Idaho jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Idaho, i.e., that of the Idaho Supreme Court and Judiciary
has reach: Idaho
is jurisdiction of: State of Idaho government

State of Illinois entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Illinois
has shared sovereignty over: Illinois
is represented by: State of Illinois government

State of Illinois government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Illinois
governs: Illinois
has jurisdiction: State of Illinois jurisdiction

State of Illinois jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Illinois, i.e., that of the Illinois Supreme Court and Judiciary
has reach: Illinois
is jurisdiction of: State of Illinois government

State of Indiana entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Indiana
has shared sovereignty over: Indiana
is represented by: State of Indiana government

State of Indiana government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Indiana
governs: Indiana
has jurisdiction: State of Indiana jurisdiction

State of Indiana jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Indiana, i.e., that of the Indiana Supreme Court and Judiciary
has reach: Indiana
is jurisdiction of: State of Indiana government

State of Iowa entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Iowa
has shared sovereignty over: Iowa
is represented by: State of Iowa government

State of Iowa government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Iowa
governs: Iowa
has jurisdiction: State of Iowa jurisdiction

State of Iowa jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Iowa, i.e., that of the Iowa Supreme Court and Judiciary
has reach: Iowa
is jurisdiction of: State of Iowa government

State of Kansas entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Kansas
has shared sovereignty over: Kansas
is represented by: State of Kansas government

State of Kansas government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Kansas
governs: Kansas
has jurisdiction: State of Kansas jurisdiction

State of Kansas jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Kansas, i.e., that of the Kansas Supreme Court and Judiciary
has reach: Kansas
is jurisdiction of: State of Kansas government

State of Kentucky entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Kentucky
has shared sovereignty over: Kentucky
is represented by: State of Kentucky government

State of Kentucky government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Kentucky
governs: Kentucky
has jurisdiction: State of Kentucky jurisdiction

State of Kentucky jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Kansas, i.e., that of the Kentucky Supreme Court and Judiciary
has reach: Kentucky
is jurisdiction of: State of Kentucky government

State of Louisiana entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Louisiana
has shared sovereignty over: Louisiana
is represented by: State of Louisiana government

State of Louisiana government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Louisiana
governs: Louisiana
has jurisdiction: State of Louisiana jurisdiction

State of Louisiana jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Louisiana, i.e., that of the Louisiana Supreme Court and Judiciary
has reach: Louisiana
is jurisdiction of: State of Louisiana government

State of Maine entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Maine
has shared sovereignty over: Maine
is represented by: State of Maine government

State of Maine government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Maine
governs: Maine
has jurisdiction: State of Maine jurisdiction

State of Maine jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Maine, i.e., that of the Maine Supreme Court and Judiciary
has reach: Maine
is jurisdiction of: State of Maine government

State of Maryland entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Maryland
has shared sovereignty over: Maryland
is represented by: State of Maryland government

State of Maryland government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the State of Maryland
governs: Maryland
has jurisdiction: State of Maryland jurisdiction

State of Maryland jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Maryland, i.e., that of the Maryland Court of Appeals and Judiciary
has reach: Maryland
is jurisdiction of: State of Maryland government

State of Massachusetts entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of (Commonwealth of) Massachusetts
has shared sovereignty over: Massachusetts
is represented by: State of Massachusetts government

State of Massachusetts government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the Commonwealth of Massachusetts
governs: Massachusetts
has jurisdiction: State of Massachusetts jurisdiction

State of Massachusetts jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of (Commonwealth of) Massachusetts, i.e., that of the Massachusetts Supreme Judicial Court and Judiciary
has reach: Massachusetts
is jurisdiction of: State of Massachusetts government

State of Michigan entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Michigan
has shared sovereignty over: Michigan
is represented by: State of Michigan government

State of Michigan government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Michigan
governs: Michigan
has jurisdiction: State of Michigan jurisdiction

State of Michigan jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Michigan, i.e., that of the Michigan Supreme Court and Judiciary
has reach: Michigan
is jurisdiction of: State of Michigan government

State of Minnesota entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Minnesota
has shared sovereignty over: Minnesota
is represented by: State of Minnesota government

State of Minnesota government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Minnesota
governs: Minnesota
has jurisdiction: State of Minnesota jurisdiction

State of Minnesota jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Minnesota, i.e., that of the Minnesota Supreme Court and Judiciary
has reach: Minnesota
is jurisdiction of: State of Minnesota government

State of Mississippi entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Mississippi
has shared sovereignty over: Mississippi
is represented by: State of Mississippi government

State of Mississippi government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Mississippi
governs: Mississippi
has jurisdiction: State of Mississippi jurisdiction

State of Mississippi jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Mississippi, i.e., that of the Mississippi Supreme Court and Judiciary
has reach: Mississippi
is jurisdiction of: State of Mississippi government

State of Missouri entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Missouri
has shared sovereignty over: Missouri
is represented by: State of Missouri government

State of Missouri government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Missouri
governs: Missouri
has jurisdiction: State of Missouri jurisdiction

State of Missouri jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Missouri, i.e., that of the Missouri Supreme Court and Judiciary
has reach: Missouri
is jurisdiction of: State of Missouri government

State of Montana entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Montana
has shared sovereignty over: Montana
is represented by: State of Montana government

State of Montana government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Montana
governs: Montana
has jurisdiction: State of Montana jurisdiction

State of Montana jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Montana, i.e., that of the Montana Supreme Court and Judiciary
has reach: Montana
is jurisdiction of: State of Montana government

State of Nebraska entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Nebraska
has shared sovereignty over: Nebraska
is represented by: State of Nebraska government

State of Nebraska government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Nebraska
governs: Nebraska
has jurisdiction: State of Nebraska jurisdiction

State of Nebraska jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Nebraska, i.e., that of the Nebraska Supreme Court and Judiciary
has reach: Nebraska
is jurisdiction of: State of Nebraska government

State of Nevada entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Nevada
has shared sovereignty over: Nevada
is represented by: State of Nevada government

State of Nevada government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Nevada
governs: Nevada
has jurisdiction: State of Nevada jurisdiction

State of Nevada jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Nevada, i.e., that of the Nevada Supreme Court and Judiciary
has reach: Nevada
is jurisdiction of: State of Nevada government

State of New Hampshire entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of New Hampshire
has shared sovereignty over: NewHampshire
is represented by: State of New Hampshire government

State of New Hampshire government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of New Hampshire
governs: NewHampshire
has jurisdiction: State of New Hampshire jurisdiction

State of New Hampshire jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of New Hampshire, i.e., that of the New Hampshire Supreme Court and Judiciary
has reach: NewHampshire
is jurisdiction of: State of New Hampshire government

State of New Jersey entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of New Jersey
has shared sovereignty over: NewJersey
is represented by: State of New Jersey government

State of New Jersey government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of New Jersey
governs: NewJersey
has jurisdiction: State of New Jersey jurisdiction

State of New Jersey jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of New Jersey, i.e., that of the New Jersey Supreme Court and Judiciary
has reach: NewJersey
is jurisdiction of: State of New Jersey government

State of New Mexico entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of New Mexico
has shared sovereignty over: NewMexico
is represented by: State of New Mexico government

State of New Mexico government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of New Mexico
governs: NewMexico
has jurisdiction: State of New Mexico jurisdiction

State of New Mexico jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of New Mexico, i.e., that of the New Mexico Supreme Court and Judiciary
has reach: NewMexico
is jurisdiction of: State of New Mexico government

State of New York entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of New York
has shared sovereignty over: NewYork
is represented by: State of New York government

State of New York government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of New York
governs: NewYork
has jurisdiction: State of New York jurisdiction

State of New York jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of New York, i.e., that of the New York Supreme Court and Judiciary
has reach: NewYork
is jurisdiction of: State of New York government

State of North Carolina entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of North Carolina
has shared sovereignty over: NorthCarolina
is represented by: State of North Carolina government

State of North Carolina government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of North Carolina
governs: NorthCarolina
has jurisdiction: State of North Carolina jurisdiction

State of North Carolina jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of North Carolina, i.e., that of the North Carolina Supreme Court and Judiciary
has reach: NorthCarolina
is jurisdiction of: State of North Carolina government

State of North Dakota entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of North Dakota
has shared sovereignty over: NorthDakota
is represented by: State of North Dakota government

State of North Dakota government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of North Dakota
governs: NorthDakota
has jurisdiction: State of North Dakota jurisdiction

State of North Dakota jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of North Dakota, i.e., that of the North Dakota Supreme Court and Judiciary
has reach: NorthDakota
is jurisdiction of: State of North Dakota government

State of Ohio entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Ohio
has shared sovereignty over: Ohio
is represented by: State of Ohio government

State of Ohio government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Ohio
governs: Ohio
has jurisdiction: State of Ohio jurisdiction

State of Ohio jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Ohio, i.e., that of the Ohio Supreme Court and Judiciary
has reach: Ohio
is jurisdiction of: State of Ohio government

State of Oklahoma entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Oklahoma
has shared sovereignty over: Oklahoma
is represented by: State of Oklahoma government

State of Oklahoma government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Oklahoma
governs: Oklahoma
has jurisdiction: State of Oklahoma jurisdiction

State of Oklahoma jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Oklahoma, i.e., that of the Oklahoma Supreme Court and Judiciary
has reach: Oklahoma
is jurisdiction of: State of Oklahoma government

State of Oregon entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Oregon
has shared sovereignty over: Oregon
is represented by: State of Oregon government

State of Oregon government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Oregon
governs: Oregon
has jurisdiction: State of Oregon jurisdiction

State of Oregon jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Oregon, i.e., that of the Oregon Supreme Court and Judiciary
has reach: Oregon
is jurisdiction of: State of Oregon government

State of Pennsylvania entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Pennsylvania
has shared sovereignty over: Pennsylvania
is represented by: State of Pennsylvania government
synonym: Commonwealth of Pennsylvania entity

State of Pennsylvania government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Pennsylvania
synonym: Commonwealth of Pennsylvania government
governs: Pennsylvania
has jurisdiction: State of Pennsylvania jurisdiction

State of Pennsylvania jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Pennsylvania, i.e., that of the Pennsylvania Supreme Court and Judiciary
synonym: Commonwealth of Pennsylvania jurisdiction
has reach: Pennsylvania
is jurisdiction of: State of Pennsylvania government

State of Rhode Island entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Rhode Island
has shared sovereignty over: RhodeIsland
is represented by: State of Rhode Island government

State of Rhode Island government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Rhode Island
governs: RhodeIsland
has jurisdiction: State of Rhode Island jurisdiction

State of Rhode Island jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Rhode Island, i.e., that of the Rhode Island Supreme Court and Judiciary
has reach: RhodeIsland
is jurisdiction of: State of Rhode Island government

State of South Carolina entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of South Carolina
has shared sovereignty over: SouthCarolina
is represented by: State of South Carolina government

State of South Carolina government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of South Carolina
governs: SouthCarolina
has jurisdiction: State of South Carolina jurisdiction

State of South Carolina jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of South Carolina, i.e., that of the South Carolina Supreme Court and Judiciary
has reach: SouthCarolina
is jurisdiction of: State of South Carolina government

State of South Dakota entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of South Dakota
has shared sovereignty over: SouthDakota
is represented by: State of South Dakota government

State of South Dakota government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of South Dakota
governs: SouthDakota
has jurisdiction: State of South Dakota jurisdiction

State of South Dakota jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of South Dakota, i.e., that of the South Dakota Supreme Court and Judiciary
has reach: SouthDakota
is jurisdiction of: State of South Dakota government

State of Tennessee entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Tennessee
has shared sovereignty over: Tennessee
is represented by: State of Tennessee government

State of Tennessee government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Tennessee
governs: Tennessee
has jurisdiction: State of Tennessee jurisdiction

State of Tennessee jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Tennessee, i.e., that of the Tennessee Supreme Court and Judiciary
has reach: Tennessee
is jurisdiction of: State of Tennessee government

State of Texas entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Texas
has shared sovereignty over: Texas
is represented by: State of Texas government

State of Texas government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Texas
governs: Texas
has jurisdiction: State of Texas jurisdiction

State of Texas jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Texas, i.e., that of the Texas Supreme Court and Judiciary
has reach: Texas
is jurisdiction of: State of Texas government

State of Utah entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Utah
has shared sovereignty over: Utah
is represented by: State of Utah government

State of Utah government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Utah
governs: Utah
has jurisdiction: State of Utah jurisdiction

State of Utah jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Utah, i.e., that of the Utah Supreme Court and Judiciary
has reach: Utah
is jurisdiction of: State of Utah government

State of Vermont entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Vermont
has shared sovereignty over: Vermont
is represented by: State of Vermont government

State of Vermont government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Vermont
governs: Vermont
has jurisdiction: State of Vermont jurisdiction

State of Vermont jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Vermont, i.e., that of the Vermont Supreme Court and Judiciary
has reach: Vermont
is jurisdiction of: State of Vermont government

State of Virginia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Virginia
has shared sovereignty over: Virginia
is represented by: State of Virginia government
synonym: Commonwealth of Virginia entity

State of Virginia government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Virginia
synonym: Commonwealth of Virginia government
governs: Virginia
has jurisdiction: State of Virginia jurisdiction

State of Virginia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Virginia, i.e., that of the Virginia Supreme Court and Judiciary
synonym: Commonwealth of Virginia jurisdiction
has reach: Virginia
is jurisdiction of: State of Virginia government

State of Washington entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Washington
has shared sovereignty over: Washington
is represented by: State of Washington government

State of Washington government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Washington
governs: Washington
has jurisdiction: State of Washington jurisdiction

State of Washington jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Washington, i.e., that of the Washington Supreme Court and Judiciary
has reach: Washington
is jurisdiction of: State of Washington government

State of West Virginia entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of West Virginia
has shared sovereignty over: WestVirginia
is represented by: State of West Virginia government

State of West Virginia government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of West Virginia
governs: WestVirginia
has jurisdiction: State of West Virginia jurisdiction

State of West Virginia jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of West Virginia, i.e., that of the West Virginia Supreme Court and Judiciary
has reach: WestVirginia
is jurisdiction of: State of West Virginia government

State of Wisconsin entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Wisconsin
has shared sovereignty over: Wisconsin
is represented by: State of Wisconsin government

State of Wisconsin government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Wisconsin
governs: Wisconsin
has jurisdiction: State of Wisconsin jurisdiction

State of Wisconsin jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Wisconsin, i.e., that of the Wisconsin Supreme Court and Judiciary
has reach: Wisconsin
is jurisdiction of: State of Wisconsin government

State of Wyoming entity
type: NamedIndividual
type: regional sovereignty
definition: individual representing the regional sovereignty and polity that is the US State of Wyoming
has shared sovereignty over: Wyoming
is represented by: State of Wyoming government

State of Wyoming government
type: NamedIndividual
type: regional government
definition: individual representing the regional government of the US State of Wyoming
governs: Wyoming
has jurisdiction: State of Wyoming jurisdiction

State of Wyoming jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the overall jurisdiction for the US State of Wyoming, i.e., that of the Wyoming Supreme Court and Judiciary
has reach: Wyoming
is jurisdiction of: State of Wyoming government

United States entity
type: NamedIndividual
type: federated sovereignty
definition: individual representing the federated sovereignty and polity that is the United States of America
has full sovereignty over: UnitedStatesOfAmerica
has shared sovereignty over: Alabama
has shared sovereignty over: Alaska
has shared sovereignty over: AmericanSamoa
has shared sovereignty over: Arizona
has shared sovereignty over: Arkansas
has shared sovereignty over: California
has shared sovereignty over: Colorado
has shared sovereignty over: Connecticut
has shared sovereignty over: Delaware
has shared sovereignty over: DistrictOfColumbia
has shared sovereignty over: Florida
has shared sovereignty over: Georgia
has shared sovereignty over: Guam
has shared sovereignty over: Hawaii
has shared sovereignty over: Idaho
has shared sovereignty over: Illinois
has shared sovereignty over: Indiana
has shared sovereignty over: Iowa
has shared sovereignty over: Kansas
has shared sovereignty over: Kentucky
has shared sovereignty over: Louisiana
has shared sovereignty over: Maine
has shared sovereignty over: Maryland
has shared sovereignty over: Massachusetts
has shared sovereignty over: Michigan
has shared sovereignty over: Minnesota
has shared sovereignty over: Mississippi
has shared sovereignty over: Missouri
has shared sovereignty over: Montana
has shared sovereignty over: Nebraska
has shared sovereignty over: Nevada
has shared sovereignty over: NewHampshire
has shared sovereignty over: NewJersey
has shared sovereignty over: NewMexico
has shared sovereignty over: NewYork
has shared sovereignty over: NorthCarolina
has shared sovereignty over: NorthDakota
has shared sovereignty over: NorthernMarianaIslands
has shared sovereignty over: Ohio
has shared sovereignty over: Oklahoma
has shared sovereignty over: Oregon
has shared sovereignty over: Pennsylvania
has shared sovereignty over: PuertoRico
has shared sovereignty over: RhodeIsland
has shared sovereignty over: SouthCarolina
has shared sovereignty over: SouthDakota
has shared sovereignty over: Tennessee
has shared sovereignty over: Texas
has shared sovereignty over: UnitedStatesMinorOutlyingIslands
has shared sovereignty over: Utah
has shared sovereignty over: Vermont
has shared sovereignty over: VirginIslands
has shared sovereignty over: Virginia
has shared sovereignty over: Washington
has shared sovereignty over: WestVirginia
has shared sovereignty over: Wisconsin
has shared sovereignty over: Wyoming
is represented by: United States federal government

United States federal government
type: NamedIndividual
type: federal government
definition: individual representing the federal government of the United States of America
governs: UnitedStatesOfAmerica
has jurisdiction: United States jurisdiction

United States jurisdiction
type: NamedIndividual
type: Jurisdiction
definition: individual representing the federal jurisdiction of the United States of America
adapted from: http://en.wikipedia.org/wiki/Federal_jurisdiction_(United_States)
adapted from: http://www.uscourts.gov/about-federal-courts
explanatory note: The United States of America is a federal republic governed by the U.S. Constitution containing fifty states and a federal district which elect the president, and having other territories and possessions in its national jurisdiction. This government is known as the Union, the United States, or the federal government. Federal jurisdiction refers to the legal scope of the government's powers. Under the Constitution and various treaties, the legal jurisdiction of the United States includes territories and territorial waters.
has reach: UnitedStatesOfAmerica
is jurisdiction of: United States federal government

Virgin Islands entity (USA)
type: NamedIndividual
type: regional sovereignty
definition: individual representing the unincorporated territory and polity for the Virgin Islands (USA)
has shared sovereignty over: VirginIslands
is represented by: government of the Virgin Islands (USA)

Virgin Islands jurisdiction (USA)
type: NamedIndividual
type: Jurisdiction
definition: individual representing the jurisdiction of the US territory of the Virgin Islands
has reach: VirginIslands
is jurisdiction of: government of the Virgin Islands (USA)

benefit corporation
type: Class
subclass of: not-for-profit corporation
definition: not-for-profit corporation set up under specific state legislation, typically to provide some social benefit, without an obligation to maximize shareholder return
explanatory note: This is a US-specific type of non-profit corporation defined in recent legislation in a number of states. In California, for example, benefit corporations may be defined as public benefit or mutual benefit corporations, depending on their purpose.

common interest development corporation
type: Class
subclass of: not-for-profit corporation
definition: not-for-profit corporation set up under specific state legislation as a business entity for homeowners' associations
example: http://www.dre.ca.gov/files/pdf/re39.pdf
explanatory note: A common interest development is typically a type of housing, composed of individually owned units, such as condominiums, townhouses, or single-family homes, that share ownership of common areas, such as swimming pools, landscaping, and parking. Common interest developments (also known as community interest developments or CIDs) are managed by homeowners' associations.

corporation
type: Class
subclass of: LegalEntity
subclass of: Restriction
  on property: is constituted by
  on class: instrument of incorporation
  min qualified cardinality: 0
subclass of: Restriction
  on property: is incorporated in
  on class: Jurisdiction
  qualified cardinality: 1
subclass of: Restriction
  on property: hasLegalName
  some values from: string
definition: formal organization that is a legal entity (artificial person) distinct from its owners, created under the jurisdiction of the laws of a state or nation
explanatory note: A corporation has three distinguishing characteristics: (1) separation of ownership from management and general liability, i.e., its liability to creditors is limited to its resources, unlike some partnerships and sole proprietorships, (2) the ability to negotiate contracts and own property, and (3) transferable ownership, irrespective of changes in membership or the lifetimes of its stockholders.
explanatory note: A corporation is managed by or under the direction of a board of directors, which generally determines corporate policy. Officers manage the day-to-day affairs of the corporation.
synonym: body corporate

for profit corporation
type: Class
subclass of: corporation
subclass of: Restriction
  on property: hasObjective
  on class: profit objective
  min qualified cardinality: 0
disjoint with: not-for-profit corporation
definition: corporation whose objective is to make money, i.e., to ensure realization of a financial benefit such that the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity

incorporation guarantee
type: Class
subclass of: Constitution
subclass of: Restriction
  on property: isProvidedBy
  cardinality: 1
subclass of: Restriction
  on property: hasNotionalAmount
  on class: MonetaryAmount
  qualified cardinality: 1
definition: guarantee that is part of the financial basis by which some legal entity is incorporated

instrument of incorporation
type: Class
subclass of: Constitution
subclass of: Restriction
  on property: isGovernedBy
  on class: Jurisdiction
  qualified cardinality: 1
definition: memorandum and articles of association by which some legal entity is established
explanatory note: This may be the issuance of shares, the existence of some agreement, guaranties and so on.

not-for-profit corporation
type: Class
subclass of: corporation
subclass of: not for profit organization
definition: corporation approved by its jurisdictional oversight and tax authorities as operating for educational, charitable, social, religious, civic or humanitarian purposes
explanatory note: A not-for-profit corporation is formed by incorporators, and has a board of directors and officers, but no shareholders. These incorporators, directors and officers may not receive a distribution of (any money from) profits, but officers and management may be paid reasonable salaries for services to the corporation.
synonym: non-profit corporation

stock corporation
type: Class
subclass of: corporation
subclass of: Restriction
  on property: has date of registration
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has issued capital
  on class: MonetaryAmount
  qualified cardinality: 1
subclass of: Restriction
  on property: has date of incorporation
  on class: ExplicitDate
  qualified cardinality: 1
subclass of: Restriction
  on property: isGovernedBy
  some values from: board agreement
definition: corporation that has shareholders, each of whom receives a portion of the ownership of the corporation through shares of stock
adapted from: https://www.oecd.org/corporate/OECD-Corporate-Governance-Factbook.pdf
explanatory note: The shares in a stock corporation may receive a return on their investment in the form of dividends. Shares are used for voting on matters of corporate policy or to elect directors, at the corporation's annual meeting and at other meetings of the corporation.

is constituted by
type: ObjectProperty
domain: corporation
range: Constitution
definition: the instrument by which an entity is incorporated

is incorporated in
type: ObjectProperty
sub property of: isOrganizedIn
domain: corporation
range: Jurisdiction
definition: the legal jurisdiction under which the legal entity is incorporated
explanatory note: It is the laws of this jurisdiction that cause and allow the legal entity to exist and to incur debt and be sued at law as a legal entity.

branch
type: Class
subclass of: OrganizationalSubUnit
definition: part of a larger organization that might not be co-located with it

division
type: Class
subclass of: OrganizationalSubUnit
definition: part of an organization, such as a line of business, that may have separate accounting and reporting requirements

joint venture
type: Class
subclass of: LegalEntity
definition: legal entity that is formed between parties that pool their resources for the purpose of accomplishing a specific task but otherwise retain their distinct identities
explanatory note: In a joint venture, each of the participants is responsible for profits, losses, and costs associated with it. However, the venture is its own entity, separate from the participants' other business interests.

non-governmental organization
type: Class
subclass of: not for profit organization
subclass of: Restriction
  on property: hasObjective
  on class: public purpose
  min qualified cardinality: 0
definition: not-for-profit organization that functions independently of government
abbreviation: NGO
explanatory note: NGOs, sometimes called civil societies, are organized on community, national and international levels to serve specific social or political purposes, and are cooperative, rather than commercial, in nature.
explanatory note: Some NGOs avoid formal funding altogether and are run primarily by volunteers. NGOs are highly diverse groups of organizations engaged in a wide range of activities, and take different forms in different parts of the world. Some may have charitable status, while others may be registered for tax exemption based on recognition of social purposes. Others may be fronts for political, religious, or other interests.

not for profit organization
type: Class
subclass of: FormalOrganization
subclass of: Restriction
  on property: hasObjective
  on class: not for profit objective
  min qualified cardinality: 0
definition: organization that uses its surplus revenues to further achieve its purpose rather than distributing its surplus income to the organization's owners (directors, investors, and equivalents) as profit / dividends
explanatory note: In the US, a nonprofit organization is an association that explicitly is not required to pay taxes on its income. Such organizations are qualified for this exemption due to their socially desirable objective (e.g. hospitals, charitable organizations, etc., or because they meet some set of requirements as determined by the US Internal Revenue Service.
explanatory note: The nonprofit landscape is highly varied, although many people have come to associate NPOs with charitable organizations. Although charities do comprise an often high profile or visible aspect of the sector, there are many other types of nonprofits. Overall, they tend to be either member-serving or community-serving. Member-serving organizations include mutual societies, cooperatives, trade unions, credit unions, industry associations, sports clubs, retired serviceman's clubs and other organizations that benefit a particular group of people - the members of the organization. Typically, community-serving organizations are focused on providing services to the community in general, either globally or locally: organizations delivering human services programs or projects, aid and development programs, medical research, education and health services, and so on.
synonym: non-profit organization

organization covering agreement
type: Class
subclass of: WrittenContract
definition: contract between the principals in a formal organization that specifies the relationship between the principals, and between the principals and the entity
explanatory note: Also covers the aims and purposes of the Entity.

value-added tax identification number
type: Class
subclass of: TaxIdentifier
subclass of: OrganizationIdentifier
subclass of: RegisteredIdentifier
definition: tax identifier that identifies a taxable person (business) or non-taxable legal entity for a consumption tax that is assessed incrementally, levied on the price of a product or service at each stage of production, distribution, and sale to the end consumer
abbreviation: VATIN
adapted from: https://ec.europa.eu/taxation_customs/business/vat/eu-vat-rules-topic/vat-identification-numbers_en
explanatory note: If the ultimate consumer is a business that collects and pays to the government VAT on its products or services, it can reclaim the tax paid. Not all localities require VAT to be charged, and exports are often exempt. VAT is usually implemented as a destination-based tax, where the tax rate is based on the location of the consumer and applied to the sales price.
synonym: VAT identification number
synonym: VAT registration number

has equity
type: ObjectProperty
sub property of: hasExpression
domain: LegalEntity
range: OwnersEquity
definition: indicates owners' equity associated with the entity

has headquarters address
type: ObjectProperty
sub property of: has operating address
range: PhysicalAddress
definition: indicates the main address at which communications may be delivered for the organization
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has operating address
type: ObjectProperty
sub property of: hasAddress
domain: Organization
range: PhysicalAddress
definition: indicates an address at which an organization carries out operations

has registered address
type: ObjectProperty
sub property of: hasAddress
domain: Party
range: ConventionalStreetAddress
definition: identifies an address that is officially recorded with some government authority and at which legal papers may be served

accounting framework
type: Class
subclass of: relationship qualifier
definition: framework, including policies, methods, rules, and processes, used to measure, recognize, present, and disclose the information appearing in an entity's financial statements, and, from a legal ownership perspective, that is applied for accounting consolidation determination
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

accounting period
type: NamedIndividual
type: relationship period qualifier
definition: qualifier indicating that the relationship period reflects the period of time covered by the most recent validation documents from an accounting perspective for this relationship
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

contractually capable entity
type: Class
subclass of: AgentRole
subclass of: Restriction
  on property: isPlayedBy
  on class: LegalEntity
  qualified cardinality: 1
definition: a unique entity that is legally or financially responsible for the performance of financial transactions, or has the legal right in its jurisdiction to enter independently into legal contracts, regardless of whether it is incorporated or constituted in some other way (e.g. trust, partnership, contractual). This excludes natural persons, but includes governmental organizations and supranationals.
adapted from: ISO 17442

document filing period
type: NamedIndividual
type: relationship period qualifier
definition: a qualifier indicating that the relationship period reflects the validity period for any regulatory filing, accounting document, other document demonstrating the relationship's validity
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

entity legal form
type: Class
subclass of: Classifier
subclass of: Restriction
  on property: has legal form abbreviation
  min qualified cardinality: 0
  on data range: Text
subclass of: Restriction
  on property: has transliterated legal form abbreviation
  min qualified cardinality: 0
  on data range: Text
subclass of: Restriction
  on property: has transliterated name
  min qualified cardinality: 0
  on data range: Text
subclass of: Restriction
  on property: hasTextualName
  min qualified cardinality: 0
  on data range: Text
subclass of: Restriction
  on property: classifies
  some values from: LegalPerson
subclass of: Restriction
  on property: isApplicableIn
  some values from: Jurisdiction
subclass of: Restriction
  on property: isDefinedIn
  some values from: entity legal form scheme
definition: a classifier for a legal entity that indicates the nature of that entity as defined from a legal or regulatory perspective, in the jurisdiction in which it was established
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
adapted from: https://www.iso.org/obp/ui/#iso:std:iso:20275:ed-1:v1:en

entity legal form identifier
type: Class
subclass of: CodeElement
subclass of: Restriction
  on property: denotes
  on class: entity legal form
  qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  some values from: entity legal form scheme
definition: code that denotes an entity legal form as defined in ISO 20275
adapted from: https://www.gleif.org/en/about-lei/code-lists/iso-20275-entity-legal-forms-code-list
adapted from: https://www.iso.org/obp/ui/#iso:std:iso:20275:ed-1:v1:en

entity legal form scheme
type: Class
subclass of: ClassificationScheme
subclass of: CodeSet
subclass of: Restriction
  on property: defines
  some values from: entity legal form identifier
definition: scheme that specifies the elements of the codes for entity legal forms, such as those that are sanctioned in a given jurisdiction as defined in ISO 20725
adapted from: https://www.gleif.org/en/about-lei/code-lists/iso-20275-entity-legal-forms-code-list
adapted from: https://www.iso.org/obp/ui/#iso:std:iso:20275:ed-1:v1:en

Generally Accepted Accounting Principles
type: NamedIndividual
type: accounting framework
definition: an accounting framework developed by the US Financial Accounting Standards Board (FASB)
abbreviation: GAAP
abbreviation: US GAAP
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

ISO 17442 code set
type: NamedIndividual
type: legal entity identifier scheme
definition: the set of legal entity identifiers that comprise the ISO 17442 legal entity identifier specification
synonym: GLEIF LEI CDF v2.1 legal entity identifier (LEI) code set

ISO 20275 code set
type: NamedIndividual
type: entity legal form scheme
definition: the set of entity legal form identifiers that comprise the ISO 20275 entity legal form specification
synonym: entity legal form (ELF) code set

International Financial Reporting Standard
type: NamedIndividual
type: accounting framework
definition: an accounting framework developed by the International Accounting Standards Board (IASB)
abbreviation: IFRS
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

LEI registered entity
type: Class
subclass of: LegalPerson
equivalent class: Restriction
  on property: isIdentifiedBy
  some values from: legal entity identifier
definition: a legal person that has registered for and is identified by a legal entity identifier
explanatory note: Note that the GLEIF data includes multiple LEIs for some entities due to corporate actions or other situations. The duplicates are typically archived after some period of time, but in order to reflect the reality in the data, the restriction is modeled as someValuesFrom rather than exactly 1 LEI for a given entity.

legal entity identifier
type: Class
subclass of: OrganizationIdentifier
subclass of: RegisteredIdentifier
subclass of: Restriction
  on property: identifies
  on class: LegalPerson
  qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  some values from: legal entity identifier scheme
definition: an organization identifier that uniquely identifies a legal person as defined in ISO 17442
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
adapted from: https://www.iso.org/standard/59771.html

legal entity identifier scheme
type: Class
subclass of: OrganizationIdentificationScheme
subclass of: Restriction
  on property: defines
  some values from: legal entity identifier
definition: a scheme that specifies the elements of an unambiguous legal entity identifier (LEI) scheme to identify the legal entities relevant to any financial transaction
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
adapted from: https://www.iso.org/standard/59771.html

other accounting framework
type: NamedIndividual
type: accounting framework
definition: an accounting framework of unstated origin (other than IFRS or US GAAP)
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship period qualifier
type: Class
subclass of: Classifier
definition: a classifier that qualifies something about the reporting period specified, such as that the date period reflects an accounting or document filing period
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship qualifier
type: Class
subclass of: Classifier
definition: a classifier that qualifies something about the relationship between consolidated entities during the reporting period, such as the accounting framework used
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship record
type: Class
subclass of: Constituent
subclass of: Restriction
  on property: isQualifiedBy
  on class: relationship qualifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: is quantified by
  min qualified cardinality: 0
  on data range: decimal
subclass of: Restriction
  on property: records
  on class: entity ownership
  qualified cardinality: 1
definition: a record describing relationships between legal entities
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship status
type: Class
subclass of: Classifier
equivalent class: Class
  one of: relationship status - active
  one of: relationship status - inactive
definition: a classifier that specifies the status of the relationship between consolidated entities during the reporting period (active or inactive)
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship status - active
type: NamedIndividual
type: relationship status
definition: status indicating that as of the last report or update, the reporting legal entity reported that it is legally registered and/or operating, and that the relationship detailed in this relationship record is still valid
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

relationship status - inactive
type: NamedIndividual
type: relationship status
definition: status indicating that it has been determined that the relationship ended, e.g. because entity that reported this relationship is no longer legally registered and/or operating; or the relationship is no longer valid for other reasons
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

has legal address
type: ObjectProperty
sub property of: has registered address
domain: LegalEntity
range: ConventionalStreetAddress
definition: indicates the legal address for the entity, in the jurisdiction in which the entity is established, used for registration purposes with respect to obtaining an LEI
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has legal form
type: ObjectProperty
sub property of: isClassifiedBy
domain: LegalEntity
range: entity legal form
definition: indicates the nature of the entity as defined from a legal or regulatory perspective in a given jurisdiction
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
adapted from: https://www.iso.org/obp/ui/#iso:std:iso:20275:ed-1:v1:en

has legal form abbreviation
type: DatatypeProperty
sub property of: hasTextValue
definition: the precise abbreviation for the entity legal form as defined in the jurisdiction in which it is registered, for example LLC, LLP, Ltd, PLC, Corp.

has ownership percentage
type: DatatypeProperty
sub property of: is quantified by
range: decimal
definition: the percentage ownership interest in the owned entity owned by owning entity, if known
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has transliterated legal form abbreviation
type: DatatypeProperty
sub property of: hasTextValue
definition: a transliterated (i.e., in Latin or Romanized ASCII) representation of the abbreviation for the entity legal form

has transliterated name
type: DatatypeProperty
sub property of: hasTextualName
definition: a transliterated (i.e., in Latin or Romanized ASCII) representation of a name for the entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

is consolidated by
type: ObjectProperty
range: LegalEntity
definition: indicates the entity considered the 'end node' or consolidating entity (parent) from an ISO 17442 perspective
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

is consolidation of
type: ObjectProperty
sub property of: comprises
range: LegalEntity
definition: indicates the entity considered the 'start node' or consolidated entity from an ISO 17442 perspective
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

is directly consolidated by
type: ObjectProperty
sub property of: is consolidated by
range: LegalEntity
definition: indicates that the entity considered the 'end node' or consolidating entity (parent) fully consolidates the accounting of the 'start node' (child) per the accounting rules specified, and is the closest consolidating entity to that child in any applicable ownership hierarchy
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

is an international branch of
type: ObjectProperty
sub property of: is consolidated by
range: LegalEntity
definition: indicates that the entity considered the 'start node' or consolidated entity (child) is an international subsidiary of the 'end node' (parent) in the jurisdiction of the child
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

is quantified by
type: DatatypeProperty
range: decimal
definition: indicates that something is limited to or conditional due to some rate or other statistical value
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

is ultimately consolidated by
type: ObjectProperty
sub property of: is consolidated by
range: LegalEntity
definition: indicates that the entity considered the 'end node' or consolidating entity (parent) fully consolidates the accounting of the 'start node' (child) per the accounting rules specified, and is the most distant consolidating entity to that child in any applicable ownership hierarchy
adapted from: GLEIF Level 2 Relationship Record (RR) Common Data Format (CDF), see https://www.gleif.org/en/about-lei/common-data-file-format/relationship-record-cdf-format#

business entity
type: Class
subclass of: FormalOrganization
subclass of: Restriction
  on property: hasObjective
  on class: BusinessObjective
  min qualified cardinality: 0
subclass of: Restriction
  on property: holds
  on class: License
  min qualified cardinality: 0
definition: entity that is formed and administered as per commercial law in order to engage in business activities
explanatory note: There are many types of business entities defined in the legal systems of various countries. These include corporations, cooperatives, partnerships, sole proprietorships, sole traders, limited liability companies, certain trusts and trust companies, and so forth. The rules vary by country and by state or province. Some of the more widely recognized types in the US, UK, and EU are defined in FIBO, by region. However, the regulations governing particular types of entity, even those described as roughly equivalent, differ from jurisdiction to jurisdiction.

business license
type: Class
subclass of: License
subclass of: Restriction
  on property: appliesTo
  on class: business entity
  qualified cardinality: 1
subclass of: Restriction
  on property: isRecognizedIn
  some values from: Jurisdiction
definition: license that allows the holder to conduct business or carry out a specific profession within some jurisdiction for some period of time

chartered legal person
type: Class
subclass of: LegalEntity
definition: a legal person created by a royal charter or decree
example: Anything with 'Royal Institute' in the name. Also universities are generally set up by royal charter in a monarchy or principality, (often pre-dating any Privy Council i.e. directly be the monarch in the case of older universities). The Bank of England and the British Broadcasting Council (BBC) are also incorporated through Royal Charter.
explanatory note: In a monarchy or principality, the monarch typically vests the power to create such bodies, in an entity called (for example) the Privy Council.

LegalEntity
type: Class
deprecated: true
equivalent class: LegalEntity

LegalPerson
type: Class
deprecated: true
equivalent class: LegalPerson

legally competent natural person
type: Class
subclass of: Person
subclass of: LegalPerson
disjoint with: IncapacitatedAdult
definition: person who is considered competent, under the circumstances, to enter into a contract, conduct business, or participate in other activities that generally require the mental ability to understand problems and make decisions on his or her own behalf
explanatory note: The definition of mental competence, and potentially of the age of majority, is a function of the situation and law in a given jurisdiction.

not for profit objective
type: Class
subclass of: Objective
disjoint with: profit objective
definition: objective that reflects the charitable, educational, religious, humanitarian, public services, or other not for profit goals of an organization
explanatory note: The objective of all business activities is not to earn profits for its owners. All of the money earned by or donated to a not for profit organization is used in pursuing the organization's objectives.
synonym: nonprofit objective

power of attorney
type: Class
subclass of: LegalCapacity
subclass of: Restriction
  on property: hasEffectiveDate
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: isConferredOn
  some values from: legally competent natural person
definition: legal authorization given by one party (the principal) to another (the agent or attorney-in-fact) to perform certain acts on the principal's behalf
explanatory note: The appointment can be effective immediately or if the principal is unable to make decisions or perform certain actions on their own. It may be a (1) general power of attorney that authorizes the agent to act generally on behalf of the principal, such as to transfer funds from one account to another, pay debts, make investments, and so forth, or (2) limited to a specific act or situation, such as for management of an individual's finances in a single account, such as a brokerage account, or for management of healthcare. Decisions made and actions taken by an attorney in fact (within the scope of his or her authority) are legally binding on the principal.

profit objective
type: Class
subclass of: BusinessObjective
definition: objective that reflects pursuit of a financial benefit that may be realized when the amount of revenue gained from a business activity exceeds the expenses, costs and taxes needed to sustain that activity
explanatory note: Any profit that is gained goes to the business's owners, who may or may not decide to spend it on the business.
synonym: for profit objective
synonym: profit motive

public purpose
type: Class
subclass of: Objective
definition: objective that reflects values generally thought to be shared by and that is intended to benefit the populace as a whole
synonym: public interest

religious objective
type: Class
subclass of: not for profit objective
definition: not-for-profit objective that reflects the religious goals of an organization

special purpose vehicle
type: Class
subclass of: LegalEntity
subclass of: Restriction
  on property: has intended liquidation date
  on class: Date
  min qualified cardinality: 0
label: fonds commun de placement @fr-fr
definition: legal entity created to fulfill narrow, specific, and frequently temporary objectives
abbreviation: SPE
abbreviation: SPV
explanatory note: A special purpose vehicle (SPV), also known as a special purpose entity (SPE), refers to a legal entity, typically a limited company or partnership, created to isolate a parent company from financial risk, including bankruptcy.
synonym: special purpose entity

statutory body
type: Class
subclass of: LegalEntity
definition: legal entity established by a government to consider evidence and make judgements in some field of activity

variable interest entity
type: Class
subclass of: LegalEntity
definition: legal entity whose shareholders are entitled to a percentage of a named company's profits via a private contract
abbreviation: VIE
explanatory note: Variable interest entity (VIE) is a term used by the Financial Accounting Standards Board (FASB) to refer to a legal entity with certain characteristics such that a public company with a financial interest in the entity is subject to certain financial reporting requirements. Examples include certain Chinese companies, such as Alibaba, that leverage VIEs to gain access to foreign capital that would otherwise not be available due to Chinese government regulations.
synonym: shell company

has intended liquidation date
type: ObjectProperty
sub property of: hasTerminationDate
range: Date
definition: links an agreement, contract, or legal entity to a date on which it is scheduled to be sold

isOrganizedIn
type: ObjectProperty
deprecated: true
equivalent property: isOrganizedIn

isRecognizedIn
type: ObjectProperty
deprecated: true
equivalent property: isRecognizedIn

Alphabet Inc. US-CA
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for Alphabet Inc., a Delaware stock corporation
has date of incorporation: Alphabet Inc. incorporation date
is incorporated in: State of Delaware jurisdiction
has headquarters address: AlphabetIncCorporateAddress
has trading or operational name: Alphabet
has legal agent: CorporationServiceCompany
has legal name: Alphabet Inc.
has website: https://abc.xyz/
is domiciled in: UnitedStatesOfAmerica

Alphabet Inc. business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the Delaware Department of Corporations for Alphabet Inc.
has entity status: active status
has initial registration date: 2015-07-23
has tag: 5786925
is defined in: DelawareBusinessRegistrationIdentifierScheme
identifies: Alphabet Inc. US-CA
is registered in: DelawareBusinessEntitiesRegistry
is governed by: State of Delaware jurisdiction

Alphabet Inc. incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that Alphabet Inc. was first registered as a corporation in the State of Delaware
has date value: 2015-07-23

Apple Inc. US-CA
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for Apple Inc., a California stock corporation
has date of incorporation: Apple Inc. incorporation date
is incorporated in: State of California jurisdiction
has headquarters address: AppleIncCorporateAddress
has legal address: AppleIncCorporateAddress
has prior legal name: Apple Computer, Inc.
has trading or operational name: Apple
has legal name: Apple Inc.
has website: https://www.apple.com/
is domiciled in: UnitedStatesOfAmerica

Apple Inc. business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the California Department of Corporations for Apple Inc.
has entity status: active status
has initial registration date: 1977-01-03
has tag: 806592
is defined in: CaliforniaBusinessRegistrationIdentifierScheme
identifies: Apple Inc. US-CA
is registered in: CaliforniaBusinessEntitiesRegistry
is governed by: State of California jurisdiction

Apple Inc. incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that Apple Inc. was first registered as a corporation in the State of California
has date value: 1977-01-03

International Business Machines Corporation US-NY
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for International Business Machines Corporation, a New York domestic business corporation
has date of incorporation: International Business Machines Corporation incorporation date
is incorporated in: State of New York jurisdiction
has headquarters address: InternationalBusinessMachinesCorporationAddress
has legal address: InternationalBusinessMachinesCorporationAddress
has prior legal name: COMPUTING-TABULATING-RECORDING-CO.
has trading or operational name: IBM
has legal name: International Business Machines Corporation
has website: https://www.ibm.com/
is domiciled in: UnitedStatesOfAmerica

International Business Machines Corporation business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the New York Division of Corporations for International Business Machines Corporation
has entity status: active status
has initial registration date: 1924-02-14
has tag: 30059
is defined in: NewYorkBusinessRegistrationIdentifierScheme
identifies: International Business Machines Corporation US-NY
is registered in: NewYorkBusinessEntitiesRegistry
is governed by: State of New York jurisdiction

International Business Machines Corporation incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that International Business Machines Corporation was first registered as a corporation in the State of New York
has date value: 1911-06-16

The Coca-Cola Company US-DE
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for The Coca-Cola Company, a Delaware corporation
has date of incorporation: The Coca-Cola Company incorporation date
is incorporated in: State of Delaware jurisdiction
has headquarters address: TheCoca-ColaCompanyCorporateAddress
has legal address: TheCoca-ColaCompanyCorporateAddress
has legal agent: CorporationTrustCompany
has legal name: The Coca-Cola Company
has website: https://www.coca-colacompany.com/
is domiciled in: UnitedStatesOfAmerica

The Coca-Cola Company business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the Delaware Division of Corporations for The Coca-Cola Company
has entity status: active status
has initial registration date: 1919-09-05
has tag: 88529
is defined in: DelawareBusinessRegistrationIdentifierScheme
identifies: The Coca-Cola Company US-DE
is registered in: DelawareBusinessEntitiesRegistry
is governed by: State of Delaware jurisdiction

The Coca-Cola Company incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that The Coca-Cola Company was first registered as a corporation in the State of Delaware
has date value: 1919-09-05

The Home Depot, Inc. business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the Delaware Division of Corporations for The Home Depot, Inc.
has entity status: active status
has initial registration date: 1978-06-29
has tag: 856429
is defined in: DelawareBusinessRegistrationIdentifierScheme
identifies: The Home Depot, Inc. US-DE
is registered in: DelawareBusinessEntitiesRegistry
is governed by: State of Delaware jurisdiction

The Home Depot, Inc. US-DE
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for The Home Depot, Inc., a Delaware corporation
has date of incorporation: The Home Depot, Inc. incorporation date
is incorporated in: State of Delaware jurisdiction
has headquarters address: TheHomeDepotIncCorporateAddress
has legal address: TheHomeDepotIncCorporateAddress
has legal agent: CorporationServiceCompany
has legal name: The Home Depot, Inc.
has website: https://www.homedepot.com/
is domiciled in: UnitedStatesOfAmerica

The Home Depot, Inc. incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that The Home Depot, Inc. was first registered as a corporation in the State of Delaware
has date value: 1978-06-29

The Proctor & Gamble Company US-OH
type: NamedIndividual
type: publicly held company
type: for profit corporation
definition: publicly held company and for profit corporation legal entity for The Proctor & Gamble Company, an Ohio corporation
has date of incorporation: The Proctor & Gamble Company incorporation date
is incorporated in: State of Ohio jurisdiction
has headquarters address: TheProctorAndGambleCompanyCorporateAddress
has legal name: The Proctor & Gamble Company
has website: https://us.pg.com/
is domiciled in: UnitedStatesOfAmerica

The Proctor & Gamble Company business entity identifier
type: NamedIndividual
type: registration identifier
definition: registration identifier assigned by the Ohio Department of Corporations for The Proctor & Gamble Company
has entity status: active status
has initial registration date: 1905-05-05
has tag: 20677
is defined in: OhioBusinessRegistrationIdentifierScheme
identifies: The Proctor & Gamble Company US-OH
is registered in: OhioBusinessFilingPortal
is governed by: State of Ohio jurisdiction

The Proctor & Gamble Company incorporation date
type: NamedIndividual
type: ExplicitDate
definition: date that The Proctor & Gamble Company was first registered as a corporation in the State of Ohio
has date value: 1905-05-05

contractual control
type: Class
subclass of: DeJureControl
subclass of: Restriction
  on property: isConferredBy
  some values from: Contract
definition: control established through the terms of some contract

controlled party
type: Class
subclass of: ControlledThing
subclass of: Restriction
  on property: isPlayedBy
  on class: Party
  qualified cardinality: 1
definition: person or organization over which some party exercises some form of authority or influence with respect to some situation

controlling alliance
type: Class
subclass of: Group
definition: group that has formed some alliance to jointly exercise control over some entity
editorial note: The types of entity which may enter into such an alliance are the same types of entity as may exercise control in their own right, i.e. independent parties (that is a logical union of natural persons, legal persons and formal organizations).

court appointed control
type: Class
subclass of: DeJureControl
subclass of: Restriction
  on property: isConferredBy
  all values from: CourtOfLaw
definition: control conferred by the actions of some court, for example in the context of receivership

de facto controlling interest party
type: Class
subclass of: ControllingParty
subclass of: Restriction
  on property: nominates
  on class: board member
  min qualified cardinality: 0
subclass of: Restriction
  on property: isControllingPartyIn
  some values from: DeFactoControl
definition: party that exercises some control over an entity other than via explicit, legal means
example: a silent partner, i.e. where someone has made a large investment, which is bilateral (not part of the constitutional framework of the company)
scope note: divides further into financial leverage via loans; non fiscal types of leverage (influence)
explanatory note: A control owner (i.e., control person, per SEC regulations) may have some means or right that allows them to exercise control over board composition, other than through proxy assignment or vote. Not all control persons have this facility, as it is not inherent to having a significant (for example, 20 percent or more) ownership stake.

de jure controlling interest party
type: Class
subclass of: ControllingParty
subclass of: Restriction
  on property: isControllingPartyIn
  some values from: DeJureControl
definition: party that has the legal authority to exercise control

entity controlling party
type: Class
subclass of: ControllingParty
subclass of: Restriction
  on property: isControllingPartyOf
  some values from: LegalEntity
definition: party that has the authority to control some legal entity
editorial note: This type of party is either asserted to be the case by the entity itself or some other party, or is determined through some analysis or calculation based on the available information about controlling interests.
scope note: It is assumed that since control follows from some form of ownership or contractual instrument, that the range of entities which may fulfil this party role is the same as that for entity ownership, namely a logical union of natural persons, legal persons and formal organizations.

influence-based de facto control
type: Class
subclass of: DeFactoControl
subclass of: Restriction
  on property: hasPartyInControl
  some values from: influence-based de facto controlling party
definition: informal control that involves influence over some party

influence-based de facto controlling party
type: Class
subclass of: de facto controlling interest party
subclass of: Restriction
  on property: isControllingPartyIn
  some values from: influence-based de facto control
definition: party that holds influence-based control over some other party
editorial note: Regulatory or jurisdictional control would fall under this control. Court appointed control is de jure control BUT the scenario in which a government takes over something and then hands it over to some new de jure controller i.e. administrator - in the meantime this is de facto control by e.g. the government.

investment-based de facto control
type: Class
subclass of: DeFactoControl
subclass of: Restriction
  on property: isConferredBy
  all values from: investment equity
subclass of: Restriction
  on property: hasPartyInControl
  some values from: investment-based de facto controlling interest party
definition: control that arises through some investment in some entity, other than via the holding of constitutional equity (shares etc.) in that entity

investment-based de facto controlling interest party
type: Class
subclass of: de facto controlling interest party
subclass of: investor
subclass of: Restriction
  on property: isControllingPartyIn
  all values from: investment-based de facto control
definition: party that holds investment-based control over some other party

joint controlling party
type: Class
subclass of: entity controlling party
subclass of: Restriction
  on property: isPlayedBy
  all values from: controlling alliance
disjoint with: sole controlling party
definition: party that collectively has the authority to control the affairs of some business organization

majority controlling party
type: Class
subclass of: entity controlling party
definition: controlling party that possesses, either directly or indirectly, the power to direct or cause the direction of the management and policies of a legal person, whether through the ownership of a majority of voting securities, by contract, or otherwise
adapted from: Electronic Code of Federal Regulations, Title 17, Chapter 1, Section 49.2

receiver
type: Class
subclass of: de jure controlling interest party
subclass of: Restriction
  on property: isControllingPartyIn
  some values from: court appointed control
definition: party appointed by some court for the purposes of winding up the affairs of some entity which is no longer solvent

sole controlling party
type: Class
subclass of: entity controlling party
definition: party that has sole control over and directs the affairs of some legal entity

total owner
type: Class
subclass of: constitutional owner
definition: party that has 100 percent ownership some legal entity
editorial note: By virtue of holding 100 percent of the equity ownership, the Total Owner also holds 100 percent of the controlling equity, if there is a difference. Therefore it is both a total owner and a total controlling party.

advises
type: ObjectProperty
sub property of: isPartyControlling
domain: ControllingParty
range: controlled party
inverse of: has advisor
definition: provides counsel or guidance to

has controlling organization member
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: OrganizationMember
inverse of: is controlling member of
definition: relates a controlled party to a controlling member of the organization

has majority controlling party
type: ObjectProperty
sub property of: isControlledPartyOf
domain: LegalEntity
range: majority controlling party
definition: indicates a party that owns a controlling stake (over 50 percent) in the entity

has advisor
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: ControllingParty
definition: indicates the party that acts in an advisory capacity to the controlled party

is based on investment equity
type: ObjectProperty
sub property of: isConferredBy
domain: investment-based de facto control
range: investment equity
definition: indicates investment-based de facto control, which is is based on the holding of some investment equity by some party

is controlling member of
type: ObjectProperty
sub property of: isPartyControlling
domain: OrganizationMember
range: controlled party
definition: identifies a controlled organization over which the member has some measure of control

affiliate
type: Class
subclass of: PartyRole
subclass of: Restriction
  on property: is affiliate of
  some values from: affiliate
equivalent class: Class
  union of: controlled party
  union of: majority controlling party
definition: party that is related to a legal entity, directly, or indirectly through one or more intermediaries, and controls, or is controlled by, or is under common control with that entity, typically determined by the degree of ownership

affiliation
type: Class
subclass of: Control
subclass of: Restriction
  on property: hasActor
  some values from: controlling affiliate
subclass of: Restriction
  on property: hasUndergoer
  some values from: controlled affiliate
definition: situation in which a controlled party is affiliated with a controlling party for some period of time

controlled affiliate
type: Class
subclass of: controlled party
subclass of: affiliate
subclass of: Restriction
  on property: isPlayedBy
  all values from: LegalEntity
definition: controlled party in an affiliation situation

controlling affiliate
type: Class
subclass of: majority controlling party
subclass of: affiliate
definition: controlling party in an affiliation situation

domestic ultimate parent
type: Class
subclass of: total controlling interest party
definition: party that is recognized as the ultimate parent of a given organization within the country or jurisdiction of incorporation or organization

global ultimate parent
type: Class
subclass of: total controlling interest party
definition: party that is recognized as the ultimate parent of a given organization world-wide

joint venture partner
type: Class
subclass of: entity controlling party
subclass of: Restriction
  on property: isControllingPartyOf
  some values from: joint venture
definition: party that shares capital, technology, human resources, risks, and benefits of an entity under shared control

significant shareholder
type: Class
subclass of: voting shareholder
definition: party that owns a significant voting stake in an organization that is less than 50 percent but greater than some threshold
explanatory note: Note that the concept of significance varies depending on the jurisdiction, and particularly with respect to reporting requirements. For example, in some cases, three (3) percent ownership of any class or series of shares is considered significant, and in others it means more than five or ten percent of the total combined voting power across all classes of securities.

subsidiary
type: Class
subclass of: controlled affiliate
definition: legal entity that is entirely or majority owned and controlled by another legal entity
explanatory note: A subsidiary is a separate, distinct legal entity from its parent company(ies) for the purposes of taxation, regulatory compliance, and with respect to liability.

total controlling interest party
type: Class
subclass of: total owner
subclass of: significant shareholder
definition: voting shareholder that owns 100 percent of the voting shares in some legal entity
explanatory note: By virtue of holding 100 percent of the share ownership, the total controlling interest company also holds 100 percent of the controlling equity, if there is a difference. Therefore, it is both a total owner and a total controlling party.
synonym: parent company

voting shareholder
type: Class
subclass of: de jure controlling interest party
subclass of: shareholder
subclass of: Restriction
  on property: elects
  on class: board member
  min qualified cardinality: 0
definition: shareholder whose shares confer the right to vote in corporate elections, including the right to elect directors at annual or special meetings, and to express their views to corporate management and directors on significant issues that may affect the value of those shares
explanatory note: A voting shareholder may exercise control over board composition by (1) attending a shareholder meeting and voting directly, (2) assigning a proxy to vote on their behalf, either as specified in the recommendations made in the proxy card or as indicated in a manner that deviates from those recommendations but is detailed on the proxy card, (3) by rejection of the proxy, either implicitly or explicitly, or (4) through a direct ballot that they create themselves.

has affiliate
type: ObjectProperty
sub property of: isControlledPartyOf
domain: LegalEntity
range: affiliate
definition: has a party which directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with the company

has controlling affiliate
type: ObjectProperty
sub property of: is affiliate of
sub property of: isAffectedBy
domain: controlled affiliate
range: controlling affiliate
definition: is directly, or indirectly through one or more intermediaries, controlled by

has domestic ultimate parent
type: ObjectProperty
sub property of: has majority controlling party
range: domestic ultimate parent
definition: relates an organization to another recognized as its ultimate parent, within its country or jurisdiction of incorporation, if it has one
editorial note: In the case of companies that are subsidiaries of another company that itself has a parent, this identifies the organization at the top of the hierarchy of organizations in the country of registration. Adapted from consensus definition of Ultimate Parent, now that this is split into national and global parent.
adapted from: consensus definition of ultimate parent, with the split between domestic and global parent

has global ultimate parent
type: ObjectProperty
sub property of: has majority controlling party
range: global ultimate parent
definition: relates an organization to another recognized as its ultimate parent, if it has one
editorial note: In the case of companies that are subsidiaries of another company that itself has a parent, this identifies the organization at the top of the hierarchy, world-wide. Adapted from consensus definition of Ultimate Parent, now that this is split into national and global parent.
adapted from: consensus definition of ultimate parent, with the split between domestic and global parent

has subsidiary
type: ObjectProperty
domain: LegalEntity
range: subsidiary
property chain axiom: playsRole
property chain axiom: is parent company of
definition: relates a legal entity to another organization that it owns at least 50 percent of

is affiliate of
type: ObjectProperty
type: SymmetricProperty
domain: affiliate
range: affiliate
definition: relates a party which directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control by another party to that party

is controlling affiliate of
type: ObjectProperty
sub property of: is affiliate of
sub property of: actsOn
domain: controlling affiliate
range: controlled affiliate
inverse of: has controlling affiliate
definition: controls directly, or indirectly through one or more intermediaries

is parent company of
type: ObjectProperty
sub property of: is controlling affiliate of
domain: controlling affiliate
range: subsidiary
inverse of: is subsidiary of
definition: indicates a controlled affiliate that it owns at least 50 percent of

is subsidiary of
type: ObjectProperty
sub property of: has controlling affiliate
domain: subsidiary
range: controlling affiliate
definition: is controlled directly, or indirectly through one or more intermediaries and owned at least 50 percent by

is wholly owned by
type: ObjectProperty
domain: LegalEntity
range: total controlling interest party
property chain axiom: playsRole
property chain axiom: is subsidiary of
definition: relates a legal entity to a party that has 100 percent ownership and control over it

beneficial owner
type: Class
subclass of: Owner
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: is beneficial owner of
  some values from: Asset
subclass of: Restriction
  on property: delegates control to
  some values from: controlling nominee
definition: party that enjoys the benefits of ownership (such as receipt of income) of something even though its ownership (title) may be in the name of another party (called a nominee or registered owner)
adapted from: https://en.wikipedia.org/wiki/Beneficial_ownership#Financial_Action_Task_Force_on_Money_Laundering_(FATF)
adapted from: https://www.fincen.gov/resources/statutes-regulations/guidance/guidance-obtaining-and-retaining-beneficial-ownership
adapted from: https://www.ncua.gov/regulation-supervision/letters-credit-unions-other-guidance/beneficial-ownership-requirements-legal-entity-customers-overview
explanatory note: From World Bank Report: In identifying the beneficial owner, the focus should be on two factors: the control exercised and the benefit derived. Control of a corporate vehicle will always depend on context, as control can be exercised in many different ways, including through ownership, contractually or informally.
explanatory note: The Financial Action Task Force on Money Laundering (FATF) refers to a 'beneficial owner' as the natural person(s) who ultimately owns or controls a legal entity and/or the natural person on whose behalf a transaction is being conducted. It also includes those persons who exercise ultimate effective control over a legal person or arrangement.
explanatory note: The National Credit Union Administration (NCUA) defines a 'beneficial owner' as (1) a single individual with significant responsibility to control, manage or direct a legal entity customer, or (2) each individual, if any, who, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, owns 25 percent or more of the equity interests of a legal entity customer; if a trust owns directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, 25 percent or more of the equity interests of a legal entity customer, the beneficial owner is the trustee.
explanatory note: Use of a nominee (who may be an agent, custodian, or a trustee) does not change the position regarding tax reporting and tax liability, and the beneficial owner remains responsible.

beneficial ownership
type: Class
subclass of: Ownership
subclass of: Restriction
  on property: hasOwnedAsset
  some values from: Asset
subclass of: Restriction
  on property: hasOwningParty
  some values from: beneficial owner
subclass of: Restriction
  on property: isRegisteredBy
  some values from: Class
    union of: Registrar
    union of: RegistrationAuthority
definition: situation linking party that enjoys the benefits of ownership (such as receipt of income) of something even though its ownership (title) may be in the name of another party (called a nominee or registered owner) to the asset that they own
explanatory note: Beneficial ownership may be shared among a group of individuals. If a beneficial owner acquires a position of more than 5 percent in the United States, it must file Schedule 13D or 13G under Section 12 of the Securities Exchange Act of 1934.

purchase lot
type: Class
subclass of: FinancialAsset
subclass of: Restriction
  on property: consists of number of units
  on data range: decimal
  qualified cardinality: 1
definition: financial asset that is a block of securities or other financial assets bought in one transaction on a given date at a specific price
example: Buying 100 shares of Apple on Jan 10 at $150/share is one purchase lot; buying 50 more shares on Mar 15 at $160/share is another purchase lot.
explanatory note: Purchase lot is typically used as a trading term by brokers and portfolio managers to describe how holdings are grouped.

shareholder
type: Class
subclass of: constitutional owner
subclass of: Counterparty
definition: party that owns shares in and has rights and responsibilities with respect to some asset, provided in exchange for investment
explanatory note: The shares represent an ownership interest in a corporation, mutual fund, or partnership, or a unit of ownership in a structured product, such as a real estate investment trust.
synonym: stockholder

shareholding
type: Class
subclass of: FinancialAsset
subclass of: Restriction
  on property: consists of number of units
  on data range: decimal
  qualified cardinality: 1
subclass of: Restriction
  on property: isPlayedBy
  some values from: Share
definition: ownership interest in the equity of a company, represented by shares that confer financial rights and governance privileges
explanatory note: Shareholding refers to the total ownership a party has in some organization, and determines voting power, dividend entitlement, and exposure to risk.

tax lot
type: Class
subclass of: FinancialAsset
subclass of: Restriction
  on property: consists of number of units
  on data range: decimal
  qualified cardinality: 1
definition: financial asset that is a block of securities or other financial assets with a distinct cost basis for tax reporting purposes
explanatory note: Tax lots reflect how shares or other assets are tracked for capital gains and may be adjusted by events including: - reinvested dividends (creates very small, new tax lots); - stock splits or mergers (adjusts basis, may create fractional lots); - Wash sale rules (can change which lots are recognized). When an investor sells, they select which tax lot to sell (specific ID, FIFO, etc.), which determines realized gain or loss.

consists of number of units
type: DatatypeProperty
sub property of: hasAmount
range: decimal
equivalent property: indicatesNumberOfShares
definition: indicates the number of units of
explanatory note: This property indicates the number of units (e.g., shares, fund units) of the asset held in a shareholding or position, for example.

has beneficial owner
type: ObjectProperty
sub property of: isAssetOf
domain: Asset
range: beneficial owner
definition: indicates the party that retains rights in the asset they own in a beneficial ownership situation

is beneficial owner of
type: ObjectProperty
sub property of: ownsAsset
domain: beneficial owner
range: Asset
inverse of: has beneficial owner
definition: indicates an asset in which the beneficial owner holds rights (typically voting rights, management rights, etc.) in a beneficial ownership situation

articles of incorporation
type: Class
subclass of: instrument of incorporation
definition: contract that establishes a new corporation or, when amended, adjusts the legal basis for the corporation, and outlines basic information about the corporation, including the type of business, and a description of the business' operational characteristics
synonym: articles of association

auditor
type: Class
subclass of: authorized party
definition: party qualified and authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws
explanatory note: An auditor is authorized to audit one or more specific organizations, i.e., by the authorizing party indicated by the situation.
explanatory note: An auditor may be an internal auditor - an individual whose primary job function is to audit his or her own company, or an external auditor - an individual from outside the company, who typically is employed by an auditing firm who handles many different clients.

authorization
type: Class
subclass of: Situation
subclass of: Restriction
  on property: has authorized party
  some values from: authorized party
subclass of: Restriction
  on property: has authorizing party
  some values from: authorizing party
definition: situation in which a party authorizes someone to act on their behalf under certain conditions for some period of time

authorized party
type: Class
subclass of: responsible party
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: is authorized through
  some values from: authorization
definition: party that has been given the responsibility to act on behalf of another party under some set of guidelines

authorizing party
type: Class
subclass of: Actor
subclass of: Restriction
  on property: isPlayedBy
  on class: LegalPerson
  qualified cardinality: 1
subclass of: Restriction
  on property: authorizes through
  some values from: authorization
definition: party that delegates some role, authority, or control to another party

board capacity
type: Class
subclass of: DelegatedLegalAuthority
subclass of: Restriction
  on property: isGovernedBy
  on class: company law
  min qualified cardinality: 0
subclass of: Restriction
  on property: isConferredOn
  some values from: Restriction
    on property: playsRole
    some values from: board member
subclass of: Restriction
  on property: isConferredBy
  some values from: Class
    union of: board agreement
    union of: instrument of incorporation
    union of: bylaws
definition: authority to act in a fiduciary capacity with respect to the organization, including but not limited to determining and executing corporate policy

board composition control
type: Class
subclass of: Control
subclass of: Restriction
  on property: hasPartyInControl
  on class: Class
    union of: significant shareholder
    union of: entity owner
  min qualified cardinality: 0
subclass of: Restriction
  on property: involvesControlledThing
  some values from: board member
definition: situation in which a voting shareholder, entity owner, or some other party in the case of a not-for-profit organization, appoints and/or nominates someone to the board of directors of an organization for some period of time

board member
type: Class
subclass of: legally delegated authority
subclass of: responsible party
subclass of: OrganizationMember
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    some values from: Restriction
      on property: playsRole
      some values from: board of directors
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: board agreement
definition: party that has fiduciary responsibility with respect to the organization, including but not limited to determining and executing corporate policy

board membership
type: Class
subclass of: Control
subclass of: Restriction
  on property: hasPartyInControl
  some values from: board member
subclass of: Restriction
  on property: involvesControlledThing
  some values from: controlled party
definition: situation relating an individual member of the board of directors to the organization

board of directors
type: Class
subclass of: entity controlling party
subclass of: Restriction
  on property: nominates
  some values from: corporate officer
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: hasCapacity
    some values from: board capacity
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: hasMember
    some values from: Restriction
      on property: playsRole
      some values from: board member
definition: group of people comprising the governing body of an organization that has the authority to set organizational strategy and policies as well as to select and, to some degree manage, leadership
explanatory note: For a public, for profit organization, its members (directors) are elected normally by the subscribers (stockholders) of the firm (generally at an annual general meeting) to govern the firm and look after the subscribers' interests. In the case of a not-for-profit organization, the board ensures the organization is acting in line with its mission. The board has the ultimate decision-making authority and, in general, is empowered to (1) set the company's policy, objectives, and overall direction, (2) adopt bylaws, (3) name members of the advisory, executive, finance, and other committees, (4) hire, monitor, evaluate, and fire the managing director and senior executives, (5) determine and pay the dividend, and (6) issue additional shares. Though all its members might not be engaged in the company's day-to-day operations, the entire board is held liable (under the doctrine of collective responsibility) for the consequences of the firm's policies, actions, and failures to act. Members of the board usually include senior-most executives (called inside directors or executive directors) as well as experts or respected persons chosen from the wider community (called outside directors or non-executive directors).

bylaws
type: Class
subclass of: Law
definition: written rules for conduct of a corporation, association, partnership or any organization
synonym: byelaws
synonym: membership agreement

chief executive officer
type: Class
subclass of: corporate officer
subclass of: executive board member
subclass of: principal party
subclass of: Restriction
  on property: manages
  some values from: Class
    union of: FormalOrganization
    union of: LegalEntity
definition: top corporate officer responsible for an organization's overall operations and performance
abbreviation: CEO
explanatory note: He or she is the leader of the firm, serves as the main link between the board of directors (the board) and the firm's various parts or levels, and is held solely responsible for the firm's success or failure. One of the major duties of a CEO is to maintain and implement corporate policy, as established by the board. Also called President or managing director, he or she may also be the chairman (or chairperson) of the board.

chief financial officer
type: Class
subclass of: corporate officer
definition: senior-most corporate officer responsible for financial control and planning for an organization or project
abbreviation: CFO
explanatory note: He or she is in charge of all accounting functions including (1) credit control, (2) preparing budgets and financial statements, (3) coordinating financing and fund raising, (4) monitoring expenditure and liquidity, (5) managing investment and taxation issues, (6) reporting financial performance to the board, and (7) providing timely financial data to the CEO. Also called chief finance officer, comptroller, controller, or finance controller.

company law
type: Class
subclass of: StatuteLaw
definition: legislation under which the formation, registration or incorporation, governance, and dissolution of a firm is administered and controlled
synonym: corporate law

company secretary
type: Class
subclass of: corporate officer
definition: corporate officer appointed by the directors of an organization, responsible for ensuring compliance with legal obligations related to corporate governance
explanatory note: His or her formal duties include (1) calling meetings, (2) recording minutes of the meetings, (3) keeping statutory record books, (4) proper payment of dividend and interest payments, and (5) proper drafting and execution of agreements, contracts, and resolutions.
synonym: corporate secretary

controlling nominee
type: Class
subclass of: legally delegated authority
subclass of: Restriction
  on property: has delegated control of
  some values from: Asset
definition: party that holds legal title to an asset (e.g., stocks, bonds, or property) on behalf of the beneficial owner
explanatory note: The nominee is typically the registered owner of an asset, named in official records.

corporate bylaws
type: Class
subclass of: bylaws
subclass of: Restriction
  on property: has shares authorized
  some values from: nonNegativeInteger
definition: written rules for conduct of a corporation, adopted by the board of directors
explanatory note: Corporate bylaws may contain any provision, not inconsistent with law or with the certificate of incorporation, relating to the business of the corporation, the conduct of its affairs, and its rights or powers or the rights or powers of its stockholders, directors, officers or employees. Changes to the bylaws of a corporation require a board-level resolution and may require a vote of the shareholders.

corporate officer
type: Class
subclass of: executive
subclass of: signatory
subclass of: OrganizationMember
definition: high-level management executive of a corporation or other organization, hired by the board of directors or the business owner(s), charged with certain operational responsibilities, and who has the authority to act on behalf of the organization, including the authority to enter into contracts on behalf of the organization
example: Corporate officers may include a Chief Executive Officer (CEO), Chief Financial Officer (CFO), president, vice president(s), and in some cases a Chief Operating Officer (COO), Chief Compliance Officer (CCO), or other executive responsible for a critical function in the organization.
explanatory note: In banking, corporate officers have the legal capacity to execute some documents and make certain decisions on behalf of the institution due to the nature of the business. The level of authority varies depending on the role the officer plays, however, and based on bank policy. In large institutions, corporate officers may include loan/lending officers, those in certain supervisory roles, and others with varying degrees of authority, and frequently they are given a 'vice president' title, particularly if they are customer facing. Hiring and other decisions related to such corporate officers may be delegated to more operational levels, rather than by the board directly, with respect to such personnel.
explanatory note: Note that in most cases in the United States, corporate officers, especially those with signatory capacity and other fiduciary responsibilities must be employees, especially with respect to financial institutions and other highly regulated domains. There are cases, however, when an independent contractor or professional services provider may play the role of a corporate officer, such as a 'CFO for hire', which is a common practice in start-up organizations.

executive
type: Class
subclass of: legally delegated authority
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
definition: person appointed and given the responsibility to manage the affairs of an organization and the authority to make decisions within specified role-specific boundaries

executive board member
type: Class
subclass of: board member
subclass of: Employee
disjoint with: non-executive board member
definition: member of a board of directors that is also an employee of the organization
synonym: inside director

legally delegated authority
type: Class
subclass of: ControllingParty
subclass of: Restriction
  on property: isPlayedBy
  all values from: LegalPerson
definition: party empowered with some level of legal control and corresponding responsibility

non-executive board member
type: Class
subclass of: board member
definition: member of the board of directors of an organization that has no executive responsibilities towards the running of that organization
synonym: outside director

principal party
type: Class
subclass of: signatory
subclass of: OrganizationMember
definition: controlling party that is responsible for the management of daily business operations of an organization

responsible party
type: Class
subclass of: PartyRole
subclass of: Restriction
  on property: isPlayedBy
  all values from: legally competent natural person
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: has responsibility
    all values from: Duty
definition: person acting in a role that has some formal responsibility, such as a fiduciary responsibility, a signatory, an examiner or registrar, etc.

signatory
type: Class
subclass of: authorized party
subclass of: legally delegated authority
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: hasCapacity
    some values from: SignatoryCapacity
definition: responsible party authorized to sign agreements on behalf of themselves, another person, or an organization

authorizes
type: ObjectProperty
sub property of: actsOn
domain: authorizing party
range: authorized party
inverse of: is authorized by
definition: endorses, enables, empowers, or gives permission to

authorizes through
type: ObjectProperty
sub property of: actsIn
domain: authorizing party
range: authorization
inverse of: has authorizing party
definition: indicates the situation that facilitates designation of an authorized party by the authorizing party for some purpose

delegates control to
type: ObjectProperty
sub property of: authorizes
sub property of: designates
range: legally delegated authority
definition: indicates a party to which this legal person has delegated some authority or control

designates signatory
type: ObjectProperty
sub property of: authorizes
sub property of: designates
range: signatory
definition: authorizes to sign agreements, access accounts and/or perform other similar tasks

elects
type: ObjectProperty
domain: PartyRole
range: PartyRole
definition: chooses someone, or a group of individuals, to hold office or some other position by voting
editorial note: In the case of an election of the members of a board of directors, the bylaws state the manner in which that process is effected. The candidate members may be recommended by the board or other proxy and are then elected by the shareholders. A similar process may be conducted to elect outside auditors.
example: the election of officers of an association, the election of directors by the shareholders

has authorized party
type: ObjectProperty
sub property of: hasUndergoer
domain: authorization
range: authorized party
definition: indicates the party that is endorsed, enabled, empowered, or otherwise permitted to do something in the situation

has authorizing party
type: ObjectProperty
sub property of: hasActor
domain: authorization
range: authorizing party
definition: indicates the party that endorses, enables, empowers, or gives permission in the situation

has corporate officer
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: corporate officer
definition: indicates an officer of the organization

has delegated control of
type: ObjectProperty
domain: legally delegated authority
definition: indicates something or some party that is controlled via delegation

has director
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: board member
definition: indicates a member of the board of directors of the organization

has principal managing party
type: ObjectProperty
sub property of: has controlling organization member
domain: controlled party
range: principal party
inverse of: is principal party of
definition: indicates a controlling party that is responsible for the management of daily business operations

has responsibility
type: ObjectProperty
sub property of: hasCapacity
domain: Party
range: Duty
definition: specifies a commitment or obligation that an independent party has

has responsible party
type: ObjectProperty
sub property of: hasPartyRole
domain: FormalOrganization
range: responsible party
definition: identifies a party that has some assignment, commitment or obligation with respect to the formal organization

has signing authority for
type: ObjectProperty
sub property of: is authorized by
domain: signatory
inverse of: designates signatory
definition: indicates the party for which a signatory has the ability to sign agreements, access accounts and perform related tasks

has vested in it
type: ObjectProperty
sub property of: hasCapacity
domain: legally delegated authority
range: DelegatedLegalAuthority
definition: indicates the delegated legal authority that is vested in the controlling party

is authorized by
type: ObjectProperty
sub property of: isAffectedBy
domain: authorized party
range: authorizing party
definition: is endorsed, enabled, empowered, or otherwise permitted by

is authorized through
type: ObjectProperty
sub property of: undergoes
domain: authorized party
range: authorization
inverse of: has authorized party
definition: indicates the situation that faciliates endorsement of the authorized party for some purpose

is director of
type: ObjectProperty
sub property of: isPartyControlling
domain: board member
range: controlled party
inverse of: has director
definition: indicates the organization that the board member oversees

is officer of
type: ObjectProperty
sub property of: isPartyControlling
domain: corporate officer
range: controlled party
inverse of: has corporate officer
definition: indicates the organization that the person has some authority over and managerial responsibility for

is principal party of
type: ObjectProperty
sub property of: is controlling member of
domain: principal party
range: controlled party
definition: identifies a legal entity (controlled party) over which a principal has some measure of control

nominates
type: ObjectProperty
domain: PartyRole
range: PartyRole
definition: appoints or proposes for appointment to an office or place
usage note: Note that nominates is defined as a relation between two parties-in-role (the range of which could be a corporation or partnership in the case of an auditor), whereas appoints between independent parties.

constitutional owner
type: Class
subclass of: entity owner
subclass of: Restriction
  on property: holds
  some values from: ShareholdersEquity
definition: entity owner that holds an equity stake in said entity, in the form of shareholders' equity
explanatory note: Typically this would be share ownership or the holding of partnership equity. Ownership in this 'constitutional' sense means that the owner is in some way a member of the organization, such as an employee or director, as distinct from some outside investor.

controlling equity
type: Class
subclass of: ShareholdersEquity
subclass of: Restriction
  on property: confers
  all values from: DeJureControl
definition: shareholders's equity that formally confers control in the entity, either by law or as explicitly stated in a corresponding equity instrument

direct consolidation
type: Class
subclass of: entity ownership
definition: direct ownership of an entity recorded as accounting consolidation

entity owner
type: Class
subclass of: Owner
subclass of: Restriction
  on property: holds
  some values from: OwnersEquity
definition: owner (person, group of people, or other business entity) that owns, or holds an ownership interest in, a formal business organization

entity ownership
type: Class
subclass of: Ownership
subclass of: Restriction
  on property: isQualifiedBy
  on class: relationship qualifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: isConferredBy
  on class: Class
    union of: OwnersEquity
    union of: Contract
  min qualified cardinality: 0
subclass of: Restriction
  on property: has ownership percentage
  min qualified cardinality: 0
  on data range: decimal
subclass of: Restriction
  on property: isClassifiedBy
  on class: relationship status
  qualified cardinality: 1
subclass of: Restriction
  on property: has owned entity
  some values from: Class
    union of: not for profit organization
    union of: business entity
    union of: LegalEntity
subclass of: Restriction
  on property: has owning entity
  some values from: LegalPerson
definition: ownership by some party of an interest in some non-governmental formal organization

foreign branch ownership
type: Class
subclass of: entity ownership
definition: ownership by some party of some formal organization or organizational sub-unit that is a foreign affiliate and legally part of the owning entity

investment equity
type: Class
subclass of: OwnersEquity
subclass of: Restriction
  on property: isHeldBy
  some values from: investor
definition: equity that represents an ownership interest in some entity, but may or may not take the form of shareholders's equity
editorial note: Typically an investment in some entity may take the form of shares (issued or privately held), i.e., shareholders' equity, or it may take the form of some capital amount which is not reflected in shareholders' equity. In each case, there would typically be a contractual basis for the investment setting out what controls or other benefits accrue to the investor.

investor
type: Class
subclass of: entity owner
subclass of: ContractParty
subclass of: Restriction
  on property: holds
  some values from: investment equity
definition: party that owns some stake in some organization by way of investment
editorial note: This is regardless of whether or not the investor is also a constitutional owner (e.g. shareholder) in the entity.

investor contract
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: definesTermsFor
  some values from: investment equity
definition: Contract setting out the terms under which some investor invests in the entity and setting out the rights which are conferred on that investor.

ultimate ownership
type: Class
subclass of: entity ownership
definition: highest-level (top, end) ancestral ownership, evidenced by accounting consolidation, by some party of some other legal entity

guarantees
type: ObjectProperty
definition: provides a formal assurance or promise, esp. that certain conditions shall be fulfilled relating to a product, service, or transaction

has direct ownership
type: ObjectProperty
sub property of: experiences
domain: Class
  union of: not for profit organization
  union of: business entity
  union of: LegalEntity
range: entity ownership
inverse of: has owned entity
definition: relates a formal organization to the situation in which it is owned directly by another entity

has direct owning entity
type: ObjectProperty
property chain axiom: has direct ownership
property chain axiom: has owning entity
definition: relates a formal organization to a direct legal person / owner

has investment entity
type: ObjectProperty
property chain axiom: has investment ownership
property chain axiom: has owned entity
definition: relates a legal person to a directly owned formal organization or subsidiary, depending on the percent ownership interest

has investment ownership
type: ObjectProperty
sub property of: playsActiveRoleIn
domain: LegalPerson
range: entity ownership
inverse of: has owning entity
definition: relates a legal person to the context in which it owns a formal organization

has owned entity
type: ObjectProperty
sub property of: isExperiencedBy
domain: entity ownership
range: Class
  union of: not for profit organization
  union of: business entity
  union of: LegalEntity
definition: indicates a formal organization, including potentially a sole proprietorship, that is owned by a legal person

has owning entity
type: ObjectProperty
sub property of: hasActiveParty
domain: entity ownership
range: LegalPerson
definition: indicates a party that owns a formal organization

general partner
type: Class
subclass of: de jure controlling interest party
subclass of: partner
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: hasCapacity
    some values from: LiabilityCapacity
disjoint with: limited partner
definition: partner and part-owner that is responsible for managing the day to day operations of the partnership and that may be jointly and severally liable for the obligations of the partnership
explanatory note: Note that although typically a general partner is a person, in the context of certain funds, such as private equity, a general partner may be a firm that manages the fund.

general partnership
type: Class
subclass of: partnership
subclass of: Restriction
  on property: has general partner
  some values from: general partner
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: playsRole
    on class: general partner
    min qualified cardinality: 2
definition: partnership that has at least two general partners that agree to share in all assets, profits, and financial and legal liabilities of the business
abbreviation: GP
explanatory note: General partnerships are the most basic and common form of partnership world-wide.

limited liability limited partnership
type: Class
subclass of: limited partnership
definition: limited partnership that consists of one or more general partners who are liable for the obligations of the entity as well as one or more protected limited liability partners
abbreviation: LLLP
explanatory note: The primary difference between an LLLP and more traditional limited partnership is that an LLLP allows liability transfer from the general partner's (to external insurer) for debts and obligations of the limited partnership. Typically, general partners manage the LLLP, while the limited partners' interest is primarily for investment purposes.

limited liability partnership
type: Class
subclass of: partnership
subclass of: Restriction
  on property: has general partner
  some values from: general partner
disjoint with: limited partnership
definition: partnership that has general partners but provides its individual partners some level of protection against personal liability for certain partnership liabilities
example: Law firms, accountancies, wealth managers, professional medical groups, and other professional consultancies often take the form of a limited liability partnership.
example: One example of a limited liability partnership is that of an incorporated limited partnership (ILP) in Australia.
abbreviation: LLP
explanatory note: LLPs are a flexible legal and tax entity that allows partners to benefit from economies of scale by working together while also reducing their liability for the actions of other partners.

limited partner
type: Class
subclass of: partner
definition: partner whose liabilities are limited to the extent of their investment or guarantees and that has no involvement in the day to day operations of the partnership

limited partnership
type: Class
subclass of: partnership
subclass of: Restriction
  on property: has general partner
  some values from: general partner
subclass of: Restriction
  on property: has limited partner
  some values from: limited partner
definition: partnership that has at least one general partner and at least one limited partner
example: In the United States, film production companies, real estate investment firms, and private equity firms are typically formed as limited partnerships. In the United Kingdom, limited partnerships are governed by the Limited Partnerships Act 1907 and, on matters on which that Act is silent, also by the Partnership Act 1890.
abbreviation: LP
explanatory note: Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability. Similar to a general partnership, the general partners have management control, share the right to use partnership property, share the profits of the firm in predefined proportions, and have joint and several liability for the debts of the partnership.

partner
type: Class
subclass of: constitutional owner
subclass of: OrganizationMember
subclass of: Restriction
  on property: isPlayedBy
  on class: LegalPerson
  qualified cardinality: 1
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    some values from: partnership
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: partnership agreement
definition: co-owner, member, and agent of a partnership whose participation level, including proportional liabilities and share in the profit / loss of the business is specified in a partnership agreement

partnership
type: Class
subclass of: business entity
subclass of: LegalEntity
subclass of: Restriction
  on property: hasObjective
  on class: profit objective
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: playsRole
    some values from: partner
subclass of: Restriction
  on property: isGovernedBy
  some values from: partnership agreement
definition: association of two or more legal persons to carry on as co-owners a business for profit
explanatory note: Partnerships exist in many countries world-wide. Examples of the laws related to the establishment and operation of partnerships include the Partnership Act of 1890 in the United Kingdom and the Uniform Partnership Act in the United States.
explanatory note: Whether or not partnerships are established through, for example, incorporation, depends on the jurisdiction. Partnerships typically not corporations in the US, but can be in Australia and Ghana. See https://legalvision.com.au/what-are-incorporated-limited-partnerships/ and http://swiftlaw.co/incorporated-partnership/ for additional details.

partnership agreement
type: Class
subclass of: organization covering agreement
subclass of: Restriction
  on property: hasPartyRole
  some values from: partner
definition: contract between partners in a partnership that establishes the terms and conditions of the relationship between the partners
synonym: articles of partnership

has general partner
type: ObjectProperty
sub property of: isAffectedBy
domain: partnership
range: general partner
definition: indicates an actor that has some measure of control over the partnership

has limited partner
type: ObjectProperty
sub property of: isAffectedBy
domain: partnership
range: limited partner
definition: indicates an actor that may have some measure of influence over the partnership

is general partner of
type: ObjectProperty
sub property of: actsOn
domain: general partner
range: partnership
inverse of: has general partner
definition: indicates the organization that the general partner manages

is limited partner of
type: ObjectProperty
sub property of: actsOn
domain: limited partner
range: partnership
inverse of: has limited partner
definition: indicates the organization that the limited partner participates in

limited liability company
type: Class
subclass of: private company with limited liability
subclass of: Restriction
  on property: playsRole
  on class: Restriction
    on property: has managing member
    some values from: managing member
  min qualified cardinality: 0
subclass of: Restriction
  on property: playsRole
  some values from: Restriction
    on property: has controlling organization member
    some values from: limited liability company member
definition: private limited company that combines the pass through taxation of a sole proprietorship or partnership with the limited liability of a corporation
abbreviation: LLC

limited liability company member
type: Class
subclass of: de jure controlling interest party
subclass of: entity controlling party
subclass of: entity owner
subclass of: OrganizationMember
subclass of: Restriction
  on property: is controlling member of
  on class: Restriction
    on property: isPlayedBy
    some values from: limited liability company
  min qualified cardinality: 0
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    some values from: limited liability company
definition: owner of an interest in a limited liability company

limited liability company taxed as a corporation
type: Class
subclass of: limited liability company
definition: limited liability company that has elected to have corporate tax status
abbreviation: C-LLC
explanatory note: In the United States, LLCs that elect to be taxed as a corporation do so by filing an IRS Form 8832.

manager-managed limited liability company
type: Class
subclass of: limited liability company
definition: limited liability company in which the members appoint one or more managers to handle the daily operations and administrative responsibilities of the organization
explanatory note: If no members are interested in managing the LLC, an external manager (someone who doesn't own any portion of the LLC) can be hired to run the business operations, including, in some jurisdictions, a third-party entity, such as another company.

managing member
type: Class
subclass of: principal party
subclass of: limited liability company member
subclass of: Restriction
  on property: is managing member of
  some values from: Restriction
    on property: isPlayedBy
    some values from: limited liability company
definition: owner of an interest in a limited liability company who also runs the day-to-day business operations

private company with limited liability
type: Class
subclass of: business entity
subclass of: LegalEntity
definition: hybrid business entity having characteristics of both a corporation and a partnership or sole proprietorship (depending on how many owners there are)
adapted from: https://en.wikipedia.org/wiki/Limited_liability_company#Overview
explanatory note: A private company with limited liability, although a business entity, is not a corporation. The primary characteristic this legal form shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation. It is often more flexible than a corporation, and it is well-suited for companies with a single owner.

private limited company
type: Class
subclass of: private company with limited liability
definition: private limited company whose shareholders' liability is limited to the capital they originally invested
abbreviation: Ltd.
explanatory note: Private limited companies are common in countries including the U.K., Ireland, and Canada. They have one or more members, also called shareholders or owners, who buy in through private sales. Directors are company employees who keep up with all administrative tasks and tax filings but do not need to be shareholders.

has managing member
type: ObjectProperty
sub property of: has controlling organization member
range: managing member
definition: indicates a managing member in a controlling role of a limited liability company that has responsibility for the day-to-day business operations

is managing member of
type: ObjectProperty
sub property of: is controlling member of
domain: managing member
inverse of: has managing member
definition: indicates the controlled limited liability company that the managing member runs

sole proprietor
type: Class
subclass of: entity owner
subclass of: Restriction
  on property: isPlayedBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: has investment entity
  some values from: sole proprietorship
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: ownsAndControls
    some values from: sole proprietorship
definition: party that owns a business, has the rights to all profits from that business and is considered a single entity (unincorporated) together with that business for tax and liability purposes
explanatory note: A sole proprietor has unlimited liability with respect to any business debts.
synonym: sole owner
synonym: sole trader

sole proprietorship
type: Class
subclass of: business entity
subclass of: LegalPerson
subclass of: Restriction
  on property: isOwnedAndControlledBy
  on class: legally competent natural person
  qualified cardinality: 1
subclass of: Restriction
  on property: hasCapacity
  some values from: LiabilityCapacity
definition: unincorporated business owned by a single person

irrevocable trust
type: Class
subclass of: trust
disjoint with: revocable trust
definition: trust that cannot be modified, amended or terminated except under certain legal circumstances and typically not without the permission of the grantor's named beneficiary or beneficiaries
explanatory note: Irrevocable trusts also offer asset protection from future creditors and lawsuits.

living trust
type: Class
subclass of: trust
definition: trust created during an individual's lifetime where a designated person, the trustee, is given responsibility for managing that individual's assets for the benefit of the eventual beneficiary
explanatory note: A living trust is designed to allow for the easy transfer of the trust creator or settlor's assets while bypassing the often complex and expensive legal process of probate. Living trust agreements designate a trustee who holds legal possession of assets and property that flow into the trust.

revocable trust
type: Class
subclass of: trust
definition: trust in which legal ownership of the trust property is transferred to the trustee, but the trustor retains full power to revoke, modify or amend the trust

testamentary trust
type: Class
subclass of: irrevocable trust
definition: trust established in accordance with the instructions contained in a last will and testament
explanatory note: A will could have more than one testamentary trust. The trustee named is responsible for managing and distributing the trustor's assets to the beneficiaries as directed in the will. Sometimes called a will trust, the testamentary trust is irrevocable.

trust
type: Class
subclass of: business entity
subclass of: LegalEntity
subclass of: Restriction
  on property: isGovernedBy
  on class: trust agreement
  qualified cardinality: 1
subclass of: Restriction
  on property: hasPartyRole
  some values from: trust beneficiary
subclass of: Restriction
  on property: hasPartyRole
  some values from: trustee
subclass of: Restriction
  on property: hasPartyRole
  some values from: trustor
definition: fiduciary relationship and legal entity in which one party, known as a trustor, gives another party, the trustee, the right to hold title to and manage assets for the benefit of a third party, the beneficiary

trust agreement
type: Class
subclass of: organization covering agreement
subclass of: Restriction
  on property: hasPartyRole
  some values from: trust beneficiary
subclass of: Restriction
  on property: hasPartyRole
  some values from: trustee
subclass of: Restriction
  on property: hasPartyRole
  some values from: trustor
definition: formal agreement that establishes a trust, whereby the trustor(s) gives the trustee(s) the responsibility to hold and manage assets for the beneficiary(ies)
explanatory note: A trust agreement typically states the (1) purpose for which the trust was established and fulfillment of which will terminate the trust, (2) details of the assets placed in the trust, (3) powers and limitations of the trustees, their reporting requirements, and other associated provisions, and (4) may also specify the trustees' compensation, if any. A trust agreement involving real estate requires its exact description and the trustor's express, written consent to create the trust to be valid.
synonym: trust deed
synonym: trust document
synonym: trust instrument

trust beneficiary
type: Class
subclass of: Beneficiary
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    all values from: trust agreement
definition: party for whose interest (benefit) an annuity, assignment (such as a letter of credit), contract, insurance policy, judgment, promise, trust, will, etc., is made

trust fund manager
type: Class
subclass of: legally delegated authority
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: manages
    all values from: trust
definition: party empowered to act on behalf of the trustee to manage the assets of the trust

trustee
type: Class
subclass of: legally delegated authority
subclass of: OrganizationMember
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    all values from: trust
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: manages
    all values from: trust
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    on class: trust agreement
    qualified cardinality: 1
definition: party that holds and manages assets for the benefit of another
explanatory note: The trustee is legally obliged to make all trust-related decisions with the beneficiary's interests in mind, and may be liable for damages in the event of not doing so. Trustees may be entitled to a payment for their services, if specified in the trust agreement. In the specific case of the bond market, a trustee administers a bond issue for a borrower, and ensures that the issuer meets all the terms and conditions associated with the borrowing.

trustor
type: Class
subclass of: OrganizationMember
subclass of: Restriction
  on property: isPlayedBy
  all values from: Party
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    on class: trust agreement
    qualified cardinality: 1
definition: party that establishes a trust and places property under the protection and management of one or more trustees for the benefit of at least one beneficiary
explanatory note: It is not always necessary to identify the trustor who may be also be a trustee and/or one of the beneficiaries. In legal parlance, a trustor is called a settlor in the UK and a grantor in the US, whereas in common usage he or she may also be called a creator, donor, initiator, owner, or trust maker.
synonym: grantor
synonym: settlor

hasBeneficiary
type: ObjectProperty
deprecated: true
equivalent property: hasBeneficiary

has trustee
type: ObjectProperty
sub property of: isAffectedBy
domain: trust
range: trustee
inverse of: is trustee of
definition: links a trust to a named trustee

isBeneficiaryOf
type: ObjectProperty
deprecated: true
equivalent property: isBeneficiaryOf

is trustee of
type: ObjectProperty
sub property of: actsOn
domain: trustee
range: trust
definition: identifies the trust over which a trustee has some measure of control

action
type: Class
subclass of: Occurrence
subclass of: Restriction
  on property: isClassifiedBy
  some values from: action classifier
subclass of: Restriction
  on property: appliesTo
  some values from: Class
    union of: security
    union of: LegalEntity
definition: event announced, initiated or carried out by an organization that affects a legal entity or the securities it issues and may have a material impact on that entity's stakeholders, such as shareholders and creditors
example: Actions that impact an entity may be initiated by an issuer, exchange, regulator, creditor, or other third party.
explanatory note: Actions initiated by an issuer are typically approved by that company's board of directors and authorized by their shareholders.

action classification scheme
type: Class
subclass of: ClassificationScheme
subclass of: CodeSet
subclass of: Restriction
  on property: hasMember
  all values from: action classifier
subclass of: Restriction
  on property: defines
  some values from: action classifier
definition: scheme for classifying the kinds of actions and events that may be announced, initiated or carried out by an organization that affects a legal entity or the securities it issues
usage note: The set of corporate actions and income events included herein are a subset of those specified in a combination of ISO 15022 Securities - Scheme for Messages (Data Field Dictionary) and the GLEIF LEI-related corporate actions. Other schemes that are specific to a custodian, depository, or regulatory agency may also be important, and should take a similar approach with respect to classification.

action classifier
type: Class
subclass of: OccurrenceKind
subclass of: Classifier
subclass of: Restriction
  on property: isMemberOf
  on class: action classification scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  on class: action classification scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: hasTag
  some values from: string
subclass of: Restriction
  on property: classifies
  some values from: action
definition: classifier that distinguishes the kinds of actions and events that may be announced, initiated or carried out by an organization that affects a legal entity or the securities it issues, such as income-oriented events
explanatory note: ISO 15022 classifies events as impacting income vs. others. Other classification schemes distinguish between actions that return profits to shareholders, actions that are designed to influence the share price, and actions involving a change in structure to the issuer organization.

action status
type: Class
subclass of: LifecycleStatus
subclass of: Restriction
  on property: hasTag
  some values from: string
subclass of: Restriction
  on property: classifies
  some values from: action
definition: state of some action at some point in time

business strategy classifier
type: Class
subclass of: action classifier
definition: classifier of corporate actions that involve improving liquidity or changing the overall structure of the organization through diversification, combining and closing parts of the business, etc, to increase long-term profitability

change action
type: Class
subclass of: mandatory corporate action
definition: corporate action to disseminate information regarding a change further described in the corporate action details
explanatory note: Generic changes may include a change in the terms of an issue, change in the identification of a security, change of board lot, change from global to definitive, etc.

class action
type: Class
subclass of: voluntary corporate action
definition: corporate action involving a situation where interested parties seek restitution for financial loss
explanatory note: The security holder may be offered the opportunity to join a class action proceeding and would need to respond with an instruction.
synonym: proposed settlement

consent solicitation
type: Class
subclass of: voluntary corporate action
definition: corporate action that is a procedure that aims to obtain consent of holder to a proposal by the issuer or a third party without convening a meeting
example: For example, consent to change the terms of a bond.

corporate action
type: Class
subclass of: action
definition: action carried out by or specifically relating to a legal entity that may affect the securities it issues and may have a material impact on its stakeholders, such as shareholders and creditors
example: Examples of corporate actions include share issues, stock splits, consolidation, dividends, mergers and acquisitions, rights issues, spin-offs, and the inception of court actions.
explanatory note: Corporate actions are typically approved by a company's board of directors and authorized by the shareholders.

disclosure action
type: Class
subclass of: voluntary corporate action
definition: corporate action involving a request for holders or beneficial owners to disclose their name, location and holdings of any issue to the issuer

divestiture
type: Class
subclass of: mandatory corporate action
definition: corporate action involving the sales of subsidiary business interests or investments
note: Divestiture is an action or process involving the sale, spinoff, or liquidation of business assets, including product lines, services, subsidiaries, business property, or even an entire business. Companies may pursue a divestment strategy to refocus on their core business, in response to the operating environment in their industry, to raise capital, or to release underperforming assets.

income-oriented classifier
type: Class
subclass of: action classifier
definition: classifier of corporate actions that impacts income to shareholders
explanatory note: Cash dividends are a classic example where a public company declares a dividend to be paid on each outstanding share. Bonus is another case where the shareholder is rewarded. In a stricter sense, the bonus issue should not impact the share price but in reality, in rare cases, it does and results in an overall increase in value.

legal form change
type: Class
subclass of: mandatory corporate action
definition: corporate action indicating a modification of the legal form of the organization
example: In the United States it is common for companies established as Subchapter S Corporations (S-Corp), typically early stage companies, to modify their structure to become full-fledged Subchapter C Corporations (C-Corp) to facilitate outside fundraising, mergers, acquisitions, and public offerings. Other common form changes include migration from sole proprietorships to more formally registered organizations (e.g., LLC, S-Corp, C-Corp, etc.)

liquidation
type: Class
subclass of: divestiture
definition: corporate action related to winding up a business, including but not limited to distribution of cash, assets, or both
explanatory note: Debt may be paid in order of priority based on preferred claims to assets specified by a security, for example.

mandatory corporate action
type: Class
subclass of: corporate action
disjoint with: voluntary corporate action
definition: action initiated by the board of directors of a corporation that affects all shareholders
example: Examples of mandatory corporate actions include cash dividends, stock splits, mergers, pre-refunding, return of capital, bonus issue, asset ID change, and spin-offs.
explanatory note: Mandatory means mandatory participation by all shareholders, however the shareholder is not required to do anything.

mandatory with choice corporate action
type: Class
subclass of: mandatory corporate action
definition: mandatory corporate action where shareholders are given an opportunity to choose among several options
explanatory note: In case a shareholder does not submit the election, the default option will be applied.

market action
type: Class
subclass of: action
definition: action that is initiated by a market, such as a securities exchange, that affects a legal entity or the securities it issues and may have a material impact on that entity's stakeholders, such as shareholders and creditors

merger / acquisition
type: Class
subclass of: mandatory corporate action
definition: corporate action involving the consolidation of legal entities or assets
explanatory note: Such consolidation may be accomplished via financial transactions such as mergers, acquisitions, consolidations, tender offers, purchase of assets, and management acquisitions.

notification
type: Class
subclass of: mandatory corporate action
definition: corporate action involving information provided by the issuer having no accounting/financial impact on the holder

organization address change
type: Class
subclass of: notification
definition: information action that provides details of address changes for a legal entity
note: Address changes may impact securities master data management, including but not limited to where shares are registered and by whom.

organization name change
type: Class
subclass of: notification
definition: information action that provides details of name changes for a legal entity
note: Name changes may include legal name changes as well as 'doing business as', and other operational names for an organization.

priority issue
type: Class
subclass of: voluntary corporate action
definition: corporate action that is a public offer where, due to a limited amount of securities available, priority is given to existing shareholders

regulatory action
type: Class
subclass of: action
definition: action initiated by a regulatory agency that affects a legal entity or the securities it issues and may have a material impact on that entity's stakeholders, such as shareholders and creditors

spin off
type: Class
subclass of: divestiture
definition: corporate action involving the distribution of subsidiary stock to the shareholders of the parent company without a surrender of shares
explanatory note: Spin-off represents a form of divestiture usually resulting in an independent company or in an existing company. Examples include demerger, distribution, and unbundling.

voluntary corporate action
type: Class
subclass of: corporate action
definition: event in which the shareholders elect to participate and must respond in order for the issuer to process the action
example: An example of a voluntary corporate action is a tender offer, in which the issuer may request shareholders to tender their shares at a predetermined price.
explanatory note: Shareholders send responses to the issuer's agents, and the issuer will send the proceeds of the action to those shareholders who elect to participate.

asset-backed credit default swap
type: Class
subclass of: credit default swap
definition: credit default swap whose underlying reference obligation is an asset-backed security rather than corporate credit
abbreviation: ABCDS
explanatory note: In the case of an ABCDS, the buyer receives protection for defaults on asset-backed securities or tranches of securities, rather than protecting against the default of a particular issuer. Asset-backed securities are securities backed by a pool of loans or receivables, such as auto loans, home equity loans or credit cards loans.

basket credit default swap
type: Class
subclass of: multi-name credit default swap
definition: credit default swap that references a bespoke, synthetic portfolio of underlying assets whose components have been agreed to for a specific OTC derivative by the parties to the transaction
adapted from: Draft paper on Credit Default Swaps from the Federal Reserve Board, available at https://www.federalreserve.gov/econres/feds/files/2022023pap.pdf
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code

basket of credit default swaps
type: Class
subclass of: WeightedBasket
subclass of: DatedStructuredCollection
subclass of: Restriction
  on property: hasMember
  some values from: credit default swap
definition: basket of reference obligations are credit default swap instruments
explanatory note: Note that the CDS Index is broken down into tranches depending on different types of credits, for example, investment grade and high yield. Tranches are defined by attachment and detachment points for the index loss distribution. It means that when default events occur the lower-level tranches absorb the loss up to the detachment point, before moving to the next senior tranche.

cash settlement method
type: Class
subclass of: price determination method
definition: strategy for calculating or otherwise establishing a reference final price for the contract
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
explanatory note: The method may include an independently administered synthetic auction process that sets the reference final price.

contingent credit default swap
type: Class
subclass of: credit default swap
definition: credit default swap in which an additional triggering event is required
abbreviation: CCDS
explanatory note: In a contingent credit default swap, the trigger requires both a credit event (as in a traditional credit default swap) and another specified event. The additional specified event is usually a significant movement in an index covering equities, commodities, interest rates, or some other overall measure of the economy or relevant industry.

credit default swap
type: Class
subclass of: credit derivative
subclass of: swap
subclass of: Restriction
  on property: hasOccurrence
  on class: settlement auction
  min qualified cardinality: 0
subclass of: Restriction
  on property: has contract price
  some values from: MonetaryPrice
subclass of: Restriction
  on property: hasContractualElement
  some values from: credit protection terms
subclass of: Restriction
  on property: specifies
  some values from: triggering event
definition: bilateral contract in which one party (protection seller) agrees to provide payment to the other party (protection buyer) should a credit event occur against the underlying, which could be a specified debt (the reference obligation), a specific debt issuer (reference entity), a basket of reference entities and/or reference obligations, or a credit index (reference index)
abbreviation: CDS
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
explanatory note: According to a 2022 working paper from the Federal Reserve, "credit default swaps (CDS) are, by far, the most common type of credit derivative. They are financial instruments that allow the transfer of credit risk among market participants, potentially facilitating greater efficiency in the pricing and distribution of credit risk. In its most basic form, a CDS is a contract where a 'protection buyer' agrees to make periodic payments (the CDS 'spread' or premium) over a predetermined number of years (the maturity or term of the CDS) to a 'protection seller' in exchange for a payment from the protection seller in the event of default by a 'reference entity.' CDS premiums tend to be paid quarterly and are set as a percentage of the total amount of protection bought (the 'notional amount' of the contract). CDS maturities generally range from one to ten years, with the five-year maturity being particularly common." See https://www.federalreserve.gov/econres/feds/files/2022023pap.pdf for more detail.
explanatory note: Note that the effective date of the contract indicates the starting date of the credit protection defined therein.

credit default swap index
type: Class
subclass of: ReferenceIndex
subclass of: Restriction
  on property: is based on
  some values from: basket of credit default swaps
definition: index whose underlying reference obligations are credit default swap instruments

credit event notice
type: Class
subclass of: Notice
subclass of: Restriction
  on property: isAbout
  some values from: triggering event
subclass of: Restriction
  on property: isProvidedBy
  some values from: notifying party
definition: irrevocable written or verbal notice that states that a triggering event has occurred
explanatory note: Notices of certain kinds of credit events are required as a condition of a credit default swap. Such notices are sent from a notifying party (either the buyer or the seller) to the counterparty. They provide information that assists the contract parties in determining whether a triggering credit event has occurred.

credit protection terms
type: Class
subclass of: derivative terms
subclass of: Restriction
  on property: has scheduled termination date
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: allows substitution
  min qualified cardinality: 0
  on data range: boolean
subclass of: Restriction
  on property: hasBuyer
  some values from: deliverable obligation buyer
subclass of: Restriction
  on property: hasSeller
  some values from: deliverable obligation seller
subclass of: Restriction
  on property: specifies
  some values from: deliverable asset
subclass of: Restriction
  on property: specifies
  some values from: triggering event
definition: legal terms that define triggering events and associated conditions related to settlement
explanatory note: Note that there may be additional payment schedules or a more complex calculation formula required depending on the terms of the contract.
synonym: contingent leg

deliverable asset
type: Class
subclass of: Asset
definition: asset that must be delivered as a part of the process of settling a credit default swap
explanatory note: If the reference obligation is a bond, the deliverable asset (obligation) may be a different bond. If it is a loan, the deliverable asset may involve assigment of a loan.

deliverable obligation buyer
type: Class
subclass of: ContractParty
subclass of: Buyer
definition: contract party that is obliged to purchase a deliverable obligation (asset) if a triggering event occurs, depending on the event and the contract

deliverable obligation seller
type: Class
subclass of: ContractParty
subclass of: Seller
definition: contract party that is obliged to sell a deliverable obligation (asset) if a triggering event occurs, depending on the event and the contract

escrow agent
type: Class
subclass of: RegisteredAgent
subclass of: ContractThirdParty
subclass of: Restriction
  on property: holds
  some values from: deliverable asset
definition: third party that holds an asset or funds before they are formally transferred from one party to another party, per the terms of a contract, within some specified time period and/or when a triggering event occurs
explanatory note: Use of an escrow agent is one possible mechanism that may be used in some cases, as specified in a credit default swap contract, for delivery purposes.

index credit default swap
type: Class
subclass of: multi-name credit default swap
definition: credit default swap that references a family of standardized credit derivative indices, where the underlying reference entities are a defined basket of credit from a particular geographic region (e.g. Asia, North America, Europe), and/or credit rating level (e.g. emerging markets, high yield, investment grade)
adapted from: Draft paper on Credit Default Swaps from the Federal Reserve Board, available at https://www.federalreserve.gov/econres/feds/files/2022023pap.pdf
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
explanatory note: Credit default indices trade in standard maturities, and the reference entities are typically the most liquid; the reference portfolio is reassessed periodically to maintain this.

index tranche credit default swap
type: Class
subclass of: multi-name credit default swap
definition: credit default swap that references a synthetic collateralized debt obligation (CDO) based on a credit index where each tranche references a different segment of the loss distribution of the underlying index
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
explanatory note: Each tranche has a different priority of claims on the principal and interest flows from the collateral pool, and is traditionally portioned into rising levels of seniority.

loan credit default swap
type: Class
subclass of: credit default swap
definition: credit default swap whose underlying reference obligation is limited strictly to syndicated secured loans, rather than any type of corporate debt
abbreviation: LCDS

multi-name credit default swap
type: Class
subclass of: credit default swap
definition: credit default swap that references more than one obligation or borrower
adapted from: Draft paper on Credit Default Swaps from the Federal Reserve Board, available at https://www.federalreserve.gov/econres/feds/files/2022023pap.pdf
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
explanatory note: For instance, a multiname contract could be written to cover defaults in a reference portfolio (such as in the case of a basket credit default swap) or, as has been increasingly common over the past couple of decades,be based on an index of commonly negotiated single-name CDS. The latter are generally called CDS indexes.
synonym: multiname credit default swap

notifying party
type: Class
subclass of: PartyRole
subclass of: Class
  union of: ContractParty
  union of: ContractThirdParty
definition: party responsible for issuing one or more formal notices indicating that an event that is relevant to a given contract has taken place
explanatory note: The notifying party is the party that notifies the other party when a credit or other triggering event has occurred by means of a credit event notice. If more than one party is referenced as being the notifying party then either party may notify the other of such an occurrence.

settlement auction
type: Class
subclass of: settlement event
definition: independently administered synthetic auction process on a set of defined deliverable obligations that sets the reference final price that can be used to facilitate cash settlement of all covered transactions following a credit event
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code

single name credit default swap
type: Class
subclass of: credit default swap
definition: credit default swap whose underlying risk is a single reference obligation, or a single reference entity, such as a corporation or a sovereign borrower
adapted from: Draft paper on Credit Default Swaps from the Federal Reserve Board, available at https://www.federalreserve.gov/econres/feds/files/2022023pap.pdf
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code

triggering event
type: Class
subclass of: Occurrence
definition: event that relates to or triggers some aspect of a credit default swap
explanatory note: A triggering event is typically a credit event, but could be anything that happens in the marketplace. For example, a weather-specific contract could be triggered by a hurricane - which wouldn't be considered a credit event per se.

allows substitution
type: DatatypeProperty
domain: credit protection terms
range: boolean
definition: indicates whether it is possible to substitute other obligations in place of the specified deliverable obligation

has contract price
type: ObjectProperty
sub property of: hasPrice
range: MonetaryPrice
definition: specifies a predetermined price at which the buyer purchases the credit default swap contract

has minimum quotation amount
type: ObjectProperty
sub property of: hasMonetaryAmount
domain: cash settlement terms
range: MonetaryAmount
definition: indicates a minimum intended threshold amount of outstanding principal balance of the reference obligation for which the quote should be obtained

has quotation method
type: ObjectProperty
sub property of: has price determination method
domain: cash settlement terms
range: cash settlement method
definition: indicates the nature of the pricing quotations to be requested from banks and/or dealers when determining the market value of the reference obligation for purposes of cash settlement

has scheduled termination date
type: ObjectProperty
sub property of: hasTerminationDate
domain: credit protection terms
range: ExplicitDate
definition: date on which credit protection is due to expire as agreed by both parties

agricultural resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is obtained via some agricultural process, including forestry, fishing, livestock, grain, dairy, corn, cocoa, soybeans, sugar, coffee
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

base metal
type: Class
subclass of: metal
disjoint with: PreciousMetal
definition: common metal that tarnishes, oxidizes, or corrodes relatively quickly when exposed to air or moisture, that is widely used in commercial and industrial applications, such as construction and manufacturing
explanatory note: Base metals or alloys include metals other than precious metals, such as copper, lead, zinc, tin, iron, steel, or brass. Note that iron and steel are included under metal and metal products in some classification schemes - see https://fred.stlouisfed.org/series/WPU101 for example.

basket of commodities
type: Class
subclass of: WeightedBasket
subclass of: Restriction
  on property: hasMember
  some values from: commodity basket constituent
definition: custom basket whose constituents consist of one or more negotiable commodities
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
explanatory note: A commodity basket may contain constituents from one of the potential underlying assets or from multiple underlying assets.

bullion
type: Class
subclass of: PreciousMetal
definition: physical precious metal that is officially recognized as being at least 99.5 percent pure
example: In the United States, bullion that is eligible for reference in a commodities contract may include U.S. gold Buffalo coins minted by the U.S. Mint that are 1 troy ounce, 0.5 ounce, 0.25 ounce, or 0.10 ounce; 1 ounce silver coins; certain platinum coins; and gold, silver, palladium, and platinum bullion that meet or exceed the fineness requirements of a regulated futures contract. Bullion must also be certified by an approved certifier, typically identified by an exchange, including but not limited to the U.S. Mint.
explanatory note: Physical metals fall into two categories: (1) bullion, which are coins, ingots or bars of a specific weight and purity; and (2) "numismatic" or collectible coins, which can be rare or old coins, or special proofs that are newly minted as collectibles. If a particular asset is identified as "numismatic" or "collectible", it is, by definition, not considered bullion aside from its melt value.

commodity basket constituent
type: Class
subclass of: WeightedBasketConstituent
subclass of: Restriction
  on property: has commodity value as of date
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: involves
  on class: Commodity
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasAsOfDate
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasQuantityValue
  on class: ScalarQuantityValue
  min qualified cardinality: 0
definition: component of a custom commodity basket whose relative importance with respect to other basket constituents is known

commodity derivative
type: Class
subclass of: commodity instrument
subclass of: derivative instrument
subclass of: Restriction
  on property: has underlier
  on class: commodity derivative underlier
  min qualified cardinality: 0
definition: derivative instrument whose primary underlying item is a physical commodity, or the price, or related index, or any other aspect related to a physical commodity
explanatory note: The price of any commodity used as the basis for a commodity derivative may vary according to supply and demand as of the execution date of the contract and at various other times during the lifetime of the contract depending on contract terms. Valuation of a commodity derivative may depend on the spot price for the underlying commodity, futures price, supply and demand, convenience yield, cost of money and/or interest rates, volatility, which models were used to predict future pricing, and so forth.

commodity derivative underlier
type: Class
subclass of: underlier
subclass of: Restriction
  on property: has commodity value as of date
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: involves
  on class: Commodity
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasAsOfDate
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasQuantityValue
  on class: ScalarQuantityValue
  min qualified cardinality: 0
equivalent class: CommodityUnderlyingAsset
definition: underlier of a commodity derivative, including, but not limited to, the negotiable commodity itself
explanatory note: The underlying of a commodity swap may include a physical commodity, or the price, or behavior of the price, or any other aspect of a physical commodity.

commodity forward
type: Class
subclass of: commodity derivative
subclass of: forward
definition: forward contract in which a buyer and seller agree upon delivery of a specified quality and quantity of goods at a specified future date
adapted from: CFTC glossary
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
explanatory note: Commodity forwards are often settled via cash transactions in many industries, including for the purposes of commodity merchandising. Terms may be more "personalized" than is the case with standardized futures contracts (i.e., delivery time and amount are as determined between seller and buyer). A price may be agreed upon in advance, or there may be agreement that the price will be determined at the time of delivery. A forward contract is a private and customizable agreement that settles at the end of the agreement and is traded over-the-counter.

commodity future
type: Class
subclass of: commodity derivative
subclass of: future
disjoint with: financial future
definition: futures contract to buy or sell a predetermined amount of a commodity at a specific price on a specific date in the future
adapted from: CFTC glossary
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
explanatory note: A commodity future is an agreement to purchase or sell a commodity for delivery in the future: (1) at a price that is determined at initiation of the contract; (2) that obligates each party to the contract to fulfill the contract at the specified price; (3) that is used to assume or shift price risk; and (4) that may be satisfied by delivery or offset.

commodity index
type: Class
subclass of: ReferenceIndex
subclass of: Restriction
  on property: is based on
  some values from: basket of commodities
definition: investment vehicle that tracks a basket of commodities to measure their price and investment return performance
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

commodity option
type: Class
subclass of: commodity derivative
subclass of: vanilla option
definition: option where the option buyer has the right to buy or sell specified commodities or commodity related index at a fixed price or formula, on or before a specified date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

commodity return leg
type: Class
subclass of: return leg
subclass of: Restriction
  on property: has underlier
  some values from: commodity derivative underlier
definition: leg of a commodity return swap in which the return is based on a physical commodity, or the price, or behavior of the price, or any other aspect related to a physical commodity
explanatory note: The cash flows from a commodity may be negative as you have a cost from holding the commodity but there are no interim cash flows, so it equates to a negative interest rate. So a commodity swap is like a TRS in that it is based on the return on the increase in value.

commodity spot contract
type: Class
subclass of: commodity instrument
subclass of: spot contract
definition: contract that involves physical delivery of the commodity asset at settlement
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

commodity swap
type: Class
subclass of: commodity derivative
subclass of: return swap
subclass of: Restriction
  on property: has return leg
  some values from: commodity return leg
definition: commodity derivative that includes, without limitation, any swap for which the primary underlying notional item is a physical commodity, or the price, or behavior of the price, or the level of a commodity index, or other aspect related to a physical commodity
adapted from: CFTC glossary
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
explanatory note: Commodities that can be swapped include: energy. metal, agriculture, environmental, freight, polypropylene products, fertilizer, paper, single and multiple commodity indexes and baskets, and multi-commodity assets where each leg references a different commodity.
explanatory note: Commodity swaps typically involve the exchange of a floating commodity price for a set price over an agreed-upon period.

CommodityUnderlyingAsset
type: Class
deprecated: true

energy resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is an energy-related product, or a derivative of an energy-related product, including electricity, renewable energy, or any power/energy delivered through a utility network of provider; diesel fuel, fuel oil, gas oil, gasoline, heating oil, jet fuel, kerosene, natural gas, oil (Brent, Tapis, Dubai, WTI)
scope note: Note that the concept of an energy resource overlaps with generated resource and extraction resource but is not identical to either.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

energy transmission rights
type: Class
subclass of: energy resource
definition: rights to the transmission of power across an electricity distribution network

environmental resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity including offset credits
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

extraction resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is a mineral resource obtained via withdrawal from the natural environment
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
explanatory note: These resources include ores, which contain commercially valuable amounts of metals, such as iron and aluminum, as well as precious metals, such as silver, gold, and platinum; precious stones, such as diamonds; building stones, such as granite; and solid fuels, such as coal and oil shale.

fertilizer resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that includes ammonia, diammonium phosphate (DAP), potash, sulphur, urea, urea and ammonium nitrate (UAN)
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

freight resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is a freight index route
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

gas commodity
type: Class
subclass of: energy resource
subclass of: extraction resource
definition: extraction resource that is natural gas

generated resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity obtained via some generation process, including electricity, renewable energy, or any power/energy delivered through a utility network or provider
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

grain commodity
type: Class
subclass of: agricultural resource
definition: agricultural resource that is a small, hard seed, of a food plant, especially of a cereal plant, such as wheat, corn, rye, oats, rice, and millet

industrial resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is obtained via some industrial process, including construction and manufacturing
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

meat commodity
type: Class
subclass of: agricultural resource
definition: agricultural resource derived from the flesh of an animal (especially a mammal), such as pork bellies

metal
type: Class
subclass of: extraction resource
definition: material that, when freshly prepared, polished, or fractured, shows a lustrous appearance, and conducts electricity and heat relatively well
example: Examples include precious or industrial metal, such as aluminium, copper, gold, lead, nickel, platinum, silver, tin, zinc.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10
adapted from: https://en.wikipedia.org/wiki/Metal

oil commodity
type: Class
subclass of: generated resource
subclass of: Restriction
  on property: has grade
  some values from: oil grade
definition: generated resource that is a viscous liquid derived from petroleum, including for use as fuel, or as a lubricant, and the manufacture of many types of paints, plastics, and other materials

oil grade
type: Class
subclass of: Classifier
definition: measure of the viscosity of oil during operation

paper resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity that is a paper product, including containerboard, newsprint, pulp, recovered paper
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

polypropylene resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity including plastics
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

service resource
type: Class
subclass of: NegotiableCommodity
definition: negotiable commodity involving services such as transportation, communications, and trade
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10

weather derivative
type: Class
subclass of: commodity derivative
subclass of: derivative instrument
definition: derivative instrument whose primary underlying notional item is based on something related to the weather, for example, the average temperature in Chicago in January
adapted from: CFTC glossary, https://www.cftc.gov/LearnAndProtect/EducationCenter/CFTCGlossary/glossary_wxyz.html
explanatory note: In the CFI standard, weather is classified as an environmental resource.
explanatory note: Such a derivative can be used to hedge risks related to the demand for heating fuel or electricity. The underlying 'asset' is not a negotiable commodity per se, but because the weather can impact the prices and other things related to other commodities, weather derivatives are treated as commodity derivatives for regulatory purposes.

has commodity value as of date
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates the per unit value of a given commodity as of some specified date

has grade
type: ObjectProperty
domain: oil commodity
range: oil grade
definition: The grade of oil e.g. Brent Crude.

currency derivative
type: Class
subclass of: currency instrument
subclass of: derivative instrument
subclass of: Restriction
  on property: hasExchangeRateQuotationSource
  some values from: Class
    union of: publisher
    union of: exchange
    union of: FinancialServiceProvider
definition: agreement to deliver and settle a given amount of money in one currency, in exchange for a given amount in another currency at an agreed rate of exchange
abbreviation: FX derivative
synonym: foreign exchange derivative
synonym: forex derivative

currency forward
type: Class
subclass of: currency derivative
subclass of: forward
subclass of: Restriction
  on property: has forward exchange rate
  some values from: ExchangeRate
definition: agreement to deliver and settle a given amount of money in one currency, in exchange for a given amount in another currency, at an agreed date in the future and at an agreed rate of exchange
synonym: FX forward
synonym: foreign exchange forward

currency forward outright
type: Class
subclass of: currency forward
subclass of: Restriction
  on property: hasPart
  some values from: currency spot contract
subclass of: Restriction
  on property: hasPart
  some values from: currency swap
definition: forward contract in a foreign exchange market that locks in the price at which an entity must buy or sell a currency on a future date
explanatory note: The holders of a currency forward are obligated to buy or sell the currency at a specified price, at a specified quantity and on a specified future date. These contracts cannot be transferred. Jan 10 Review Notes Outright Forward is the term for the professional markets. Spot + Swap where Swap is 2 simultaneous transactions.
synonym: forward outright
synonym: outright forward currency transaction

currency option
type: Class
subclass of: currency derivative
subclass of: vanilla option
subclass of: Restriction
  on property: has strike rate
  some values from: ExchangeRate
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    on class: CurrencySpotBuyRate
    min qualified cardinality: 0
definition: option giving the buyer (holder) the right, but not the obligation, to buy or sell currency at a specified exchange rate during a specified period of time
abbreviation: FX option
explanatory note: For this right, a premium is paid to the broker, which will vary depending on the number of contracts purchased. Currency options are one of the best ways for corporations or individuals to hedge against adverse movements in exchange rates. Investors can hedge against foreign currency risk by purchasing a currency option put or call. For example, assume that an investor believes that the USD/EUR rate is going to increase from 0.80 to 0.90 (meaning that it will become more expensive for a European investor to buy U.S dollars). In this case, the investor would want to buy a call option on USD/EUR so that he or she could stand to gain from an increase in the exchange rate (or the USD rise).
synonym: foreign exchange option
synonym: forex option

currency spot contract
type: Class
subclass of: currency instrument
subclass of: spot contract
subclass of: Restriction
  on property: has spot exchange rate
  some values from: QuotedExchangeRate
definition: foreign-exchange contract for immediate delivery
explanatory note: Spot rates represent the price that a buyer expects to pay for a foreign currency in another currency at the time of the quote. Though the spot exchange rate is said to be settled immediately, the globally accepted settlement cycle for foreign-exchange contracts is two days. Foreign-exchange contracts are therefore settled on the second day after the day the deal is made.
synonym: foreign exchange spot contract

currency spot forward swap
type: Class
subclass of: currency swap
subclass of: Restriction
  on property: has leg
  some values from: currency spot contract
definition: foreign exchange agreement between two parties involving an exchange of two currencies at agreed fixed rates: a) on the spot settlement date and b) a reverse exchange on a later specified date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

currency swap
type: Class
subclass of: currency derivative
subclass of: swap
subclass of: Restriction
  on property: has leg
  some values from: currency forward
definition: foreign exchange agreement between two parties to exchange a given amount of one currency for another currency for spot delivery or for forward delivery at an agreed rate after a specified period of time
note: In the case of a 'forward-forward' swap, both legs will be of type CurrencyFoward.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

currency volatility option
type: Class
subclass of: currency option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: CurrencySpotVolatility
definition: currency option whose underlying asset is based on the volatility of a foreign exchange rate

foreign exchange master agreement
type: Class
subclass of: MasterAgreement
subclass of: Restriction
  on property: hasContractualElement
  some values from: foreign exchange settlement netting provision
definition: product-specific master agreement intended to reflect best market practice and to provide a standard agreement for participants in the foreign exchange markets
explanatory note: The Foreign Exchange Committee of the Federal Reserve Bank of New York has approved and authorized publication of the Foreign Exchange and Options Master Agreement to cover foreign exchange spot and forward transactions as well as currency options.
explanatory note: The International Foreign Exchange Master Agreement (IFEMA) was published jointly by the British Bankers' Association and The Foreign Exchange Committee of the Federal Reserve Bank of New York in 1993 (an amended version was published in 1995). Foreign exchange settlement netting provisions are specified in such master agreements.
synonym: FX master agreement

foreign exchange settlement netting provision
type: Class
subclass of: SettlementNettingProvision
definition: settlement netting provision that is specific to foreign exchange contracts
explanatory note: Foreign exchange settlement netting, if between two counterparties, which is also referred to as bilateral settlement netting in this case, can take one of two forms, payment netting or novation netting. Often, one of these two methods will be found in combination with close-out netting in master agreements between trading counterparties. Close-out netting, as distinct from payment or novation netting, provides for contract liquidation procedures in the event that one of the parties defaults under a contract or become bankrupt. Payment and novation netting describe the day-to-day processes of calculating and paying net amounts.
synonym: FX settlement netting provision

hasBuyingCurrency
type: ObjectProperty
deprecated: true
equivalent property: has buying currency

has forward exchange rate
type: ObjectProperty
sub property of: hasQuantityValue
domain: currency forward
range: ExchangeRate
definition: rate of exchange between two currencies as specified in a forward contract

hasSellingCurrency
type: ObjectProperty
deprecated: true
equivalent property: has selling currency

has spot exchange rate
type: ObjectProperty
sub property of: hasQuotedExchangeRate
range: QuotedExchangeRate
definition: rate of exchange between two currencies as specified as of some date and time as quoted by a specific source, typically for a spot contract

CalculationAgent
type: Class
deprecated: true
equivalent class: calculation agent

cashflow expression
type: Class
subclass of: Expression
definition: expression that specifies a calculation of a cash flow as a component of a cashflow formula

cashflow formula
type: Class
subclass of: Formula
subclass of: Restriction
  on property: hasExpression
  some values from: cashflow expression
definition: formula for determining cashflows for a derivative instrument

cashflow terms
type: Class
subclass of: derivative terms
subclass of: debt terms
definition: terms setting out a cashflow structure of payments committed to by one party to a contract
editorial note: Swap cashflows are known as Swapstreams and are the terms for payment to and from either party. These are defined in swap transaction messages and represent the terms of the contract implied by that transaction. Options (Nordea reviews): Cashflows are defined as Payouts. This is not the same as a model of a cashflow which is a consequence of applying some legal term for payment of interest or principal, but is a commitment expressed in purely cashflow terms. Review this though. Payout terms include: Values - values can only go up or down; Static values are defined for limits and the like. i.e. Constraints (and direction) - this covers caps and floors - these are read upward or downward Conditionality Formula relations (Input and Output): - these are values - these may have a cap or a floor on them also - these also may have Multiplication - there is also fixed margin - may have addition or substraction between these Linearity in covered in the above Timing / expiry Observaton (not terms): Probability Sensitivity

contract for difference
type: Class
subclass of: derivative instrument
definition: cash-settled derivative where the parties agree to exchange on the maturity of the contract the difference between the current value of the underlying asset and the initial value of that asset when the contract is initiated
example: For example, suppose the initial price of share XYZ is $100 and a CFD for 1000 shares is exchanged. Both the buyer and seller must post some margin. If the price goes to $105, then the buyer gets $5,000 from the seller. If the price goes to $95, the buyer pays the seller $5,000. This contract avoids ownership of the stock and all the associated transactions issues (like stamp taxes). The contract also allows for leverage (typically 10:1) because the margin that must be posted is only a fraction of the value of the underlying asset.
abbreviation: CFD
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code
adapted from: https://www.nasdaq.com/glossary/c/contract-for-difference
explanatory note: These contracts can also be on the difference of two assets' prices. They can also be on the difference of a single asset of different maturities (like a bond or futures contracts).
synonym: spread trading

credit derivative
type: Class
subclass of: derivative instrument
definition: derivative instrument that is a privately held, negotiable bilateral contract traded over-the-counter (OTC) between two parties in a creditor/debtor relationship, enabling the creditor to effectively transfer some or all of the risk of a debtor defaulting to a third party
example: Examples include credit default swaps (CDS), collateralized debt obligations (CDO), total return swaps, and credit spread options and forwards.
explanatory note: The third party accepts the risk in return for payment, known as the premium.

derivative settlement terms
type: Class
subclass of: derivative terms
subclass of: SettlementTerms
subclass of: Restriction
  on property: has additional costs
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has underlying asset price
  on class: MonetaryPrice
  min qualified cardinality: 0
definition: settlement terms specifying additional details with respect to what is to be delivered when, to whom, under what conditions at the time of settlement

derivative terms
type: Class
subclass of: ContractualCommitment
definition: contractual terms specific to derivative contracts, including terms related to payments and delivery between parties

derivatives clearing organization
type: Class
subclass of: clearing house
definition: clearing house that enables parties to substitute the credit of the DCO for the credit of the parties
abbreviation: DCO
adapted from: http://www.cftc.gov/IndustryOversight/ClearingOrganizations/index.htm
explanatory note: For options, the derivatives clearing organization is responsible for clearing transactions for put and call options on common stocks and other equity issues, stock indexes, foreign currencies, interest rate composites and single-stock futures.
explanatory note: Substitution may be done through contract novation, for example. A derivatives clearing organization (DCO) also arranges or provides, on a multilateral basis, for the settlement or netting of obligations, or otherwise provides clearing services or arrangements that mutualize or transfer credit risk among participants.

economic rate-based derivative
type: Class
subclass of: rate-based derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: EconomicIndicator
equivalent class: EconomicRateBasedDerivativeInstrument
definition: rate-based derivative whose underlier is some economic indicator

forward rate agreement
type: Class
subclass of: interest rate derivative
equivalent class: ForwardRateAgreement
definition: agreement to exchange an interest rate commitment on a notional amount at a future date
abbreviation: FRA
explanatory note: The FRA determines the rates to be used along with the termination date and notional value. FRAs are cash-settled with the payment based on the net difference between the interest rate of the contract and the floating rate in the market called the reference rate. The notional amount is not exchanged, but rather a cash amount based on the rate differentials and the notional value of the contract.

interest rate derivative
type: Class
subclass of: rate-based derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ReferenceInterestRate
equivalent class: InterestRateDerivativeInstrument
definition: rate-based derivative whose underlier is an interest rate
example: For example, interest rate derivative strategies are the simultaneous trading of two or more rate contracts in which two counterparties agree to exchange interest rate cash flows on defined dates during an agreed period, based on a specified notional amount, from a fixed rate to a floating rate, floating to fixed, fixed to fixed, or floating to floating.
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth edition, 2019-10

introducing broker
type: Class
subclass of: non-depository institution
subclass of: Broker
definition: broker that solicits or accepts orders for derivatives that are traded on or subject to the rules of an exchange
abbreviation: IB
adapted from: http://www.cftc.gov/IndustryOversight/Intermediaries/index.htm
explanatory note: Introducing brokers do not accept money, securities, or property (or extend credit in lieu thereof) to margin, guarantee, or secure any trades or contracts that result or may result.

observable value
type: Class
subclass of: Specification
subclass of: Restriction
  on property: has value expressed in
  on class: Currency
  min qualified cardinality: 0
subclass of: Restriction
  on property: specifies value of
  some values from: Thing
definition: specification for the value for something discernible and for which evidence can be obtained
explanatory note: Derivatives, such as certain exotics, can be based on values ascribed to virtually anything, including weather. Typically, however, an observable value refers to something that can be readily observed in the marketplace, such as a quoted rate (e.g., interest rate, exchange rate), index value, commodity price, stock price, economic indicator, or something similar as of some point in time.

over-the-counter derivative instrument
type: Class
subclass of: over-the-counter instrument
subclass of: derivative instrument
source: ISO 4914:2021(en), Financial services - Unique product identifier (UPI)
definition: derivative instrument that is not listed on an organized exchange
note: ISO 4914 defines an OTC derivative instrument as a financial instrument that is, or would be, identified by an ISIN with the prefix 'EZ' or 'ZZ'. Details regarding how the prefix of an ISIN is determined can be found in ISO 6166:2020, Annex A.
abbreviation: OTC derivative instrument

over-the-counter instrument
type: Class
subclass of: financial instrument
disjoint with: ListedSecurity
definition: financial instrument and bilateral contract that is not listed on an organized exchange
abbreviation: OTC instrument

parametric cashflow terms
type: Class
subclass of: cashflow terms
subclass of: Restriction
  on property: hasFormula
  some values from: cashflow formula
definition: terms for a set of cashflows defined according to a mathematical formula

paying party
type: Class
subclass of: ContractParty
subclass of: Payer
subclass of: Buyer
definition: party responsible for making payments in a transaction specified in a contract

rate-based derivative
type: Class
subclass of: derivative instrument
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    on class: Class
      union of: EconomicIndicator
      union of: QuotedExchangeRate
      union of: MarketRate
      union of: BasketOfIndices
    min qualified cardinality: 0
equivalent class: RateBasedDerivativeInstrument
definition: derivative instrument where the holder has the right but may not have the obligation, depending on the nature of the instrument, to enter into the underlying contract, or pay or receive payment related to the underlying financial rate (or rate contract) on a specified future date based on a specified future rate and term
example: Examples of rate-based derivatives include interest rate swaps, forward rate agreements (FRAs), and interest rate options such as caps, floors, and collars.
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth edition, 2019-10
explanatory note: Rate-based derivatives derive their value from movements in some rate, e.g, an interest rate, market rate, economic indicator, statistical measure calculated over some collection of indices, rather than from traditional assets like stocks or commodities. They are commonly used by institutions to manage risks associated with interest rate fluctuations.

receiving counterparty
type: Class
subclass of: ContractParty
subclass of: Payee
subclass of: Seller
definition: party that receives payments in a transaction specified in a contract

underlying asset valuation
type: Class
subclass of: ValueAssessment
subclass of: Restriction
  on property: has calculation agent
  on class: calculation agent
  min qualified cardinality: 0
subclass of: Restriction
  on property: evaluates
  some values from: underlier
definition: assessment activity to estimate the value of an underlying asset of a derivative

unique product identifier
type: Class
subclass of: financial instrument identifier
subclass of: StructuredIdentifier
subclass of: Restriction
  on property: identifies
  on class: over-the-counter derivative instrument
  min qualified cardinality: 0
subclass of: Restriction
  on property: isRegisteredBy
  some values from: unique product identifier service provider
source: ISO 4914:2021(en), Financial services - Unique product identifier (UPI)
definition: sequence of characters uniquely identifying an OTC derivative product that is reportable to a trade repository
scope note: At a minimum, the UPI code is applicable to OTC derivative instruments falling under the following categories of the Classification of Financial Instruments (ISO 10962): - Swaps (S) - Forwards (J) - Non-listed and complex listed options (H) - Others (miscellaneous) (M)
abbreviation: UPI
explanatory note: The UPI code consists of 12 alphanumeric characters decomposed as follows: - the two-character prefix 'QZ' - nine alphanumeric characters (upper case A-Z and 0-9 only, excluding the vowel characters (A, E, I, O, U) and the character Y) without separators or special characters - one alphanumeric check character (A-Z and 0-9 only, excluding the vowel characters (A, E, I, O, U) and the character Y), calculated using the method specified in Annex C of the specification document.

unique product identifier reference data library
type: NamedIndividual
type: Registry
definition: set of data comprised of reference data elements with specific values that together describe the product
is managed by: unique product identifier service provider

unique product identifier registry entry
type: Class
subclass of: RegistryEntry
subclass of: Restriction
  on property: appliesTo
  all values from: over-the-counter derivative instrument
subclass of: Restriction
  on property: isIncludedIn
  has value: unique product identifier reference data library
subclass of: Restriction
  on property: comprises
  some values from: unique product identifier
definition: entry in a unique product identifier registry
explanatory note: The Reference Data Library (RDL) is a set of reference data elements, together with their values, which is properly organized and maintained by the UPI service provider. The library associates UPI codes with the values of the reference data elements characterizing the product. Each entry in the library (the registry entry) contains a minimum number of elements as defined in the ISO standard, and may be extended by the service provider.

unique product identifier service provider
type: NamedIndividual
type: Class
subclass of: RegistrationAuthority
subclass of: Restriction
  on property: registers
  on class: unique product identifier
  min qualified cardinality: 0
source: ISO 4914:2021(en), Financial services - Unique product identifier (UPI)
definition: organization designated by an external body of financial regulators to assign UPIs and operate a UPI reference data library
scope note: At the time of publication of the ISO 4914 standard, there was only one such provider, the Regulatory Oversight Committee, confirmed by the Financial Stability Board as the International Governance Body for globally harmonised identifiers used to track OTC derivatives transactions.
abbreviation: UPI service provider

valuation terms
type: Class
subclass of: derivative terms
subclass of: Restriction
  on property: hasDateOfAssessment
  some values from: ExplicitDate
subclass of: Restriction
  on property: involves
  some values from: underlying asset valuation
definition: contract terms specific to valuation of the underlying asset(s)

has accreting notional amount
type: ObjectProperty
sub property of: hasNotionalAmount
range: MonetaryAmount
definition: indicates that the notional amount increases through the life of the contract
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10, clause 6.8.2

has additional costs
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates costs, such as up front costs, brokerage fees and the like, that must be paid on delivery

has amortizing notional amount
type: ObjectProperty
sub property of: hasNotionalAmount
range: MonetaryAmount
definition: indicates that the notional amount decreases through the life of the contract
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10, clause 6.8.2

hasCalculationAgent
type: ObjectProperty
deprecated: true
equivalent property: has calculation agent

has constant notional amount
type: ObjectProperty
sub property of: hasNotionalAmount
range: MonetaryAmount
definition: indicates that the notional amount is constant through the life of the contract
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10, clause 6.8.2

has custom notional amount
type: ObjectProperty
sub property of: hasNotionalAmount
range: MonetaryAmount
definition: indicates that the notional amount is customized per a notional step schedule
adapted from: ISO 10962:2019, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019-10, clause 6.8.2

has first delivery date
type: ObjectProperty
sub property of: hasExplicitDate
sub property of: hasStartDate
domain: SettlementTerms
range: ExplicitDate
definition: specifies the initial date in a range of dates by which the underlying asset (or some portion thereof) must be delivered in order for the terms of the contract to be fulfilled

has first notice date
type: ObjectProperty
sub property of: hasExplicitDate
sub property of: hasStartDate
domain: SettlementTerms
range: ExplicitDate
definition: specifies the initial date on which a delivery notice can be issued

has last delivery date
type: ObjectProperty
sub property of: hasEndDate
sub property of: hasExplicitDate
domain: SettlementTerms
range: ExplicitDate
definition: specifies the final date in a range of dates by which the underlying asset (or some portion thereof) must be delivered in order for the terms of the contract to be fulfilled

has last notice date
type: ObjectProperty
sub property of: hasEndDate
sub property of: hasExplicitDate
domain: SettlementTerms
range: ExplicitDate
definition: specifies the final date on which a delivery notice can be issued

has settlement terms
type: ObjectProperty
sub property of: hasContractualElement
domain: derivative instrument
range: SettlementTerms
definition: relates a derivative to contractual terms specific to the settlement process

has tick value
type: ObjectProperty
sub property of: hasMonetaryAmount
domain: derivative instrument
range: MonetaryAmount
definition: indicates the cash value of one tick, i.e., the minimum price change of the contract

has underlying asset price
type: ObjectProperty
sub property of: hasPrice
range: MonetaryPrice
definition: specifies a price for something on which the contract is based

has valuation terms
type: ObjectProperty
sub property of: hasContractualElement
domain: derivative instrument
range: valuation terms
definition: relates a derivative to contractual terms specific to valuation of the underlying asset(s)

specifies value of
type: ObjectProperty
sub property of: appliesTo
sub property of: specifies
definition: relates a derivative to contractual terms specific to valuation of the underlying asset(s)

account change notification obligation
type: Class
subclass of: NotificationObligation
definition: obligation to notify a counterparty of any changes in account details
example: Example text: "Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the scheduled date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change." Note that the notice period is given as a fact about the general kind of obligation which is Master Agreement Change notification Obligation.

derivative credit support agreement
type: Class
subclass of: credit enhancement agreement
subclass of: Restriction
  on property: isSubordinateTo
  on class: derivative master agreement
  qualified cardinality: 1
definition: addendum to the master agreement that governs the exchange of collateral between parties in derivatives transactions
explanatory note: Note that in the case of a derivative credit support agreement, the beneficiary actually holds the collateral and has the right to ask for additional collateral if its value falls below the threshold agreed upon per the agreement.

derivative master agreement
type: Class
subclass of: credit agreement
subclass of: MasterAgreement
definition: master agreement covering derivatives transactions to be carried out between the parties to this contract
example: Related to conditions precedent that may apply: "Each obligation of each party under Section 2(a)(i) is subject to (1) the condition precedent that no Event of Default or Potential Event of Default with respect to the other party has occurred and is continuing, (2) the condition precedent that no Early Termination Date in respect of the relevant Transaction has occurred or been effectively designated and (3) each other applicable condition precedent specified in this Agreement. " In the above, the Obligations defined under Section 2(a)(i) of the Master Agrement is the obligation to make each payment or delivery defined in a Confirmation for a transaction carried out under this Master Agreement.
example: Sample preamble to one of these: "EXAMPLE BANK, a Michigan banking corporation and SAMPLECOMPANY US, INC. a Delaware corporation have entered and/or anticipate entering into one or more transactions (each a "Transaction") that are or will be governed by this Master Agreement, which includes the schedule (the "Schedule"), and the documents and other confirming evidence (each a "Confirmation") exchanged between the parties confirming those Transactions. "
explanatory note: The ISDA Master Agreement (Multicurrency-Cross Border version published in 1992) enables trading counterparties to include foreign exchange transactions under a global cross-product close-out netting master agreement. Because there are significant differences in market practices between the derivatives markets and the international foreign exchange spot and forward markets, parties to the ISDA frequently incorporate the ISDA FX and Currency Options Definitions and further tailor the ISDA Schedule to reflect standard market practice for the foreign exchange products.

master agreement early termination right
type: Class
subclass of: ContractualRight
definition: contractual right of a party to the master agreement to terminate the agreement early
explanatory note: This generally arises from some default event on the part of the other party.

arithmetic calculation strategy
type: NamedIndividual
type: averaging strategy
definition: strategy that uses an arithmetic mean calculation

Asian option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: isClassifiedBy
  on class: Asian option classifier
  qualified cardinality: 1
subclass of: Restriction
  on property: isClassifiedBy
  on class: averaging strategy
  qualified cardinality: 1
subclass of: Restriction
  on property: uses currency in averaging
  on class: Currency
  qualified cardinality: 1
subclass of: Restriction
  on property: has Asian tail period
  on class: DatePeriod
  qualified cardinality: 1
subclass of: Restriction
  on property: hasExerciseDate
  on class: ExplicitDate
  qualified cardinality: 1
subclass of: Restriction
  on property: uses weighted average
  on data range: boolean
  qualified cardinality: 1
definition: option whose exercise terms involve a payoff determined by the average underlying price (either the strike price or the settlement price) of the underlying asset over a predetermined period
example: For an Asian call option using arithmetic averaging and a 30-day period for sampling the data: On Nov. 1, a trader purchased a 90-day arithmetic call option on stock XYZ with an exercise price of $22, where the averaging is based on the value of the stock after each 30-day period. The stock price after 30, 60, and 90 days was $21.00, $22.00, and $24.00. The arithmetic average (mean) is (21.00 + 22.00 + 24.00) / 3 = 22.33. The profit is the average minus the strike price 22.33 - 22 = 0.33 or $33.00 per 100 share contract. As with standard options, if the average price is below the strike price, the loss is limited to the premium paid for the call options.
note: The averaging can be either a geometric or arithmetic average.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: These options allow the buyer to purchase (or sell) the underlying asset at the average price instead of the spot price. There are various ways to interpret the word 'average,' and that needs to be specified in the options contract. Typically, the average price is a geometric or arithmetic average of the price of the underlying asset at discreet intervals, which are also specified in the options contract. Because of the averaging feature, Asian options reduce the volatility inherent in the option; therefore, Asian options are typically cheaper than European or American options. They are used by traders who are exposed to the underlying asset over some time, such as consumers and suppliers of commodities, etc.

Asian option classifier
type: Class
subclass of: FinancialInstrumentClassifier
subclass of: Restriction
  on property: classifies
  some values from: Asian option
definition: financial instrument classifier that classifies Asian options based on whether they are rate-based or price based

average rate classification
type: NamedIndividual
type: Asian option classifier
definition: Asian option classifier indicating that the payoff is based on the difference between a fixed strike price and the calculated average price of the underlying

average strike classification
type: NamedIndividual
type: Asian option classifier
definition: Asian option classifier indicating that the payoff is based on the difference between the price of the underlying at expiration and a strike price equal to the calculated average price of the underlying issue

averaging strategy
type: Class
subclass of: Strategy
subclass of: Restriction
  on property: classifies
  some values from: Asian option
definition: method used for calculating the average rate or price of an Asian option

barrier option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has monitoring frequency
  some values from: positiveInteger
subclass of: Restriction
  on property: has monitoring period
  some values from: DatePeriod
subclass of: Restriction
  on property: is above strike price
  some values from: boolean
definition: option whose final exercise depends upon the path taken by the price of an underlying instrument, i.e., whose payoff depends on whether or not the underlying asset has reached or exceeded a predetermined price
note: For a knock-out barrier option, the option is cancelled if the underlying price crosses a predetermined barrier level; for a knock-in barrier option, the option becomes available-for-exercise if the underlying price crosses a predetermined barrier level.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: A barrier option can be a knock-out, meaning it expires worthless if the underlying exceeds a certain price, limiting profits for the holder and limiting losses for the writer. It can also be a knock-in, meaning it has no value until the underlying reaches a certain price. Barrier options can be puts or calls. Barrier options typically have cheaper premiums than traditional vanilla options, primarily because the barrier increases the chances of the option expiring worthless. A trader may choose the cheaper (relative to a comparable vanilla) barrier option if they feel it is quite likely the underlying will hit the barrier.
explanatory note: Barrier features include any terms related to exercising the option ahead of the expiry date.

chooser option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has option type election date
  some values from: ExplicitDate
subclass of: Restriction
  on property: comprises
  some values from: Class
    union of: call option
    union of: put option
definition: exotic option that allows its holder (buyer) to exercise the right to buy (call) or sell (put) specified assets at a fixed price whereby the buyer does not have to decide whether the contract will be a put or a call until an agreed future date, prior to expiration
example: For example, assume a trader wants to have an option position for the updated XYZ Inc. earnings release. They think the stock will have a big move, but they are not sure in which direction. The earnings release is in one month, so the trader decides to buy a chooser option that will expire about three weeks after the earnings release. They believe this should provide enough time for the stock to make a significant move if it is going to make one, and fully digest the earnings release. Therefore, the option they choose will expire in seven to eight weeks. The chooser option allows them to exercise the option as a call if the price of XYZ rises, or as a put if the price falls. At the time of the chooser option purchase, XYZ is trading at $28. The trader chooses an at-the-money strike price of $28 and pays a premium of $2 or $200 for one contract ($2 x 100 shares). The buyer can't exercise the option prior to expiry since it is a European option. At expiry, the trader will determine if they will exercise the option as a call or put. Assume the price of XYZ at the time of expiry is $31. This is higher than the strike price of $28, therefore the trader will exercise the option as a call. Their profit is $1 ($31 - $28 - $2) or $100. If XYZ is trading between $28 and $29.99 the trader will still choose to exercise the option as a call, but they will still be losing money since the profit is not enough to offset their $2 cost. $30 is the breakeven point on the call. If the price of BAC is below $28, the trader will exercise the option as a put. In this case, $26 is the breakeven point ($28 - $2). If the underlying is trading between $28 and $26.01 the trader will lose money since the price didn't fall enough to offset the cost of the option. If the price of BAC falls below $26, say to $24, the trader will make money on the put. Their profit is $2 ($28 - $24 - $2) or $200.
adapted from: Commodity Futures Trading Commission (CFTC) glossary, https://www.cftc.gov/LearnAndProtect/EducationCenter/CFTCGlossary/glossary_c.html
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: A chooser option is an option contract that allows the holder to decide whether it is a call or put prior to the expiration date. Chooser options usually have the same strike price and expiration date regardless of what decision the holder makes. Because the option could benefit from upside or downside movement, chooser options provide investors a great deal of flexibility and thus may cost more than comparable vanilla options. Chooser options are typically European style, and have one strike price and one expiration date regardless of whether the option is exercised as a call or put.

cliquet option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: comprises
  some values from: forward start option
definition: exotic option that is a series of at-the-money (ATM) options, either puts or calls, where each successive option becomes active when the previous one expires
explanatory note: A cliquet is a cash-settled, exotic option that settles at predetermined dates and then resets its strike price based on the price of the underlying security at the time of settlement. Each new option within the cliquet enters into force when the previous option expires. The total premium and the exact reset dates are known at the time of transacting a cliquet. Investors can opt to receive their payout when each option expires or wait until the entire series plays out.
explanatory note: A cliquet is a series of forward start options, all related to each other. Each forward start option represents the advance purchase of a put, or call, option with an at-the-money (ATM) strike price to be determined at a later date, typically when the option becomes active. A forward start option becomes active at a specified date in the future. The premium is paid in advance, while the time to expiration and the underlying security are established at the time the forward start option is purchased. If at the first settlement date the underlying security trades below the strike price of the option (for a call), then it expires worthless and resets to the price of the underlying security at the time of settlement. If at the end of the next settlement the underlying security trades above the new strike, the holder may elect to receive the difference between the market price of the underlying security and the strike price. Alternatively, the holder can let it ride to receive the sum of all payouts at maturity. The main advantage of initiating a cliquet is, if an investor expects volatility to rise, they can lock in their profits at predetermined levels and thus maximize their overall portfolio return.
synonym: rachet option

commodore option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: comprises
  some values from: digital option
definition: exotic option consisting of a number of digital barrier options that pay a coupon if a pre-determined level of the underlying or basket of underlyings is reached
example: A three-year commodore option with annual barriers would have three potential payoffs. The first would pay at the end of the first year and would be dependent on the pre-determined barrier being reached or exceeded. For example, if the underlying or basket of underlyings reached or exceeded 102% of its initial level at the end of year one, a coupon of 6% would be paid. At the end of year two, if the underlying reached or exceeded 104% of its initial level, another 6% coupon would be paid. The coupon in the final year would be 6% if the underlying reached or exceeded 106%. The coupon should exceed the performance level of the underlying, otherwise the investor would achieve the same result by investing directly in the underlying.
explanatory note: Sometimes the digital barrier increases with the number of years since the trade began. All of the options are active from the start of the trade.

compound option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: comprises
  some values from: option
definition: exotic option for which the underlying asset is another option
example: For example, assume an investor wants to buy a put to sell 100 shares of stock at $50. The stock is currently trading at $55. The investor could buy a Call-Put, which allows them to buy a call now, for say $1 per share ($100), which will allow them to buy a put with a $50 strike in the future. They pay the $1 per share now, but only need to pay the fee for the second option if they exercise the first resulting in them receiving the second option.
explanatory note: Therefore, there are two strike prices and two exercise dates. They are available for any combination of calls and puts. For example, a put where the underlying is a call option or a call where the underlying is a put option. The underlying is the second option, while the initial option is called the overlying. If the compound option is exercised, there are two premiums.
synonym: split-fee options

digital option
type: Class
subclass of: barrier option
definition: exotic option that has a pre-determined payout if the option is in-the-money and the payoff condition is satisfied
example: For example, let's say the ABC Index is trading at a level of 2,795 on June 2. An investor believes the ABC Index will trade above 2,800 before the end of the trading day, June 4th. The trader purchases 10 ABC Index options at a strike price of 2,800 options for $40 per contract. If the ABC Index closes above 2,800 at the end of the trading day on June 4, the investor is paid $100 per contract, which is a profit of $60 per contract or $600 (($100 - $40) x 10 contracts). However, if the ABC Index closes below 2,800 on June 4. The investor loses all of the premium amount or $400 ($40 x 10 contracts).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: There is an upfront fee called the premium for digital options, which is the maximum loss for the option. Unlike traditional options, digital options don't convert or exercise to the underlying asset's shares. Instead, they pay out a fixed reward if the asset's price is above or below the option's strike price.
synonym: binary option

double barrier option
type: Class
subclass of: barrier option
subclass of: Restriction
  on property: has first rebate amount
  on class: PercentageMonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has second rebate amount
  on class: PercentageMonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has first barrier price
  some values from: MonetaryPrice
subclass of: Restriction
  on property: has second barrier price
  some values from: MonetaryPrice
definition: barrier option applied to currencies or over the counter stocks that works as a binary, or digital option in that it pays out only under defined circumstances, or it is worthless, at expiration
explanatory note: Considered an exotic option, a double barrier option is a combination of two single barrier options, with one barrier above and one barrier below the current price of the underlying. It is a bet by the holder that the underlying asset will move significantly, in the case of a knock-in barrier option, or will move by a very small amount, in the case of a knock-out barrier option, over the life of the contract. Traders use these options when they have an opinion on volatility but not on the direction of the underlying asset's next price move. A barrier option is a type of option where the payoff, and the very existence of the option, depends on whether or not the underlying asset reaches a predetermined price.

fixed lookback strike expression
type: Class
subclass of: cashflow expression
subclass of: Restriction
  on property: hasMinuend
  some values from: strike price
subclass of: Restriction
  on property: hasSubtrahend
  some values from: observed best value
definition: cashflow expression specifying the arguments required to calculate the fixed price at which the lookback option is to be exercised

floating lookback strike expression
type: Class
subclass of: cashflow expression
subclass of: Restriction
  on property: hasMinuend
  some values from: projected value at maturity
subclass of: Restriction
  on property: hasSubtrahend
  some values from: observed best value
definition: cashflow expression specifying the arguments required to calculate the best projected price at which the lookback option may be exercised

forward start option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: comprises
  some values from: Class
    union of: call option
    union of: put option
definition: exotic option that is fully specified with respect to a set expiry date, underlying asset and other parameters, purchased and paid for on initiation, but that becomes active at a set activation date with a strike price determined at the time of activation
example: For example, assume that two parties agree to enter into a call forward start option on XYZ stock. It is September and they agree that the forward start option will activate on January 1 at the money. That means on January 1 the strike price for the option will be the price that stock is trading at on that day. The option will expire in June. The exact strike price is unknown, but the parties do know the strike and underlying's price will be the same at activation. They can look at current six-month options (January to June) and assess volatility to determine a premium for the option. They agree to trade one contract, equivalent to 100 shares of the underlying stock. They decide on a premium of $40, or $4,000 for the contract ($40 x 100 shares). The call buyer agrees to pay the $4,000 now (September), even though the option doesn't activate till January. On January 1, assume the stock price is $400. The strike is set at $400, and an option is now a vanilla option with a June expiry. At the June expiry, assume XYZ is trading at $420. In this case, the option is worth $20 ($420 - $400 strike). If they settle in cash, the buyer receives $2,000, or if they exercise, they receive 100 shares at $400 and can keep them, or sell them at $420 to make $2,000. Notice that this still results in a loss for the buyer, since they paid $4,000 but are only receiving back $2,000. To make money on the call, the price of the underlying needs to move above the strike price plus the premium. Therefore, if the price moves up to $450 by expiration, the option is worth $50 ($450 - $400 strike), and the buyer receives $5,000. That's a net profit of $1,000 over their $4,000 cost. If the underlying is trading below the $400 strike at expiry, the call option expires worthless and the buyer's premium is lost ($4,000 profit to the seller).
example: For example, the people buying/selling the option could specify that the strike will be at the money (ATM) at activation, or 3% or 5% in the money or out of the money (OTM). Since it is a customized contract, they can negotiate any terms they want.
explanatory note: Forward start options typically attempt to keep future strike prices at the money or near the money. In this way, the holder will have the right, but not the obligation, to buy (call) or sell (put) the underlying asset in the future at or near the then-current market price. Knowing where the strike price will be in relation to the underlying's price makes it easier to come up with the premium (cost) of the option, which is also typically determined and paid at the initiation of the contract prior to the activation date. If, at the expiration date, the underlying trades below the strike price of the option (for a call), then it expires worthless. If the underlying is above the strike (for a call), then the holder exercises it and owns the underlying at the strike price. For a put option, if the underlying is below the strike price, the option has value and will be sold or exercised to realize a gain. If the underlying is above the strike price, the option will expire worthless. Typically, as with most options, the holder may sell the option if it is in the money and take the cash instead of exercising the option. Since it is an exotic option, the seller and buyer of the option may also agree to settle the option with cash instead of delivering the underlying. Once a forward start option becomes active (strike price is set), then the option is valued like a vanilla option.
explanatory note: The only unknown for the contract is the strike price. In terms of pricing the contract, the future price of the underlying asset is also unknown. The contract typically stipulates some parameters for where the strike price will be in relation to the underlying asset's price.

geometric calculation strategy
type: NamedIndividual
type: averaging strategy
definition: strategy that uses an geometric mean calculation

interest rate cap option
type: Class
subclass of: interest rate option
disjoint with: interest rate floor option
definition: interest rate derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price
example: An example of a cap would be an agreement to receive a payment for each month the LIBOR rate exceeds 2.5%.
explanatory note: The interest in each period is effectively capped by the strike rate. That is, the rate of interest may not go above the strike rate because the holder is expected to exercise the option to take the strike as the rate of interest instead.

interest rate floor option
type: Class
subclass of: interest rate option
definition: interest rate derivative in which the buyer receives payments at the end of each period in which the interest rate is below the agreed strike price

knock-in option
type: Class
subclass of: barrier option
subclass of: Restriction
  on property: has first rebate amount
  on class: PercentageMonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has first barrier price
  some values from: MonetaryPrice
definition: barrier option that is not triggered until a certain price threshold is met
example: Assume an investor purchases a knock-in put option with a down Direction, with a barrier price of $90 and a strike price of $100. The underlying security is trading at $110, and the option expires in three months. If the price of the underlying security reaches $90, the option comes into existence and becomes a vanilla option with a strike price of $100. Thereafter, the holder of the option has the right to sell the underlying asset at the strike price of $100, even though it is trading below $90. It is this right that gives the option value. The put option remains active until the expiration date, even if the underlying security rebounds back above $90. However, if the underlying asset does not fall below the barrier price during the life of the contract, the down-and-in option expires worthless. Just because the barrier is reached does not assure a profit on the trade since the underlying would need to stay below $100 (after triggering the barrier) in order for the option to have value.
explanatory note: If the price is never reached, it is as if the contract never existed. However, if the underlying asset reaches a specified barrier, the knock-in option comes into existence. The difference between a knock-in and knock-out option is that a knock-in option comes into existence only when the underlying security reaches a barrier, while a knock-out option ceases to exist when the underlying security reaches a barrier.

knock-out option
type: Class
subclass of: barrier option
subclass of: Restriction
  on property: has first rebate amount
  on class: PercentageMonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has first barrier price
  some values from: MonetaryPrice
definition: barrier option with a built-in mechanism to expire as worthless if a specified price level in the underlying asset is reached
example: Assume an investor purchases a Knock-Out call option with a down Direction, also called a 'Down and Out Option', on a stock that is trading at $60 with a strike price of $55 and a barrier of $50. Assume the stock trades below $50, at any time, before the call option expires. Therefore, the down-and-out call option promptly ceases to exist.
explanatory note: A knock-out option sets a cap on the level an option can reach in the holder's favor. As knock-out options limit the profit potential for the option buyer, they can be purchased for a smaller premium than an equivalent option without a knock-out stipulation.

lookback option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: hasContractualElement
  some values from: lookback strike terms
definition: exotic option that minimizes the uncertainties related to the timing of market entry, providing the holder the advantage of knowing history when determining when to exercise their option
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: As a type of exotic option, the lookback allows the user to 'look back,' or review, the prices of an underlying asset over the lifespan of the option after it has been purchased. The holder may then exercise the option based on the most beneficial price of the underlying asset. The holder can take advantage of the widest differential between the strike price and the price of the underlying asset. Lookback options do not trade on major exchanges. Instead, they are unlisted and trade over-the-counter (OTC). This type of option reduces uncertainties associated with the timing of market entry and reduces the chances the option will expire worthlessly. Lookback options are expensive to execute, so these advantages come at a cost.
explanatory note: Lookback options are cash settled options, which means the holder receives a cash settlement at execution based on the most advantageous differential between high and low prices during the purchase period. Sellers of lookback options would price the option at or near the widest expected distance of price differential based on past volatility and demand for the options. The cost to purchase this option would be taken up front. The settlement will equate to the profits they could have made from buying or selling the underlying asset. If the settlement was greater than the initial cost of the option, then the option buyer would have profit at settlement, otherwise loss.

lookback strike terms
type: Class
subclass of: derivative terms
subclass of: Restriction
  on property: hasExpression
  on class: fixed lookback strike expression
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasExpression
  on class: floating lookback strike expression
  min qualified cardinality: 0
subclass of: Restriction
  on property: has lookback period
  some values from: DatePeriod
subclass of: Restriction
  on property: hasArgument
  some values from: PriceStructure
definition: terms specifying the value of the underlying asset based on analysis during a specific period, typically ending in the maturity of the option, whereby the payoff is determined by comparing the strike price with the value of the selected price
explanatory note: In the case of a fixed strike, the terms depend on whether the option is a call or put. If it is a call, the calculated payout reflects the difference between a running maximum value of the observable during the lookback period, and the pre-agreed strike.
explanatory note: The payoff may either be the difference between a fixed, pre-agreed Strike Price and the observable, or the difference between the best or worst valuable of the observable and the value of that same observable at maturity of the contract (these are the Fixed and Floating lookback terms respectively). This (per review at Nordea) is not mutually exclusive with the terms for Fixed Strike and Resettable Strike, that is, either of those kinds of strike terms may apply, and Lookback strike terms may also apply.

low exercise price option
type: Class
subclass of: call option
subclass of: exotic option
subclass of: Restriction
  on property: has exercise style
  has value: EuropeanExerciseConvention
definition: exotic option that is a European-style call option with an exercise price of one cent that mimics a futures contract
abbreviation: LEPO
explanatory note: LEPOs function as deep-in-the-money options similar to the stock itself. Both buyer and seller of a LEPO operate on margin. LEPO options are not available on any U.S. exchanges. Since the strike price is so close to zero, the investor purchasing the LEPO gains most of the features of owning the share directly with the major exceptions of dividends and voting rights. They are only available with European style expirations.

mountain range option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: MixedBasket
definition: exotic option based on multiple underlying securities
example: Mountain range options are named after a series of mountains, each representing a different type of contract. Some of the most common include: (a) Altiplano options: Altiplano options provide investors with the features of both a traditional vanilla option along with a coupon payment, (b) Annapurna options: coupon rates are determined by the performance of the basket's worst-performing security when it drops under a specified range, (c) Everest options: Everest options place a long-term limit on an investor's option while offering a payout based on the lagging performers in the basket, (d) Atlas options: this type of option eliminates both the best - and worst - performing stocks in a basket of securities, and (e) Himalayan options: traders receive a payout based on the basket's best performing stock; payouts are provided on multiple dates.
explanatory note: The price of a mountain range option is based on multiple variables, the most important of which are the correlations between the individual securities in the basket. Some options have discrete payout levels, such as double the investment or triple the investment, if certain performance metrics are hit by the underlying securities while the option is in effect. Mountain range options cannot be priced with standard closed-form approaches. These exotic instruments instead require Monte Carlo simulation methods. Effects such as volatility skew, which is found in most options, can be even more pronounced within mountain range options.
explanatory note: These options blend some of the key characteristics of basket-style or rainbow options—both of which have more than one underlying security or asset—and range options with multiyear time ranges. Prices are based on multiple variables - notably the correlations between the individual securities in the basket.

observed best value
type: Class
subclass of: market price
subclass of: Restriction
  on property: hasAsOfDate
  some values from: Date
definition: observed value of the underlying asset as of some date during the lookback period that is considered the best value from the perspective of the option holder during the lookback period (depending on whether the option is a call or put)

projected value at maturity
type: Class
subclass of: CalculatedPrice
subclass of: Restriction
  on property: hasObservedDateTime
  some values from: CombinedDateTime
definition: expected value of the underlying asset at maturity calculated as of some date during the lookback period

rainbow option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: MixedBasket
definition: exotic option linked to the performances of two or more underlying assets
example: A best of assets plus cash rainbow effectively has n + 1 payoff possibilities. If we consider a 2 asset "best of plus cash", the payoff at expiry is a choice between Asset 1, Asset 2, or the predetermined cash amount. There is no strike price and the payoff is given as: Rainbow = max(S1, S2, Cash;T)
example: An asset maximum or minimum payout rainbow is similar to the best of n assets plus cash, with the exception that no cash payoff is possible and there is a strike price for this type of option. The payoff of a call and put are given as: Rainbow-Call = max[0, max(S1, S2) - X] Rainbow-Put = max[0, X - max(S1, S2)] Minimum of n Assets. The counterpart to a maximum of n assets, this rainbow pays out the value of the underperformer of the n assets. The payoff for minimum of 2 asset rainbow calls and puts are given as: Rainbow-Call = max[0, mainS1, S2) - X] Rainbow-Put = max[0, X - min(S1, S2)]
example: Better of n Assets This type of rainbow is similar to the best of n assets plus cash but with the exception that there is no possible cash payoff, and X is set to 0. With this in mind, a better of 2 assets rainbow is essentially a two-asset call option, with a payoff being: Rainbow = max[0, max(S1, S2)] Worse of n Assets Essentially the opposite to the better of n assets, with the payoff being on the asset with the lower value. We can give the payoff for this option on 2 assets as: Rainbow = max[0, min(S1, S2)]
explanatory note: Rainbbow options can speculate on the best performer in the group or minimum performances of all the underlying assets at one time. Each underlying may be called a color so the sum of all of these factors makes up a rainbow. These structures can be rather exotic and made for institutional clients when referring to financial assets. Rainbow options can be structured in many ways depending on how the performances of each underlying asset are considered. Some pay off based on the best or worst performance among the underlying assets. In other words, it looks at the top or bottom performance and pays off based on that single asset. These are sometimes called 'best of' or 'worst of' rainbow options.
explanatory note: Rainbow options are usually calls or puts on the best or worst of n underlying assets. Like a basket option, which is written on a group of assets and pays out on a weighted-average gain on the basket as a whole, a rainbow option also considers a group of assets, but usually pays out on the level of one of them. A simple example is a call rainbow option written on FTSE 100, Nikkei and S&P 500 which will pay out the difference between the strike price and the level of the index that has risen by the largest amount of the three.

swaption
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: swap
definition: over-the-counter option that confers the right but not the obligation, to enter into a swap transaction at some time in the future
explanatory note: A swaption, also known as a swap option, refers to an option to enter into an interest rate swap or some other type of swap. In exchange for an options premium, the buyer gains the right but not the obligation to enter into a specified swap agreement with the issuer on a specified future date.
synonym: swap option

has Asian tail period
type: ObjectProperty
sub property of: hasDatePeriod
domain: Asian option
range: DatePeriod
definition: window of time during which averaging of the price of the underlying contract is effective

has first barrier price
type: ObjectProperty
sub property of: hasPrice
range: MonetaryPrice
definition: has price (or level) that activates or deactivates the option
explanatory note: For a double barrier option, this is the level of the first barrier. Otherwise it is the only barrier price.

has first rebate amount
type: ObjectProperty
sub property of: hasPrice
range: PercentageMonetaryAmount
definition: indicates the percentage of the premium paid by the holder for the option
explanatory note: Both knock-out and knock-in barrier options can contain a provision to provide rebates to holders, if the option does not reach the barrier price and becomes worthless.

has lookback period
type: ObjectProperty
sub property of: hasDatePeriod
domain: lookback strike terms
range: DatePeriod
definition: window of time during which the lookback is effective

has monitoring frequency
type: DatatypeProperty
domain: barrier option
range: positiveInteger
definition: has frequency with respect to how often, in days, the asset price is checked to see if the barrier has been breached

has monitoring period
type: ObjectProperty
sub property of: hasDatePeriod
domain: barrier option
range: DatePeriod
definition: window of time during which pricing is monitored

has option type election date
type: ObjectProperty
sub property of: hasExplicitDate
domain: chooser option
range: ExplicitDate
definition: indicates the date on which the holder of the chooser option contract determines a choice of either a call or a put

has second barrier price
type: ObjectProperty
sub property of: hasPrice
range: MonetaryPrice
definition: has price (or level) that the second barrier activates or deactivates in the case of a double barrier option

has second rebate amount
type: ObjectProperty
sub property of: hasPrice
range: PercentageMonetaryAmount
definition: indicates the percentage of the premium paid by the holder in the case of a double barrier option

is above strike price
type: DatatypeProperty
domain: barrier option
range: boolean
definition: indicates whether the barrier is crossed when the price of the underlier is above (or below, if not) the strike price (threshold)

uses currency in averaging
type: ObjectProperty
sub property of: hasCurrency
range: Currency
definition: indicates the currency used in averaging calculation

uses weighted average
type: DatatypeProperty
domain: Asian option
range: boolean
definition: indicates whether a weighted average is being used to calculate the average rate or strike price

basket future
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: MixedBasket
definition: futures contract whose underlying asset is a basket of securities and/or indices
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

bond future
type: Class
subclass of: debt instrument future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Bond
definition: futures contract whose underlying asset is at least one bond

currency future
type: Class
subclass of: currency derivative
subclass of: financial future
definition: futures contract whose underlying asset is an agreement to exchange a specified amount of one currency for another at some point in the future based on pricing stated in the contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
synonym: foreign exchange future
synonym: forex future

debt instrument future
type: Class
subclass of: financial future
subclass of: debt instrument derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: debt instrument
definition: futures contract whose underlying asset is at least one debt instrument
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

dividend adjustment period
type: Class
subclass of: DatePeriod
definition: date period used to calculate the difference, if any between an anticipated dividend and the actual dividend distributed in that period

dividend future
type: Class
subclass of: financial future
subclass of: equity derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ListedShare
definition: futures contract whose underlying asset is at least one stock dividend
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

equity forward
type: Class
subclass of: forward
subclass of: Restriction
  on property: has dividend adjustment period
  some values from: dividend adjustment period
subclass of: Restriction
  on property: has method of adjustment
  some values from: forward contract adjustment method
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: equity future
      union of: equity option
      union of: BasketOfEquities
      union of: EquityIndex
      union of: ListedShare
subclass of: Restriction
  on property: hasContractualElement
  some values from: SettlementTerms
definition: forward contract to buy or sell the underlying equity stock, equity index, basket of equity stock, equity futures contract, or equity option at a specified future date at the price specified at the outset of the contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

equity future
type: Class
subclass of: financial future
subclass of: equity derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ListedShare
definition: futures contract whose underlying asset is at least one equity security, specifically a publicly issued and traded share
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

financial future
type: Class
subclass of: future
definition: futures contract based on underlying assets excluding commodities
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

forward
type: Class
subclass of: over-the-counter derivative instrument
subclass of: derivative instrument
definition: derivative instrument that is privately negotiated between parties to buy the underlier at a specified future date at the price specified in the contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Certain contracts labeled 'forwards', such as London Metal Exchange (LME) Forwards, are actually futures and are exchange-traded. Some power and gas markets, such as Nord Pool, trade electricity forwards with clearinghouse support. Per the ontology, both would be classified as futures by definition, but naming blurs the lines.
explanatory note: Since forward contracts are not exchange traded, there is no mark-to-market requirement, which allows a buyer to avoid almost all capital outflow initially (though some counterparties might set collateral requirements). The forward price makes the forward contract have no value when the contract is written. However, if the value of the underlying commodity changes, the value of the forward contract becomes positive or negative, depending on the position held. Forwards are priced in a manner similar to futures. Like in the case of a futures contract, the first step in pricing a forward is to add the spot price to the cost of carry (interest forgone, convenience yield, storage costs and interest/dividend received on the underlying). Unlike a futures contract though, the price may also include a premium for counterparty credit risk, and the fact that there is not daily marking to market process to minimize default risk. If there is no allowance for these credit risks, then the forward price will equal the futures price.
explanatory note: The primary distinctions between futures and forwards are (1) forwards are bilateral and privately negotiated, (2) forwards are over-the-counter instruments rather than exchange traded, (3) forwards are fully customizable whereas futures are typically standardized, (4) the risk associated with a forward is assumed by the counterparties whereas it is mitigated via central clearing for futures, and (5) there is typically no margin requirement for a forward whereas futures require margin posting.
synonym: forward contract

forward contract adjustment method
type: Class
subclass of: Strategy
definition: method by which adjustments will be made to the contract should one or more of a number of extraordinary events occur

future on future
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: future
definition: futures contract whose underlying asset is at least one (other) futures contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

future on option
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: option
definition: futures contract whose underlying asset is at least one option contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

future on swap
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: swap
definition: futures contract whose underlying asset is at least one swap contract
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

index future
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: EconomicIndicator
      union of: ReferenceIndex
definition: futures contract whose underlying asset is at least one reference index or economic indicator
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: For each index there may be a different multiple for determining the price of the futures contract.

interest rate future
type: Class
subclass of: financial future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: cash instrument
      union of: FixedIncomeSecurity
definition: futures contract with an interest-bearing instrument as the underlying asset
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Most interest rate futures that trade on American exchanges use U.S. Treasury securities, such as Treasury bills, Treasury bonds, certificates of deposit, Treasury notes, and Ginnie Mae securities, as the underlying asset.

money market future
type: Class
subclass of: debt instrument future
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: MoneyMarketInstrument
definition: futures contract with a money market instrument as the underlying asset

standardized futures listing terms
type: Class
subclass of: derivative terms
subclass of: standardized terms
subclass of: Restriction
  on property: has publisher
  some values from: designated contract market
subclass of: Restriction
  on property: appliesTo
  some values from: Listing
definition: contract terms established by a derivatives exchange that apply to any listing of a futures contract on that exchange.
explanatory note: Individual listings will take on these standard terms but they are not contractual terms of the futures contract, they are facts about that listing on that exchange.

standardized futures terms
type: Class
subclass of: derivative terms
subclass of: standardized terms
subclass of: Restriction
  on property: appliesTo
  some values from: future
subclass of: Restriction
  on property: specifies
  some values from: SettlementTerms
definition: contract terms established by a derivatives exchange that apply to any futures contract traded on that exchange
explanatory note: Standard symbology for the commodities are standardized by the exchanges as part of their standard contracts, for example trading in standard bushels, commonly defined kinds of oil and so on. These give the units in which lot sizes are described and defined.

has conversion factor
type: DatatypeProperty
sub property of: hasNumericValue
domain: bond future
range: decimal
definition: indicates the price of the delivered bond/note ($1 par value) to yield a fixed rate. The conversion factor is used to calculate a final delivery price.

has dividend adjustment period
type: ObjectProperty
sub property of: hasDatePeriod
domain: equity forward
range: dividend adjustment period
definition: indicates at least one date period used to calculate the deviation between an anticipated/expected dividend and the actual dividend issued during that period

has method of adjustment
type: ObjectProperty
sub property of: hasStrategy
domain: equity forward
range: forward contract adjustment method
definition: indicates the method used to address any changes to the contract based on events that occur over the contract lifecycle

has multiple
type: DatatypeProperty
sub property of: hasNumericValue
domain: index future
range: decimal
definition: indicates the multiple for determining the price of the futures contract in relation to the underlying index rate

at-the-money
type: NamedIndividual
type: moneyness
definition: moneyness classifier that refers to an option whose value in terms of its strike price is the same or close to the current market price of the underlying security
abbreviation: ATM
explanatory note: An ATM option has a delta of ±0.50, positive if it is a call, negative for a put.

basket option
type: Class
subclass of: exotic option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: MixedBasket
subclass of: Restriction
  on property: has price determination method
  some values from: price determination method
subclass of: Restriction
  on property: hasContractDuration
  some values from: ExplicitDuration
definition: option whose underlying asset is a group, or basket, of commodities, securities, indices, or currencies
explanatory note: As with other options, a basket option gives the holder the right, but not the obligation, to buy or sell the basket at a specific price, on or before a certain date. This exotic option has all the characteristics of a standard option, but with the basis of the strike price on the weighted value of its components. Currency baskets are the most popular type of basket option, and they will settle in the holder's home currency. Because it involves just one transaction, a basket option often costs less than multiple single options as it saves on commissions and fees.

bond option
type: Class
subclass of: fixed income option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Bond
definition: option giving the buyer (holder) the right, but not the obligation, to buy or sell (depending on whether it is a call or a put) a bond at a certain price on or before a specified date

butterfly
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: has exercise price
  on class: strike price
  qualified cardinality: 3
subclass of: Restriction
  on property: comprises
  on class: option
  qualified cardinality: 4
definition: strategy that combines bull and bear spreads with a fixed risk and capped profit
explanatory note: These spreads are intended as a market-neutral strategy and pay off the most if the underlying asset does not move prior to option expiration. They involve either four calls, four puts, or a combination of puts and calls with three strike prices. Butterfly spreads pay off the most if the underlying asset price doesn't change before the option expires. The upper and lower strike prices are equal distance from the middle, or at-the-money, strike price.

call option
type: Class
subclass of: option
definition: option giving the buyer (holder) the right, but not the obligation, to buy the assets specified at a fixed price or formula, on or before a specified date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: The seller (issuer) of the call option assumes the obligation of delivering the assets specified should the buyer exercise the option.

capped option
type: Class
subclass of: vanilla option
subclass of: Restriction
  on property: has cap price
  some values from: MonetaryPrice
definition: option with an established profit cap or cap price
explanatory note: The cap price is equal to the option's strike price plus a cap interval for a call option or the strike price minus a cap interval for a put option. A capped option is automatically exercised when the underlying security closes at or above (for a call) or at or below (for a put) the option's cap price.

collar
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 1
definition: option trading strategy that involves buying a downside put and selling an upside call that is implemented to protect against large losses, but which also limits large upside gains

condor spread
type: Class
subclass of: option trading strategy
definition: non-directional options strategy that limits both gains and losses while seeking to profit from either low or high volatility
explanatory note: There are two types of condor spreads. A long condor seeks to profit from low volatility and little to no movement in the underlying asset. A short condor seeks to profit from high volatility and a sizable move in the underlying asset in either direction. A Condor Spread uses either all calls or all puts.

covered call
type: Class
subclass of: call option
definition: call option in which the seller (investor) owns an equivalent amount of the underlying security

equity option
type: Class
subclass of: vanilla option
subclass of: equity derivative
subclass of: Restriction
  on property: has exercise style
  has value: AmericanExerciseConvention
definition: option giving the buyer (holder) the right, but not the obligation, to buy (via a call option) or sell (via a put option) the underlying equity assets specified at a pre-determined price (i.e., the strike price, fixed or calculated), on or before a specified date (the expiration date)
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: For an Equity Option, one contract represents 100 shares of stock. Equity options settle in 'American style'.

exotic option
type: Class
subclass of: over-the-counter derivative instrument
subclass of: option
definition: option that has a non-standard payout structure or other feature
adapted from: Commodity Futures Trading Commission (CFTC) glossary, https://www.cftc.gov/LearnAndProtect/EducationCenter/CFTCGlossary/glossary_e.html
explanatory note: Exotic options include Asian options and lookback options, and are mostly traded in the over-the-counter market.

extrinsic value
type: Class
subclass of: MonetaryAmount
disjoint with: intrinsic value
definition: measure of the difference between the market price of an option, called the premium, and its intrinsic value
explanatory note: Extrinsic value is also the portion of the worth that has been assigned to an option by factors other than the underlying asset's price. The opposite of extrinsic value is intrinsic value, which is the inherent worth of an option.
synonym: option time value

fence
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 2
definition: option trading strategy that uses options to limit the range of possible returns on a financial instrument
explanatory note: A fence consists of the following elements: - long position in a financial instrument (e.g., a share, index or currency) - long put (normally with a strike price close to or at the current spot price of the financial instrument) - short put (with a strike price lower than the bought put - e.g., 80% of the current spot price) - short call (with a strike price higher than the current spot price).
explanatory note: The expiration dates of all the options are usually the same. The call strike is normally chosen in such a way that the sum total of the three option premiums is equal to zero. This investment strategy will ensure that the value of the investment at expiry will be between the strike price on the short call and the strike price on the long put. Thus, possible gains and losses (the value of the financial instrument minus the cost of acquiring it) are confined to a specified range. However, if the price of the financial instrument falls below the strike level of the sold put the investor will start participating in any further price declines of the financial instrument.

fixed income option
type: Class
subclass of: vanilla option
subclass of: debt instrument derivative
definition: option giving the buyer (holder) the right, but not the obligation, to buy (via a call option) or sell (via a put option) the underlying fixed income assets specified at a pre-determined price (i.e., the strike price, fixed or calculated), on or before a specified date (the expiration date)
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: Fixed income options, or debt options, are derivatives contracts that use bonds or other fixed-income securities as their underlying asset.

in-the-money
type: NamedIndividual
type: moneyness
definition: moneyness classifier that refers to an option that has value in a strike price that is favorable in comparison to the prevailing market price of the underlying asset
abbreviation: ITM
explanatory note: An in-the-money call option means the option holder has the opportunity to buy the security below its current market price. An in-the-money put option means the option holder can sell the security above its current market price.

interest rate option
type: Class
subclass of: interest rate derivative
subclass of: vanilla option
subclass of: Restriction
  on property: has strike rate
  some values from: InterestRate
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: InterestRateBenchmark
definition: option that giving the buyer (holder) the right, but not the obligation, to receive a cash payment if market interest rate of a reference rate is higher or lower, depending on the option, than the strike rate of the option
explanatory note: The amount of the payment will be based on the difference between the market rate on the exercise date and the strike rate, multiplied by the notional principal specified in the option contract, to calculate the total payment.

intrinsic value
type: Class
subclass of: MonetaryAmount
definition: measure of what an asset is worth, i.e. with respect to its current price
explanatory note: This measure is arrived at by means of an objective calculation or complex financial model. In financial analysis this term is used in conjunction with the work of identifying, as nearly as possible, the underlying value of a company and its cash flow. In options pricing it refers to the difference between the strike price of the option and the current price of the underlying asset.

iron butterfly
type: Class
subclass of: butterfly
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 2
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 2
definition: butterfly strategy that consists of two call options and two put options, three strike prices and the same expiration date
explanatory note: The key to using this trade as part of a successful trading strategy is to forecast a time when option prices are likely to decline in value generally. This usually occurs during periods of sideways movement or a mild upward trend.
synonym: iron fly

iron condor
type: Class
subclass of: condor spread
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 2
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 2
subclass of: Restriction
  on property: has exercise price
  on class: strike price
  qualified cardinality: 4
definition: condor strategy consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date
explanatory note: The iron condor earns the maximum profit when the underlying asset closes between the middle strike prices at expiration. In other words, the goal is to profit from low volatility in the underlying asset.

long-term equity anticipation security
type: Class
subclass of: equity option
subclass of: Restriction
  on property: hasContractDuration
  some values from: Duration
definition: equity option that allows the holder to buy or sell shares of stock with expiration dates that are longer than one year, and typically up to three years from issue
abbreviation: LEAP
explanatory note: By providing opportunities to control and manage risk or even to speculate, LEAPS are virtually identical to regular options. Expiration dates on LEAPs can range from nine months to three years, which is longer than the holding period for a traditional call or put option. Although they are not available on all stocks, LEAPS are available on most widely held issues.

moneyness
type: Class
subclass of: Classifier
subclass of: Restriction
  on property: classifies
  some values from: option
definition: classifier for a derivative relating its strike price to the price of its underlying asset
explanatory note: Moneyness describes the intrinsic value of an option in its current state. The term moneyness is most commonly used with put and call options and is an indicator as to the comparative value of the option with respect to its exercise/strike price. Moneyness can be measured with respect to the underlying stock or other asset's current/spot price or its future price.

option holder
type: Class
subclass of: Owner
subclass of: Restriction
  on property: holds
  some values from: option
definition: party that owns an option
explanatory note: In a call, the option holder has the right, but not the obligation, to buy the underlying asset, while, in a put, the option holder has the right to sell the underlying asset. An option holder may sell the option contract itself, at which point the buyer becomes the option holder. Once the instrument is exercised there are typically additional, relevant obligations with regard to settlement.

option issuer
type: Class
subclass of: issuer
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: option
definition: issuer granting the rights defined in the option in exchange for some consideration

option on future
type: Class
subclass of: vanilla option
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: future
subclass of: Restriction
  on property: hasExerciseTerms
  some values from: AmericanExerciseTerms
definition: option that gives the holder the right, but not the obligation, to buy or sell a specific futures contract at a specified price on or before the option's expiration date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.

option premium
type: Class
subclass of: market price
subclass of: Restriction
  on property: hasExpression
  on class: option premium formula
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasMonetaryAmount
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasQuantityValue
  on class: PercentageMonetaryAmount
  min qualified cardinality: 0
definition: current market price of an option contract
explanatory note: The option premium is the income received by the seller (writer) of an option contract to another party. In-the-money option premiums are composed of two factors: intrinsic and extrinsic value. Out-of-the-money options' premiums consist solely of extrinsic value. For stock options, the premium is quoted as a dollar amount per share, and most contracts represent the commitment of 100 shares.

option premium formula
type: Class
subclass of: Expression
definition: expression used to calculate the premium based either on the price per option or percentage of the notional amount

option trading strategy
type: Class
subclass of: TradingStrategy
subclass of: Restriction
  on property: comprises
  some values from: option
definition: trading tactic involving more than one option type, strike price, or expiration date on the same underlying asset
explanatory note: Note that some trading strategies may be considered financial instruments in their own right, but most strategies are not. The critical differentiators include whether the strategy itself can be traded, whether it has a financial instrument identifier independently from the identifier(s) of the embedded instrument(s), such as a FIGI or ISIN, and so forth.
explanatory note: Option trading strategies refer to buying calls or put options or selling calls or put options or both together for the purpose of limiting losses and/or optimizing profits. Basically, these strategies utilize one or more combinations for the best outcome possible based on defined parameters. Simple combinations include option spread trades such as vertical spreads, calendar (or horizontal) spreads, and diagonal spreads. More involved combinations include trades such as condor or butterfly spreads which are actually combinations of two vertical spreads.

out-of-the-money
type: NamedIndividual
type: moneyness
definition: moneyness classifier that refers to an option whose value in terms of its strike price is not favorable in comparison to the prevailing market price of the underlying asset
abbreviation: OTM
explanatory note: An OTM call option will have a strike price that is higher than the market price of the underlying asset. Alternatively, an OTM put option has a strike price that is lower than the market price of the underlying asset.

protective collar
type: Class
subclass of: collar
subclass of: Restriction
  on property: comprises
  on class: covered call
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: protective put
  qualified cardinality: 1
definition: collar that consists of a covered call and protective put
explanatory note: A protective collar consists of a long position in the underlying security, a put option purchased to hedge the downside risk on a stock, a call option written on the stock to finance the put purchase.

protective put
type: Class
subclass of: put option
subclass of: Restriction
  on property: has calculated market value
  some values from: option premium
definition: put option giving the buyer (holder) the right, but not the obligation, to sell the assets specified at with a strike price equal or close to the current price of the underlying asset, on or before a specified date
explanatory note: A protective put is a risk management and options strategy that involves holding a long position in the underlying asset (e.g., stock). A protective put strategy is analogous to the nature of insurance. The main goal of a protective put is to limit potential losses that may result from an unexpected price drop of the underlying asset
synonym: synthetic call

put option
type: Class
subclass of: option
definition: option giving the buyer (holder) the right, but not the obligation, to sell the assets specified at a fixed price or formula, on or before a specified date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: The seller of the put option assumes the obligation of buying the assets specified should the buyer exercise the option.

risk reversal
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 1
definition: option trading strategy that consists of being short (selling) an out of the money put and being long (i.e., buying) an out of the money call, both with the same maturity
explanatory note: A risk reversal is a position which simulates profit and loss behavior of owning an underlying security; therefore, it is sometimes called a synthetic long. This is an investment strategy that amounts to both buying and selling out-of-money options simultaneously. In this strategy, the investor will first make a market hunch; if that hunch is bullish, he will want to go long. However, instead of going long on the stock, he will buy an out of the money call option, and simultaneously sell an out of the money put option. Presumably he will use the money from the sale of the put option to purchase the call option. Then as the stock goes up in price, the call option will be worth more, and the put option will be worth less.

standardized options terms
type: Class
subclass of: standardized terms
subclass of: Restriction
  on property: has publisher
  some values from: Class
    union of: derivatives clearing organization
    union of: exchange
subclass of: Restriction
  on property: has price determination method
  some values from: price determination method
subclass of: Restriction
  on property: appliesTo
  some values from: vanilla option
definition: standardized contract terms established by a securities or options exchange or by an options clearing entity
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: Such terms may relate to the underlying instruments, exercise price, expiration date, and contract size, for example.

straddle
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 1
definition: neutral option trading strategy that involves simultaneously buying both a put option and a call option for the underlying security with the same strike price and the same expiration date
explanatory note: The strategy is profitable only when the value of the underlier varies (rises or falls) from the strike price by more than the total premium paid.

strangle
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 1
definition: option trading strategy in which the investor holds a position in both a call and a put option with different strike prices, but with the same expiration date and underlying asset
explanatory note: A strangle is a good strategy if you think the underlying security will experience a large price movement in the near future but are unsure of the direction. However, it is profitable mainly if the asset swings sharply in price.

strike price
type: Class
subclass of: MonetaryPrice
definition: price at which a lot of the underlying asset may be bought or sold when the contract is exercised
explanatory note: For call options, the strike price is the price at which the security may be purchased by the option holder; for put options, the strike price is the price at which the security may be sold.

strip strategy
type: Class
subclass of: option trading strategy
subclass of: Restriction
  on property: comprises
  on class: call option
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: put option
  qualified cardinality: 2
subclass of: Restriction
  on property: hasSchedule
  some values from: Schedule
definition: option trading strategy that involves a sequential set of options with periodic reset dates, such that each period between resets behaves like an individual option
explanatory note: Typically, a strip is a strategy that involves being long in one call position and two put options, all with the same strike price on a single underlying stock. The investor who adopts this strategy believes that the underlying price of the stock will plummet in the near-term future. All three of the options will have the same expiration date and the same strike price. If the investor is correct and the price drastically decreases, the puts will pay out substantially. If the investor is wrong and the price of the underlying asset increases, the call option will mitigate the loss. The period between resets may be called a Caplet or Floorlet.

vanilla option
type: Class
subclass of: option
subclass of: Restriction
  on property: has price determination method
  some values from: price determination method
subclass of: Restriction
  on property: hasContractDuration
  some values from: ExplicitDuration
definition: common option giving the buyer (holder) the right, but not the obligation, to buy (via a call option) or sell (via a put option) the underlying assets specified at a pre-determined price (i.e., the strike price, fixed or calculated), on or before a specified date (the expiration date)
explanatory note: Vanilla options include call or put options that have no special or unusual features, and are typically exchange traded.

has calculated market value
type: ObjectProperty
sub property of: hasPrice
domain: option
range: option premium
definition: indicates a calculated price as of some relative date considered the market value of the option at that point in time
synonym: has premium

has cap price
type: ObjectProperty
sub property of: hasMonetaryAmount
sub property of: hasPrice
range: MonetaryPrice
definition: price at which the contract may be exercised

has exercise date offset
type: ObjectProperty
sub property of: hasDuration
domain: strip strategy
range: Duration
definition: indicates the period in days between the reset date and the exercise date

has exercise price
type: ObjectProperty
sub property of: hasPrice
range: strike price
definition: specifies a predetermined price at which the holder commits to buy or sell an underlying asset
synonym: has strike price

has exercise schedule
type: ObjectProperty
sub property of: hasSchedule
domain: option
range: Schedule
definition: links an option to the schedule specified in the contract that constrains when it may be exercised
explanatory note: An exercise schedule may be as simple as a single date or date period. However, in more complex cases, it may be an ad hoc schedule of individual dates, or a regular schedule of periodic exercise dates.

has exercise style
type: ObjectProperty
sub property of: isClassifiedBy
domain: option
range: ExerciseConvention
definition: indicates the exercise convention specified for the option

has interest accrual date offset
type: ObjectProperty
sub property of: hasDuration
domain: strip strategy
range: Duration
definition: indicates the period in days between each reset date and the commencement of interest accrual for the next period

has option holder
type: ObjectProperty
sub property of: hasContractParty
domain: option
range: option holder
definition: indicates the owner of the option

has option writer
type: ObjectProperty
sub property of: hasContractParty
domain: option
range: option issuer
definition: indicates the issuer of the option
explanatory note: Typically, the option writer collects the premium when the option is initially sold.

has settlement date offset
type: ObjectProperty
sub property of: hasDuration
domain: strip strategy
range: Duration
definition: indicats the period in days between each reset date and the corresponding settlement date

has strike percentage amount
type: ObjectProperty
sub property of: hasPrice
range: PercentageMonetaryAmount
definition: indicates a strike price or level expressed as a percentage of the value of the underlying asset

has strike rate
type: ObjectProperty
sub property of: hasQuantityValue
range: Ratio
definition: rate at which the contract may be exercised

allotment right
type: Class
subclass of: equity derivative
subclass of: entitlement
subclass of: Restriction
  on property: hasExpression
  some values from: allotment right formula
definition: privileges allotted to existing security holders, entitling them to receive new securities free of charge
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Allotment generally means the distribution of equity, particularly shares granted to a participating underwriting firm during an initial public offering (IPO).
synonym: bonus right

allotment right formula
type: Class
subclass of: Expression
definition: rule applied to calculate the number of securities for an allotment right, typically based on the number of these instruments that the holder holds
explanatory note: Note that there may be a combination of a rule expressed in text as well as an expression or more complex formula embedded in a contract for making this determination.

barrier instrument-based mini-future certificate
type: Class
subclass of: mini-future certificate
definition: mini-future certificate that immediately expires if the barrier instrument trading price level is breached during product lifetime
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

barrier underlying mini-future certificate
type: Class
subclass of: mini-future certificate
definition: mini-future certificate that immediately expires if the barrier underlying level is breached during product lifetime
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

basket warrant
type: Class
subclass of: warrant
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: BasketOfSecurities
definition: warrant that permits the holder to acquire a package or group of assets at a specified price during a specified period
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

bond purchase right
type: Class
subclass of: purchase right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Bond
definition: purchase right that gives a prospective acquiree's bondholders the right to buy bonds of the firm or bonds of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

bond subscription right
type: Class
subclass of: subscription right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Bond
definition: subscription right entitling existing bond holders to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

call put warrant
type: Class
subclass of: call warrant
subclass of: put warrant
definition: warrant that either does not specify call or put features, or that explicitly includes both a call and put feature
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: The call and put code, 'B', in the CFI stands for 'Both', meaning such a warrant embodies characteristics of both a call and a put. This can appear in structured warrants or exotic warrants where payout may depend on movements in either direction (or give the holder a choice at certain triggers).
synonym: straddle warrant

call warrant
type: Class
subclass of: warrant
definition: warrant giving the buyer (holder) the right, but not the obligation, to acquire specific underlying assets during a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: Exercising a call warrant whose underlying instrument is an equity involves buying new shares directly from the company, causing dilution.

combined instruments purchase right
type: Class
subclass of: purchase right
definition: purchase right that gives a prospective acquiree's holders of multiple securities the right to buy securities of the firm or securities of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

combined instruments subscription right
type: Class
subclass of: subscription right
definition: subscription right entitling existing holders of multiple securities to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

commodity warrant
type: Class
subclass of: commodity derivative
subclass of: warrant
definition: warrant that permits the holder to acquire a specified amount of a commodity during a specified period at a specified price
example: Commodity Warrants Australia (CWA) sells warrants based on 12 commodities and financial markets - crude oil, gold, silver, live cattle, corn, orange juice, soy, coffee, cocoa, the Dow Jones Industrial Average, the NASDAQ Composite Index and the S&P 500 Index.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

common convertible share purchase right
type: Class
subclass of: purchase right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ConvertibleCommonShare
definition: purchase right that gives a prospective acquiree's common, convertible shareholders the right to buy common, convertible shares of the firm or common, convertible shares of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

common convertible share subscription right
type: Class
subclass of: subscription right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ConvertibleCommonShare
definition: subscription right entitling existing common convertible shareholders to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

common share purchase right
type: Class
subclass of: purchase right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: CommonShare
definition: purchase right that gives a prospective acquiree's common shareholders the right to buy common shares of the firm or common shares of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

common share subscription right
type: Class
subclass of: subscription right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: CommonShare
definition: subscription right entitling existing common shareholders to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

CompanyWarrant
type: Class
deprecated: true
equivalent class: equity warrant

constant leverage certificate
type: Class
subclass of: security-based derivative
subclass of: entitlement
subclass of: option
definition: entitlement that combines the structure of an open-end certificate with a leverage option with no fixed term, making leverage available without a term restriction, without a knock-out barrier dependency
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

covered warrant
type: Class
subclass of: warrant
subclass of: Restriction
  on property: isIssuedBy
  some values from: financial institution
disjoint with: naked warrant
disjoint with: traditional warrant
definition: warrant that gives the holder the right, but not the obligation, to buy (call warrant) or to sell (put warrant) an underlying asset at a specified price (the strike or exercise price) by a predetermined date, issued without an accompanying security by a third party that holds as many securities as would be required if all the warrants are exercised
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Covered warrants are very similar to options in that they can be created to allow holders to benefit from either rising prices or falling prices, by having both put and call warrants. They can also be created on a wide variety of underlying instruments, not just equities and they are fairly standardised and are mostly traded on exchanges. The main difference is that warrants tend to have longer maturity dates, typically measured in years instead of months (as with options), and are easier to access for individuals as they can be bought and sold in the same way as shares in the stock exchange.
explanatory note: In contrast to traditional equity warrants, with covered warrants, no new issuance of common stock occurs if the warrant is exercised. The underlying shares of common stock are usually either owned by the issuer of the covered warrants or the issuer has a mechanism, such as owning equity warrants for the underlying shares, through which they can obtain the shares.

currency warrant
type: Class
subclass of: currency derivative
subclass of: warrant
definition: warrant that permits the holder to acquire a specified amount in a certain currency at a specified exchange rate during a specified period
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

debt warrant
type: Class
subclass of: warrant
subclass of: debt instrument derivative
definition: warrant that permits the holder to acquire a specified amount of a debt instrument or related debt observable a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

equity warrant
type: Class
subclass of: call warrant
subclass of: traditional warrant
subclass of: equity derivative
subclass of: Restriction
  on property: isIssuedBy
  some values from: Restriction
    on property: isPlayedBy
    all values from: stock corporation
definition: warrant that permits the holder to acquire a specified amount of an equity instrument during a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: An equity warrant typically enables a buyer to purchase shares of capital stock issued by the corporation whose equity is the underlying asset.
synonym: company warrant

exchange-traded warrant
type: Class
subclass of: public warrant
subclass of: ListedSecurity
definition: warrant that is listed on a securities exchange

exotic warrant
type: Class
subclass of: warrant
definition: warrant that gives the holder the right (but not the obligation) to buy (or sometimes sell) an underlying asset under non-standard or complex conditions, often involving additional features not found in a plain vanilla (standard) warrant
explanatory note: Exotic warrants may be created by investment banks as part of structured products to meet specific investor needs. They are often identified with an 'X' in their English stock short name.
explanatory note: Features of an exotic warrant may include (1) non-standard payoffs, such as path-dependent or condition-based payouts, (2) variations in the underlying asset(s), which may include equities, indices, currencies, interest rates, baskets of assets, etc., and (3) embedded optionality in terms of features such as barriers, lookbacks, digitals, or dual-currency terms.

index warrant
type: Class
subclass of: warrant
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    on class: Class
      union of: EconomicIndicator
      union of: ReferenceIndex
    min qualified cardinality: 0
definition: warrant that permits the holder to acquire a specified amount based on the performance of an index during a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

long mini-future certificate
type: Class
subclass of: mini-future certificate
definition: mini-future certificate that typically entitles the holder to acquire specific underlying assets during a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

mini-future certificate
type: Class
subclass of: barrier option
subclass of: security-based derivative
subclass of: entitlement
definition: entitlement that combines the structure of an open-end certificate with a leverage option with no fixed term, making leverage available without a term restriction, and whose payoff depends on whether or not the underlying asset has reached or exceeded a predetermined price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: The price of a mini-future always corresponds to its intrinsic value, i.e. the capital outlay, plus the bid-ask spread. The financing costs associated with building up the leverage effect are offset against the capital outlay on a daily basis, thereby eliminating the need for a premium. Investors have to pay only financing costs they actually utilize. In contrast to options, factors like volatility have no influence at all on the price of mini-futures.

naked warrant
type: Class
subclass of: warrant
subclass of: Restriction
  on property: isIssuedBy
  some values from: financial institution
disjoint with: traditional warrant
definition: warrant that gives the holder the right, but not the obligation, to buy (call warrant) or to sell (put warrant) an underlying asset at a specified price (the strike or exercise price) by a predetermined date, issued without an accompanying security by a third party that does not hold as many securities as would be required if all the warrants are exercised
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

perpetual warrant
type: Class
subclass of: warrant
definition: warrant without an expiration date, giving the holder the right, but not the obligation, to buy (call warrant) or to sell (put warrant) an underlying asset at a certain strike price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: The strike price, in the case of a perpetual warrant, is usually higher than the market value of the underlying asset at the time of issue.

preferred convertible share purchase right
type: Class
subclass of: purchase right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ConvertiblePreferredShare
definition: purchase right that gives a prospective acquiree's preferred, convertible shareholders the right to buy preferred, convertible shares of the firm or preferred, convertible shares of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

preferred convertible share subscription right
type: Class
subclass of: subscription right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ConvertiblePreferredShare
definition: subscription right entitling existing preferred, convertible shareholders to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

preferred share purchase right
type: Class
subclass of: purchase right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: PreferredShare
definition: purchase right that gives a prospective acquiree's preferred shareholders the right to buy preferred shares of the firm or preferred shares of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

preferred share subscription right
type: Class
subclass of: subscription right
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: PreferredShare
definition: subscription right entitling existing preferred shareholders to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

private warrant
type: Class
subclass of: warrant
subclass of: non-negotiable security
definition: warrant that is not tradable

public warrant
type: Class
subclass of: warrant
subclass of: negotiable security
definition: warrant that may be traded over the counter (OTC) or through an exchange

purchase right
type: Class
subclass of: entitlement
definition: anti-takeover device that gives a prospective acquiree's shareholders the right to buy shares of the firm or shares of anyone who acquires the firm at a deep discount to their fair market value
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: The underlying is usually shares but this not necessarily the case. Also known as "Poison Pill".

put warrant
type: Class
subclass of: warrant
definition: warrant giving the buyer (holder) the right, but not the obligation, to sell the assets specified (i.e., acquire cash in exchange for the underlying assets, such as stock) back to the issuer at a fixed price or formula, on or before a specified date
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, 2019.
explanatory note: A put warrant is essentially a company-issued option to sell shares back to the issuer.

short mini-future certificate
type: Class
subclass of: mini-future certificate
definition: mini-future certificate that entitles the holder to acquire cash in exchange for specific underlying assets
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

structured warrant
type: Class
subclass of: warrant
definition: warrant that is listed on an exchange, offering investors a way to participate in the price performance of an underlying asset without buying it directly
explanatory note: Unlike company-issued warrants, which are tied to corporate fundraising, structured warrants are issued by third-party financial institutions such as investment banks or brokers. They can be based on a variety of underlying assets, including individual company shares, a basket of shares, or an index.
explanatory note: When structured warrants are exercised, they are typically cash-settled and do not lead to the creation of new shares, thus avoiding dilution of existing shareholders. This is in contrast with company-issued stock options, which can potentially lead to the issuance of new shares, which might dilute the value for existing shareholders.

subscription right
type: Class
subclass of: entitlement
definition: privileges allotted to existing security holders, entitling them to subscribe to new securities at a price normally lower than the prevailing market price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: A subscription rights issue increases the number of shares in the market, thus leading to a dilution in each share's value.
synonym: anti-dilution right
synonym: preemptive right
synonym: subscription privilege

traditional warrant
type: Class
subclass of: warrant
definition: warrant that gives the holder the right, but not the obligation, to buy (call warrant) or to sell (put warrant) an underlying asset at a specified price (the strike or exercise price) by a predetermined date, issued by the issuer of the underlying instrument
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
synonym: vanilla warrant

warrant
type: Class
subclass of: entitlement
subclass of: Restriction
  on property: hasExerciseTerms
  some values from: ExerciseTerms
definition: entitlement that permits the holder to purchase a specified amount of a financial instrument, commodity, currency or other asset during a specified period at a specified price
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: Warrants are for any kind of instrument. Warrants may be privately issued and may not necessarily be traded on an exchange.

has conversion ratio
type: DatatypeProperty
sub property of: hasNumericValue
domain: entitlement
range: decimal
definition: indicates the factor used to determine the number of warrants needed in order to buy or sell a specific number of securities or investment units

has oversubscribe option
type: DatatypeProperty
domain: entitlement
range: boolean
definition: indicates whether the holders of the rights instrument may get securities in the event that other right holders choose not to subscribe

barrier capital protection certificate
type: Class
subclass of: capital-protected product
subclass of: participation certificate
definition: capital-protected product whose protection is defined as a percentage of the nominal price (e.g. 100 percent), with minimum redemption at expiry equivalent to the capital protection
note: Note that capital protection in this case refers to the nominal amount only, and not to the purchase price. The value of the product may fall below its capital protection value during its lifetime; participation is in the underlying price increase above the strike up to the barrier; possibility of rebate payment once barrier is breached; limited profit potential.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.7

barrier discount certificate
type: Class
subclass of: participation certificate
subclass of: StructuredFinanceWithoutPrincipalProtection
definition: participation certificate that enables the investor to acquire the underlying asset at a lower price in return for a limited payout, and for which the maximum redemption amount (Cap) is paid out if the barrier is never breached
note: Due to the barrier, the probability of maximum redemption is higher; the discount, however, is smaller than for a discount certificate. If the barrier is breached the product changes into a discount certificate. Barrier discount certificates have reduced risk compared to direct investment in the underlying assets, with limited profit potential (Cap). With higher risk levels multiple underlying assets (worst-of) allow for higher discounts or a lower barrier.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.8

barrier reverse convertible certificate
type: Class
subclass of: participation certificate
subclass of: StructuredFinanceWithoutPrincipalProtection
definition: participation certificate whose payout is conditional: should the barrier never be breached, the nominal price plus coupon is paid at redemption; if the barrier is breached the product changes into a reverse convertible
note: Due to the barrier, the probability of maximum redemption is higher; the coupon, however, is smaller than for a reverse convertible. It has reduced risk compared to a direct investment into the underlying asset(s). With higher risk levels, multiple underlying assets (worst-of) allow for higher coupons or lower barriers; limited profit potential (Cap).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.8

basket certificate
type: Class
subclass of: participation certificate
definition: certificate whose underlying asset represents a fraction of a basket of securities that corresponds to the subscription ratio
explanatory note: Basket certificates make sense if an investor is convinced of the potential in a particular sector or region, but shies away from the risk of investing in individual securities. Because the certificate is expected to achieve higher profits than the benchmark index, the share basket usually contains fewer titles than the benchmark index. That increases the potential for profits; but the risk of loss increases compared to the index. Unlike shares, basket certificates are not eligible for dividend payouts. The limited maturity should also be taken into account.
explanatory note: The issuer determines the basket's compilation before quoting the certificate. Fundamentally, all securities with regular, at least daily, price determinations are suited for the portfolio. The selection criteria for the shares or securities in the basket are known and remain unchanged during the life of the certificate. Note, however, that the composition of the share basket can change over time. If the issuer follows a specific strategy with the certificate, the basket has to be adjusted at specific end-of-period dates, provided the market leaders change. In such a case, the basket is called an active basket. If, in contrast, the composition of a share basket remains clearly defined, as is the case for an index certificate, it is called a passive basket.
explanatory note: The success of a basket certificate is measured on whether it can outperform a comparison index or fund, a so-called benchmark. Basket certificates can be roughly divided into three categories based on the criteria for selecting securities: Sector certificates; country or region certificates; and strategy and thematic certificates.

bonus certificate
type: Class
subclass of: participation certificate
definition: certificate whose minimum redemption is equal to the nominal value provided the barrier has not been breached, with a greater risk in relation to multiple underlying asset(s) (worst-of), allowing for a higher bonus level or lower barrier, and with a reduced risk compared to a direct investment into the underlying asset(s)
example: For example: You buy a bonus certificate based on a stock. The price of the stock at the time that you get the certificate is 100 Euros. The bonus level is 120 Euros, and the protection threshold is 80 Euros. Over the two-year term, the price of the stock fluctuates between 90 and 110 Euros. When the certificate matures at the end of the term, you receive the bonus price of 120 Euros.
note: If the barrier is breached the product becomes a tracker certificate.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8
explanatory note: Bonus certificates have a risk buffer for price losses in the underlying; the bonus guarantees a minimum return above the risk level. A bonus certificate represents an alternative to a direct investment in a share or an index. Investors primarily use them if they believe that despite rising prices setbacks are still likely to occur. A bonus certificate is furnished with a bonus amount and an upper and lower price level. If the certificate expires with the price of the underlying ranging between these two levels, owners are paid out their bonuses. If the underlying was at or below the risk level during the certificate's lifetime, its price is that of the current value of the certificate at expiry. If the underlying is above the upper level at expiry, the investor fully participates in the price gains. Some bonus certificates have a profit cap. This is where the certificate stops participating in the price gains of the underlying. A bonus certificate is issued at the current price of the underlying. The upper level is derived from adding the bonus to the issue price. The lower level is determined at issuance and usually expressed in percent.

capital-protected product
type: Class
subclass of: structured product
definition: structured product that participates in the performance of a financial asset, such as a stock, fund or index, while protecting the investor's capital
note: Capital protected structured instruments offer investors exposure to chosen underlying assets using various approaches and offering a large variety of asymmetric pay-off profiles. There are one or more reference entities underlying the product. Redemption is made at least in the amount of the conditional capital protection at maturity, provided that no credit event by the reference entity has occurred. Conditional capital protection only applies to the nominal amount and not to the purchase price. The general functioning of a capital guaranteed structured instrument is as follows: the notional amount is split into a zero bond, that will deliver the capital guarantee at maturity, and the difference between the zero bond's value (= present value of the guarantee level at maturity) and the notional amount is used for structuring the performance component with options which deliver the agreed pay-off profile of the structured instrument.
abbreviation: CPI
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.7
explanatory note: Depending on the product, they may participate to varying degrees in the underlying asset's upside and protect the capital either entirely or partially.
synonym: capital protected investment

capital protection certificate with coupons
type: Class
subclass of: capital-protected product
subclass of: participation certificate
definition: capital-protected product whose protection is defined as a percentage of the nominal price (e.g. 100 percent), with minimum redemption at expiry equivalent to the capital protection
note: Note that capital protection in this case refers to the nominal amount only, and not to the purchase price. The value of the product may fall below its capital protection value during its lifetime; the coupon amount is dependent on the development of the underlying asset; periodic coupon payment is expected.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.7

capital protection certificate with participation
type: Class
subclass of: capital-protected product
subclass of: participation certificate
definition: capital-protected product whose protection is defined as a percentage of the nominal amount (e.g. 100 percent), with minimum redemption at expiry equivalent to the capital protection
note: Note that capital protection in this case refers to the nominal amount only, and not to the purchase price. The value of the product may fall below its capital protection value during its lifetime, and participation is in the underlying price increase above the strike.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.7

capital protection convertible certificate
type: Class
subclass of: capital-protected product
subclass of: participation certificate
definition: capital-protected product whose protection is defined as a percentage of the nominal price (e.g. 100 percent), with minimum redemption at expiry equivalent to the capital protection
note: Note that capital protection in this case refers to the nominal price only, and not to the purchase price. The value of the product may fall below its capital protection value during its lifetime; participation is in the underlying price increase above the conversion price; coupon payment is possible.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.7

discount certificate
type: Class
subclass of: participation certificate
subclass of: StructuredFinanceWithoutPrincipalProtection
definition: participation certificate that enables the investor to acquire the underlying asset at a lower price in return for a limited payout, and for which the underlying asset(s) and/or a cash amount is redeemed should the underlying asset close below the strike on expiry, for which, in return, the potential profit is capped
note: Discount certificates correspond to a buy-write-strategy; they have reduced risk compared to a direct investment in the underlying asset; with higher risk levels multiple underlying assets (worst-of) allow for higher discounts; limited profit opportunity (Cap).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.8
explanatory note: At the end of the certificate's maturity, a cash disbursement occurs. If the price of the underlying when the maturity is up is higher than the maximal payout or identical to it, the issuer pays the maximum amount. If the price of the underlying is less than the cap, the issuer pays either the current price of the certificate in cash or he gives the investor the underlying, for example a share, at its current price. The issuer can choose. The cash payout is obligatory in the case of discount certificates on indices, currencies or interest.
explanatory note: Discount certificates are ideal for conservative investors that want to guard against market fluctuations and who expect in the medium term sideways-moving prices. Because the buyer of a discount certificate does not profit from price gains that are higher than the cap, this form of investment is best suited for a medium-term oriented engagement. If the certificate reaches its cap before the maturity, the investor should take the profits.
explanatory note: The maximum profit that an investor can reach with a discount certificate is calculated by taking the difference between the purchase price and the cap on the underlying. Losses, in contrast, are lessened by the discount. The investor suffers a loss only when the price of the underlying at the end of the maturity has fallen so far that the discount is depleted. The discount thus works as a buffer against risk.

express certificate
type: Class
subclass of: participation certificate
subclass of: StructuredFinanceWithoutPrincipalProtection
definition: participation certificate whose payout is conditional: should the underlying trade above the strike on the observation date, an early redemption consisting of nominal price plus an additional coupon amount is paid
note: Express certificates offer the possibility of an early redemption combined with an attractive yield opportunity. They have reduced risk compared to a direct investment into the underlying asset(s). With higher risk levels, multiple underlying assets (worst-of) allow for higher coupons or lower barriers; limited profit opportunity (Cap).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.8

index certificate
type: Class
subclass of: participation certificate
definition: certificate whose underlying asset is an index
explanatory note: If the underlying share increases in value, the value of the certificate increases in analog to the gain; with every setback, the certificate value declines accordingly.
explanatory note: Investors should think about currency risks when investing in index certificates that track a share index outside of the euro zone. And they should pay attention to whether the underlying index is a performance or price index. With a performance index, all dividends and profits from subscription rights flow into the index value. In contrast to that, price indices show the pure development of the shares and thus the price declines that usually accompany dividend payouts. Index certificates are particularly interesting to investors that want to profit from positive capital-market developments, but who don’t want to deal with the daily price developments of several individual shares.
explanatory note: With Index certificates investors can participate one-to-one in the development of an exchange index – without actually buying the underlying shares in that comprise that index. Every index certificate has a subscription rate (e.g., 1:10 or 1:100) that defines the value of the certificate in relation to the index listing. The investor invests broadly diversified and transparently with minimal effort and smaller amounts.

leveraged product
type: Class
subclass of: structured product
definition: structured product that provides a further enhanced yield (over and above that of a yield-enhancement product), often without any limit to the upside participation, and frequently with a stop-loss in order to limit potential capital losses
example: Leveraged certificates are examples of leveraged products; they provide enhanced participation to an underlying with inbuilt leverage. Leveraged exposure is also provided on the downside performance of the underlying. Another example is a call warrant, which is simply a call option that is traded in a securitized format. This format is interesting in order to be able to trade a call option on underlyings for which no exchange traded option market exists.

outperformance bonus certificate
type: Class
subclass of: bonus certificate
subclass of: outperformance certificate
definition: certificate that allows disproportionate participation (outperformance) in positive performance above the strike, in which the minimum redemption is equal to the nominal value provided the barrier has not been breached, with greater risk multiple underlying asset(s) (worst-of) allow for a higher bonus level or lower barrier, and reduced risk compared to a direct investment into the underlying asset(s)
note: If the barrier is breached the product changes into an outperformance certificate.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8
explanatory note: The outperformance bonus certificate combines the strengths of both outperformance and normal bonus certificates. This means that you’re protected on the downside by a bonus level (i.e., a feature of bonus certificates) but nevertheless have the opportunity to participate disproportionately in upside gains in the underlying instrument (the 'outperformance certificate' dimension). If you compare all three structured product types with each other, you’ll see that outperformance bonus certificates come up a bit short in terms of the characteristics of the other two forms. In other words, the disproportionate participation rate (outperformance) is usually somewhat lower than with a 'plain vanilla' outperformance certificate. This is because additional bonus protection has to be bought in order to structure the product properly. The same applies to the bonus dimension: because such a certificate still affords disproportionate participation, its downside protection level is more modest.

outperformance certificate
type: Class
subclass of: participation certificate
definition: certificate that allows disproportionate participation (outperformance) in positive performance above the strike, reflecting underlying price moves 1:1 (adjusted by the conversion ratio and any related fees), and whose risk is comparable to direct investment in the underlying asset(s)
example: For example: You buy an outperformance certificate based on a stock. The certificate’s strike price is 100 Euros and its participation factor is 150 percent. If the price of the underlying stock surpasses the strike price of 100 Euros, you are rewarded with a 150 percent return, instead of just 100 percent. If the price of the stock climbs to 110 Euros, for example, the value of the certificate would be 115 Euros.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8

participation certificate
type: Class
subclass of: participation instrument
subclass of: StructuredFinanceInstrument
definition: participation product that provides the possibility to participate in the gains or losses in the price of an asset, subject to counterparty risk
explanatory note: In many cases, certificates do not give the investor the right to receive dividend distributions from the underlying stocks or other assets. For example: You buy a bonus certificate issued by your bank which is based on a stock that pays annual dividends. During the certificate's term, the bank holds the underlying stock and receives the dividends. At the end of the term, the bank pays the predefined bonus, even though the actual price of the stock is lower (but not below the protection threshold).Depending on the type of certificate, the exact terms and conditions, and the contract's expiry date, it is possible that the investor may receive the underlying asset instead of money at the end of the investment term. That is often the case with discount certificates based on stocks, for example, when their price sits below the predetermined cap. If the certificate's issuer becomes insolvent, the assets which underly the certificate are considered part of the issuer's liquid assets. This is in contrast to owning actual securities or shares in investment funds, as these are segregated assets which remain the property of the investor if the broker or custodian bank fails.
synonym: bearer debt note
synonym: certificate

participation instrument
type: Class
subclass of: structured product
subclass of: security-based derivative
definition: structured product that provides the possibility to participate in the performance of an asset or basket of assets
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: The construction is generally based on a low exercise price option (LEPO) (base value less discounted future dividends) which in some cases might be comparable to a direct investment in the underlying asset(s) or a LEPO combined with other options, which together provide the desired disbursement profile.
explanatory note: These assets could be anything, from equities, funds, bonds, ETFs indices to a mix of those. The most common participation products are tracker certificates, providing 1-to-1 participation to the performance of a basket of securities.
synonym: participation product

reverse convertible certificate
type: Class
subclass of: participation certificate
subclass of: StructuredFinanceWithoutPrincipalProtection
definition: participation certificate whose payout is conditional: should the underlying asset close below the strike on expiry, the underlying asset(s) and/ or a cash amount is redeemed; should the underlying asset close above the strike at expiry, the nominal amount plus the coupon is paid at redemption
note: Note that in the case of a reverse convertible certificate, the coupon is paid regardless of the underlying development. It has reduced risk compared to a direct investment into the underlying asset. With higher risk levels, multiple underlying assets (worst-of) allow for higher coupons; limited profit potential (Cap).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.4.8

structured product
type: Class
subclass of: derivative instrument
definition: security whose cash flow characteristics depend upon one or more indices or that have embedded forwards or options or securities where an investor's investment return and the issuer's payment obligations are contingent on, or highly sensitive to, changes in the value of underlying assets, indices, interest rates or cash flows
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: A structured product is a pre-packaged structured finance investment strategy based on a single security, a basket of securities, options, indices, commodities, debt issuance or foreign currencies, and to a lesser extent, derivatives. Structured products are not homogeneous - there are numerous varieties of derivatives and underlying assets - but they can be classified under the aside categories. Typically, a desk will employ a specialized 'structurer' to design and manage its structured-product offering.
synonym: market-linked investment
synonym: structured instrument

tracker certificate
type: Class
subclass of: participation certificate
definition: certificate that reflects underlying price moves 1:1 (adjusted by conversion ratio and any related fees), in which the associated risk is comparable to direct investment in the underlying asset(s)
example: Tracker certificates can be purchased on stock exchanges which they are listed on. Many of these certificates track underlying assets at a ratio of 1:100. That means that an investor can invest just a fraction of the amount which would be required to buy the actual underlying asset. For example: You invest in a tracker certificate which is based on a stock basket with a value of 10,000 Euros. Because the tracker certificate uses a ratio of 1:100, you only need to pay 100 Euros for the certificate. If the price of the underlying stocks goes up by 10 percent (to 11,000 Euros), the value of the certificate will also go up by 10 percent (to 110 Euros).
example: Trackers can be used to invest in the performance of multiple stocks, for example. A tracker certificate is a structured instrument that allows the investor to invest in an underlying asset without actually owning the asset. From an investor perspective, tracker certificates work much like investment funds. The tracker follows the price of an underlying asset (one or more stocks, for example). The investor buys a certificate based on the tracker. If the value of the underlying asset goes up, the value of the certificate goes up with it. If the underlying asset loses value, the certificate loses value.
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8
explanatory note: Some tracker certificates have an expiry date. That means they only track an underlying asset for a predetermined length of time (one year, for example). The certificate matures at the end of that period, at which point you as the investor are paid out its going value at the time of expiry.
explanatory note: Tracker certificates can also be used to profit off negative price developments. This is the case with so-called bear tracker certificates which take a short position on the underlying asset. Note that tracker certificates do not normally pay out dividends. If one holds a certificate which tracks the stock of a company which pay dividends, they will not receive them. However, they may receive some form of compensation from the certificate’s issuer in some cases.
explanatory note: Unlike investment funds – which are divided into shares and owned by investors – tracker certificates are simply debt claims against the issuer (the bank which offers them, for example). That means the underlying asset which you are investing in does not belong to you, but to the issuer. Shares of investment funds, on the other hand, are classified as segregated assets in some jurisdictions, such as Switzerland, and are owned by you as the shareholder rather than by the fund managers. In practice, investors are not likely to notice the difference. But whether you hold tracker certificates or fund shares makes a big difference when an investment company becomes insolvent. Tracker certificates are not protected against issuer bankruptcy, and fall into the pool of general debt claims against the bankrupt party. If the issuer of a tracker certificate goes bankrupt, you may very likely lose all or part of the money which you invested in the tracker certificate. This danger is known as counterparty risk. By investing in tracker certificates, you agree to carry the counterparty risk.

turbo certificate
type: Class
subclass of: participation certificate
definition: certificate that acts as a leveraged security, whose price tracks an underlying financial asset's price one for one, and that can be used to go long or short
explanatory note: As risk management each turbo trade has a built-in knock-out level and will terminate if this is hit.
explanatory note: There are two types of turbos: long turbos, sometimes known as bull turbos, and short turbos, also known as bear turbos. You'd buy a long turbo if you thought the price of the underlying asset was set to rise. With a long turbo, the knock-out level will be below the underlying asset's current market price to protect you against downward movements. Alternatively, you'd buy a short turbo if you thought the price of the underlying asset might fall. A short turbo will have a knock-out level which is above the underlying asset's current market price to protect you against upward movements.
explanatory note: Turbos are traded on venue rather than over the counter (OTC), and have fully visible order books that you can view to gauge sentiment and plan your strategy. Turbo trading works by buying a transferrable security whose value is based on an underlying asset's. So, you effectively take a position on that asset's price either rising or falling. For each trade, you choose a knock-out level – the point where you'd like to exit if the market turns against you. This then helps to determine the purchase price for the turbo, which will be your maximum possible loss. You'll pay this outlay in full upfront.
synonym: turbo
synonym: turbo warrant

twin-win certificate
type: Class
subclass of: participation certificate
definition: certificate that makes profits possible with rising and falling underlying asset values, in which a falling underlying asset price converts into profit up to the barrier, and whose minimum redemption is equal to the nominal value provided the barrier has not been breached
note: If the barrier is breached the product changes into a tracker certificate. With higher risk levels, multiple underlying asset(s) (worst-of) allow for a higher bonus level or lower barrier. Twin-win certificates have reduced risk compared to a direct investment into the underlying asset(s).
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15, clause 6.2.8
explanatory note: Twin-win certificates are suited to investors who are convinced that the underlying instrument has a good chance of going up. If it in fact does, the built-in leverage of the product enables you to participate not just 1:1 in that upside move (as would be the case with a normal tracker certificate), but instead at a disproportionate rate and with no price limitation.
explanatory note: With a twin-win certificate, you can actually have it both ways. In other words, this type of structured product generates a profit for you not only when the price of the underlying instrument goes up, but also if it declines to a certain extent. And this with a specially built-in safety mechanism. The unique structure of these products makes it possible to turn a modest loss in the underlying instrument into a modest gain.

yield-enhancement product
type: Class
subclass of: structured product
definition: structured product that provides a predefined yield in return for a downside risk
example: Well-known yield-enhancement products include reverse convertibles. They provide a predetermined yield per annum in return for the willingness of the investor to absorb downside risk of for example a stock, index, currency-pair or fund. Reverse convertibles come in a broad range of variations (with or without barrier, multiple underlyings and/or callability).

basis swap
type: Class
subclass of: rates swap
definition: swap in which payment streams are referenced to different bases
explanatory note: A basis swap can have two legs of the same tenor but different indices, e.g., 3 month LIBOR vs. 3 month TIBOR. The difference in this case is not driven by different interest rate periods but from different markets, i.e., the difference in efficiency between the two markets. The objective is to hedge against basis risk which is the difference in price between two markets. See also forward swap, as a means for controlling interest rate.

correlation leg
type: Class
subclass of: performance-based variable leg
subclass of: Restriction
  on property: is leg of
  some values from: correlation swap
definition: floating leg of a correlation swap that pays an amount based on the observed average correlation of the prices of a collection of underlying products

correlation swap
type: Class
subclass of: statistical swap
definition: over-the-counter statistical derivative that allows one to hedge risks associated with the observed average correlation of a collection of underlying products
explanatory note: Each product that can act as the underlier on which the correlation is based has periodically observable prices, such as a commodity, exchange rate, interest rate, or stock index. Correlation trading is a strategy in which the investor receives exposure to the average correlation of an index.

dispersion leg
type: Class
subclass of: performance-based variable leg
subclass of: Restriction
  on property: is leg of
  some values from: dispersion swap
definition: floating leg of a dispersion swap that pays an amount based on the realized dispersion of the price changes of the underlying product
explanatory note: Underlying assets may include, for example, exchange rates, interest rates, or the price of an index.
synonym: variance leg

dispersion swap
type: Class
subclass of: statistical swap
subclass of: Restriction
  on property: has leg
  on class: dispersion leg
  qualified cardinality: 1
definition: statistical derivative used to hedge on the magnitude of a price movement of an underlying asset
explanatory note: A variance swap is an instrument that allows investors to trade future realized (or historical) volatility against current implied volatility.
explanatory note: Some strategies involve selling a variance swap on an index and buying the variance swaps on the individual constituents; this particular kind of spread trade is called a variance dispersion trade.
synonym: variance swap

excess return swap
type: Class
subclass of: index return swap
definition: return swap in which the change in the level of the index will be equal to the returns generated primarily by the changes in price of each of the contracts that comprise the index
adapted from: ISDA Disclosure Annex for Commodity Derivative Transactions. See https://globalmarkets.bnpparibas.com/gm/features/docs/dfdisclosures/ISDA_Commodity_Derivatives_Disclosure_Annex_04_2013.pdf

fixed leg
type: Class
subclass of: swap leg
subclass of: Restriction
  on property: hasPaymentSchedule
  on class: PaymentSchedule
  min qualified cardinality: 0
disjoint with: floating leg
definition: swap leg whose paying party is obligated to make payments from time to time over the term of a swap calculated by reference to a fixed annual rate or consisting of at least one payment of a fixed amount
adapted from: 2006 ISDA Definitions
adapted from: ISDA Disclosure Annex for Commodity Derivative Transactions. See https://globalmarkets.bnpparibas.com/gm/features/docs/dfdisclosures/ISDA_Commodity_Derivatives_Disclosure_Annex_04_2013.pdf

fixed payment leg
type: Class
subclass of: swap leg
subclass of: Restriction
  on property: hasPaymentSchedule
  some values from: PaymentSchedule
definition: swap leg that specifies contractual terms associated with a schedule of payments for any swap calculated by reference to a fixed annual rate
synonym: fixed payment stream terms
synonym: funding leg
usage note: Payments may be fixed or variable, which is independent from the function of the leg (payments, return etc.). The schedule may be expressed in one of two ways: as an explicit schedule of dates or as a formula for determining payment dates in advance (taking into account for example roll rules for non working days).

floating leg
type: Class
subclass of: swap leg
subclass of: Restriction
  on property: hasPaymentSchedule
  on class: PaymentSchedule
  min qualified cardinality: 0
definition: swap leg whose paying party is obligated to make payments from time to time over the term of a swap calculated by reference to some variable rate, calculated based on the change in value of some underlying asset, or consisting of at least one payment of some floating amount
adapted from: 2006 ISDA Definitions
adapted from: ISDA Disclosure Annex for Commodity Derivative Transactions. See https://globalmarkets.bnpparibas.com/gm/features/docs/dfdisclosures/ISDA_Commodity_Derivatives_Disclosure_Annex_04_2013.pdf

index return swap
type: Class
subclass of: return swap
definition: return swap in which payments are based on a fee paid to the seller of the swap and on a floating reference price based on changes in the level of an index from an initial level to a level observed on some valuation date(s)
adapted from: ISDA Disclosure Annex for Commodity Derivative Transactions. See https://globalmarkets.bnpparibas.com/gm/features/docs/dfdisclosures/ISDA_Commodity_Derivatives_Disclosure_Annex_04_2013.pdf
explanatory note: Payments to the parties may be made either on a periodic basis or on termination of the transaction. One party will receive a payment based upon the change in the level of the index between two valuation dates (multiplied by the notional amount of the swap), as modified by the fee paid to the seller of the swap. If the level of the index increases, the buyer of the swap will be entitled to a payment based on this performance, as such payment may be reduced (or negated) by the fee paid to the seller of the swap. If the level of the index decreases, the seller of the swap will be entitled to a payment based on this performance, as such payment may be increased by the fee paid to the seller of the swap.

major swap participant
type: Class
subclass of: non-depository institution
definition: financial service provider that maintains a substantial position in swaps for any of the major swap categories
abbreviation: MSP
adapted from: http://www.cftc.gov/IndustryOversight/Intermediaries/index.htm
explanatory note: This excludes positions held for hedging or mitigating commercial risk and positions maintained by an employee benefit plan for the primary purpose of hedging or mitigating any risk directly associated with the operation of the plan.

performance-based variable leg
type: Class
subclass of: floating leg
subclass of: Restriction
  on property: is leg of
  some values from: statistical swap
definition: floating leg of a swap that depends on some statistical measure of the performance of the underlier

rate-based leg
type: Class
subclass of: swap leg
subclass of: Restriction
  on property: is leg of
  some values from: rates swap
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: EconomicIndicator
      union of: QuotedExchangeRate
      union of: MarketRate
      union of: BasketOfIndices
definition: swap leg of a rate-based swap based on a floating interest, floating inflation or fixed interest rate

rates swap
type: Class
subclass of: swap
subclass of: Restriction
  on property: has leg
  on class: rate-based leg
  qualified cardinality: 2
definition: swap in two counterparties each agree to pay the other cash flows on defined dates during an agreed period, based on a specified notional amount and a floating interest, floating inflation or fixed interest rate
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

realized variable leg
type: Class
subclass of: performance-based variable leg
definition: performance-based leg wherein the payment is netted at maturity rather than periodically
explanatory note: In this case there is a single payment at maturity/settlement and so there is no stream of cashflows either way. The other leg of these swaps is implied, and is simply the strike price.

return leg
type: Class
subclass of: floating leg
subclass of: Restriction
  on property: is leg of
  some values from: return swap
subclass of: Restriction
  on property: has underlier
  some values from: Class
    union of: TangibleAsset
    union of: Restriction
      on property: isPlayedBy
      some values from: ReferenceIndex
definition: leg of a swap in which the income generated by some underlier is paid
explanatory note: The return, including income from a tangible asset, the constituents of an index, or a notional/specified amount of some asset (e.g. number of shares, amount of a commodity, etc.), may be limited to the dividend or interest amounts on the underlying (simple return), or total return including capital gains and/or the appreciation or decrease in value of the asset (or index constituents).

return swap
type: Class
subclass of: swap
subclass of: Restriction
  on property: has funding leg
  some values from: fixed payment leg
subclass of: Restriction
  on property: has return leg
  some values from: return leg
definition: swap in which one leg, the return leg, is based on income generated from some underlier

simple return leg
type: Class
subclass of: return leg
definition: return leg based strictly on the income generated by the underlying asset, excluding appreciation, decrease in value, capital gains, and fees on any increase in value
explanatory note: Payments may include interest payments on a debt instrument or the dividends on an equity, for example.

statistical swap
type: Class
subclass of: swap
subclass of: Restriction
  on property: has leg
  on class: fixed leg
  min qualified cardinality: 0
subclass of: Restriction
  on property: has leg
  some values from: performance-based variable leg
definition: swap that depends on some statistical measure of the performance of the underlier

strike leg
type: Class
subclass of: fixed leg
definition: swap leg that specifies a fixed amount, 'the strike', quoted at the time of execution
explanatory note: The fixed amount may be with respect to some variable or a monetary amount. The realization of a strike leg is not a cashflow per se, but a netting out against the terms defined in the other leg of a statistical swap.

swap
type: Class
subclass of: derivative instrument
subclass of: Restriction
  on property: isIdentifiedBy
  on class: unique swap identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasContractParty
  some values from: swap party
subclass of: Restriction
  on property: hasContractualElement
  some values from: swap terms
subclass of: Restriction
  on property: exchanges
  some values from: swap leg
definition: derivative instrument whereby counterparties agree to exchange periodic streams of cash flows or liabilities from two different financial instruments with each other
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: The notional amount, effective date and termination date are some of the properties that each swap leg has that are taken from the swap contract.
explanatory note: The underlying instruments can be almost anything, representing various asset classes, but most swaps involve cash flows (streams of payments or other commitments over time) based on a notional principal amount that both parties agree to.
explanatory note: Usually, the principal does not change hands. Each cash flow comprises one leg of the swap. One cash flow is generally fixed, while the other is variable, that is, based on a a benchmark interest rate, floating currency exchange rate or index price.

swap confirmation
type: Class
subclass of: swap lifecycle event
subclass of: TransactionConfirmation
subclass of: Restriction
  on property: supersedes
  all values from: swap confirmation
subclass of: Restriction
  on property: hasContractParty
  some values from: swap party
definition: formal confirmation that codifies the terms and conditions specific to a lifecycle event with respect to the overall transaction between the parties

swap data repository
type: Class
subclass of: FinancialServiceProvider
definition: financial service provider that provides a central facility for swap data reporting and recordkeeping
abbreviation: SDR
adapted from: http://www.cftc.gov/IndustryOversight/DataRepositories/index.htm
explanatory note: Swap data repositories ('SDRs') are new entities created by the Dodd-Frank Wall Street Reform and Consumer Protection Act ('Dodd-Frank Act') in order to provide a central facility for swap data reporting and recordkeeping. Under the Dodd- Frank Act, all swaps, whether cleared or uncleared, are required to be reported to registered SDRs. The Dodd-Frank Act added new Section 21 to the Commodity Exchange Act ('CEA'), governing registration and regulation of SDRs and establishing registration requirements and core duties and responsibilities for SDRs.

swap dealer
type: Class
subclass of: non-depository institution
subclass of: Dealer
definition: non-depository institution such as one that deals in swaps, makes a market in swaps, regularly enters into swaps with counterparties as an ordinary course of business for its own account, and engages in any activity causing the person to be commonly known in the trade as a dealer/market maker in swaps
abbreviation: SD
adapted from: http://www.cftc.gov/IndustryOversight/Intermediaries/index.htm

swap leg
type: Class
subclass of: cashflow terms
subclass of: swap terms
subclass of: Class
  union of: Restriction
    on property: hasNotionalAmount
    on class: MonetaryAmount
    qualified cardinality: 1
  union of: Restriction
    on property: hasQuantityValue
    on class: ScalarQuantityValue
    qualified cardinality: 1
subclass of: Restriction
  on property: hasTerminationDate
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasBuyer
  on class: swap paying party
  qualified cardinality: 1
subclass of: Restriction
  on property: hasSeller
  on class: swap receiving party
  qualified cardinality: 1
subclass of: Restriction
  on property: is denominated in
  on class: Currency
  qualified cardinality: 1
subclass of: Restriction
  on property: hasEffectiveDate
  on class: Date
  qualified cardinality: 1
subclass of: Restriction
  on property: is leg of
  some values from: swap
definition: terms defining and the commitment to fulfill cashflow requirements (e.g., interest payments, coupon payments, etc.) for a component of a swap
explanatory note: A one-leg financing swap (also known as a single-leg financing swap) is a type of financial derivative, typically used by institutional investors or corporations, in which one party makes a series of fixed or floating payments to another party in exchange for a single upfront cash payment or financing.
explanatory note: A three-leg financial swap is a more complex type of swap agreement where three different payment streams (or 'legs') are involved, as opposed to the traditional two-leg swaps (like fixed-for-floating interest rate swaps). This structure can be useful for sophisticated risk management or hedging strategies, particularly when exposure to multiple interest rates or currencies is desired.
explanatory note: A two-leg financial swap is the most common type of swap agreement, where two counterparties exchange cash flows or obligations based on different financial variables. Each leg represents a stream of payments or flows tied to specific terms, such as fixed or floating interest rates, currencies, or commodities. The classic example of a two-leg swap is the interest rate swap, where one party pays a fixed interest rate while the other pays a floating interest rate.
explanatory note: For some swaps this may be a commitment to net up the difference between a strike and an outcome, rather than to make a series of cashflows over time. For credit default swaps there are conditional commitments, contingent on the occurrence of a credit event.
explanatory note: In most cases, a swap has two legs, one expressing the obligations of the seller and one expressing the obligations of the buyer. However, it is possible to represent more complex swaps, with one, three or more legs. The legs can be almost anything but usually one leg involves cash flows based on a notional principal amount that both parties agree to.

swap leg event
type: Class
subclass of: swap lifecycle event
subclass of: Restriction
  on property: appliesTo
  some values from: swap leg
definition: swap lifecycle event, such as a payment or rate reset event, that applies to one leg of a swap

swap lifecycle event
type: Class
subclass of: LifecycleEvent
subclass of: Restriction
  on property: isIdentifiedBy
  on class: swap lifecycle event identifier
  qualified cardinality: 1
subclass of: Restriction
  on property: has swap identifier
  on class: unique swap identifier
  qualified cardinality: 1
subclass of: Restriction
  on property: appliesTo
  some values from: swap
subclass of: Restriction
  on property: hasPartyRole
  some values from: swap party
definition: event that occurs during the lifecycle of a swap, where the overall set of events includes those specific to the issuer, front office, middle office, and/or back office processes

swap lifecycle event identifier
type: Class
subclass of: Identifier
subclass of: Restriction
  on property: identifies
  on class: swap lifecycle event
  qualified cardinality: 1
definition: identifier that uniquely identifies a specific event in the lifecycle of a swap

swap party
type: Class
subclass of: ContractParty
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: swap
definition: party to a swap and therefore a legal party to the contract that embodies that transaction

swap paying party
type: Class
subclass of: paying party
subclass of: swap party
definition: swap party responsible for making payments for a given leg of the transaction as defined in the contract

swap receiving party
type: Class
subclass of: receiving counterparty
subclass of: swap party
definition: swap party that receives payments for a given leg of the transaction as defined in the contract

swap terms
type: Class
subclass of: derivative terms
definition: legal contractual terms of a swap transaction

total return leg
type: Class
subclass of: return leg
definition: return leg based on the income generated by the underlying asset as well as any appreciation, decrease in value, capital gains, and fees on any increase in value
explanatory note: This is distinguished from the more general Return Leg by the addition of increase or decrease in the value of the underlying asset.

total return swap
type: Class
subclass of: credit derivative
subclass of: return swap
subclass of: Restriction
  on property: has return leg
  some values from: total return leg
definition: return swap where the seller agrees to pay the other party the difference in value of some underlying asset multiplied by an agreed-upon notional value should the asset value increase between specified periods of time
example: For example the parties may enter into a two year agreement where every three months they compare the value of the Barclays Capital Aggregate Bond Index to its value three months previously. If the agreed upon notional was US $10,000,000 and the value increased 0.04%, or 4 basis points (bps), the seller would pay the buyer US $4,000. If, after another three months, the value decreased by 3bps, the buyer would pay the seller US $3,000. As part of the agreement, the buyer may also make an additional payment each period to the seller based on a floating rate index multiplied by the notional value.
adapted from: CFTC Data Dictionary. See https://www.cftc.gov/MarketReports/SwapsReports/DataDictionary/index.htm
adapted from: ISDA Disclosure Annex for Commodity Derivative Transactions. See https://globalmarkets.bnpparibas.com/gm/features/docs/dfdisclosures/ISDA_Commodity_Derivatives_Disclosure_Annex_04_2013.pdf
explanatory note: In a total return swap that is index-based, the change in the level of the index will be equal to the returns generated by the change in price of each of the contracts that comprise the index plus a return based upon interest earned on any cash collateral posted upon the purchase of the contracts comprising the index.
explanatory note: In exchange, the other party, the buyer of the credit risk, agrees to pay the difference in value of the specified asset multiplied by the notional value should that value decrease between the same specified periods of time. Total return swaps often appear in asset classes other than the credit asset class; however, for the purpose of the CFTC Swaps Report, all total return swaps are counted only in the credit asset class.

unique swap identifier
type: Class
subclass of: financial instrument identifier
subclass of: Restriction
  on property: identifies
  on class: swap
  qualified cardinality: 1
definition: identifier for a swap that is used in recordkeeping and swap data reporting
abbreviation: USI
adapted from: CFTC Data Management Branch 'Unique Swap Identifier (USI) Data Standard', October 1, 2012, usidatastandards100112.pdf

has funding leg
type: ObjectProperty
sub property of: has leg
domain: return swap
definition: indicates the leg of a return swap that specifies a set payment rate, typically benchmark based but possibly a fixed rate

has leg
type: ObjectProperty
sub property of: hasContractualElement
domain: swap
range: swap leg
definition: relates a swap contract to a leg that is part of that swap

has return leg
type: ObjectProperty
sub property of: has leg
domain: return swap
range: return leg
definition: indicates the leg of a return swap whose payments are based on the return of an underlying asset

has swap identifier
type: ObjectProperty
sub property of: refersTo
range: financial instrument identifier
definition: relates a swap lifecycle event to the identifier for the swap

is leg of
type: ObjectProperty
sub property of: isIncludedIn
domain: swap leg
range: swap
inverse of: has leg
definition: relates a swap leg to the to the swap that includes it

BSDR LLC business entity identifier
type: NamedIndividual
type: registration identifier
definition: Delaware Division of Corporations business entity identifier for BSDR LLC
has tag: 5202500
identifies: BSDR LLC US-DE
is registered by: DelawareCorporationsRegulator
is registered in: DelawareBusinessEntitiesRegistry

BSDR date established
type: NamedIndividual
type: Date
definition: date that BSDR LLC was established
has date value: 2012-08-22

BSDR LLC headquarters address
type: NamedIndividual
type: PhysicalAddress
definition: headquarters address for BSDR LLC
has address line1: 731 Lexington Avenue
has postal code: 10022
has country: UnitedStatesOfAmerica
has municipality: New York
has subdivision: NewYork

BSDR LLC US-DE
type: NamedIndividual
type: private company with limited liability
definition: BSDR LLC legal entity that is a Delaware Limited Liability Company
has headquarters address: BSDR LLC headquarters address
has domestic ultimate parent: BloombergLP
has date established: BSDR date established
has legal name: BSDR LLC
is identified by: BSDR LLC business entity identifier

Bloomberg SDR
type: NamedIndividual
type: swap data repository
definition: BSDR swap data repository
abbreviation: BSDR
is registered by: CommoditiesFuturesAndDerivativesRegulator
is played by: BSDR LLC US-DE

Chicago Mercantile Exchange
type: NamedIndividual
type: swap data repository
type: self-regulating organization
type: designated contract market
definition: Chicago Mercantile Exchange, established in 1848 as the world's first futures exchange based in Chicago
abbreviation: CME
is registered by: CommoditiesFuturesAndDerivativesRegulator
is played by: Chicago Mercantile Exchange, Inc. US-DE

Chicago Mercantile Exchange (CME) business entity identifier
type: NamedIndividual
type: registration identifier
definition: Delaware Division of Corporations business entity identifier for Chicago Mercantile Exchange, Inc.
has tag: 3151025
identifies: Chicago Mercantile Exchange, Inc. US-DE
is registered by: DelawareCorporationsRegulator
is registered in: DelawareBusinessEntitiesRegistry

Chicago Mercantile Exchange (CME) date established
type: NamedIndividual
type: Date
definition: date that Chicago Mercantile Exchange (CME) was established as a Delaware Corporation
has date value: 1999-12-30

Chicago Mercantile Exchange (CME) headquarters address
type: NamedIndividual
type: PhysicalAddress
definition: headquarters address for Chicago Mercantile Exchange (CME)
has address line1: 20 South Wacker Drive
has postal code: 60606
has country: UnitedStatesOfAmerica
has municipality: Chicago
has subdivision: Illinois

Chicago Mercantile Exchange, Inc. US-DE
type: NamedIndividual
type: stock corporation
definition: Chicago Mercantile Exchange legal entity that is a Delaware Corporation
has headquarters address: Chicago Mercantile Exchange (CME) headquarters address
has date established: Chicago Mercantile Exchange (CME) date established
has legal name: Chicago Mercantile Exchange, Inc.
is identified by: Chicago Mercantile Exchange (CME) business entity identifier

DTCC Data Repository
type: NamedIndividual
type: swap data repository
definition: DTCC Data Repository
abbreviation: DDR
is registered by: CommoditiesFuturesAndDerivativesRegulator
is played by: DTCC Data Repository (U.S) LLC US-NY

business entity identifier for DTCC Data Repository (U.S) LLC
type: NamedIndividual
type: registration identifier
definition: New York State Division of Corporations business entity identifier for DTCC Data Repository (U.S.) LLC
has tag: 4156912
identifies: DTCC Data Repository (U.S) LLC US-NY
is registered by: NewYorkCorporationsRegulator
is registered in: NewYorkBusinessEntitiesRegistry

DTCC Data Repository (U.S) LLC date established
type: NamedIndividual
type: Date
definition: date that DTCC Data Repository (U.S) LLC was established
has date value: 2011-10-24

DTCC Data Repository (U.S) LLC headquarters address
type: NamedIndividual
type: PhysicalAddress
definition: headquarters address for DTCC Data Repository (U.S) LLC
has address line1: 55 Water Street
has postal code: 10041
has country: UnitedStatesOfAmerica
has municipality: New York
has subdivision: NewYork

DTCC Data Repository (U.S) LLC US-NY
type: NamedIndividual
type: private company with limited liability
definition: DTCC Data Repository (U.S) LLC legal entity that is a New York Limited Liability Company
has headquarters address: DTCC Data Repository (U.S) LLC headquarters address
has domestic ultimate parent: DepositoryTrustAndClearingCorporation
has date established: DTCC Data Repository (U.S) LLC date established
has legal name: DTCC Data Repository (U.S) LLC
is identified by: business entity identifier for DTCC Data Repository (U.S) LLC

ICE Trade Vault
type: NamedIndividual
type: swap data repository
definition: ICE Trade Vault
is registered by: CommoditiesFuturesAndDerivativesRegulator
is played by: ICE Trade Vault, LLC US-DE

ICE Trade Vault, LLC US-DE
type: NamedIndividual
type: private company with limited liability
definition: ICE Trade Vault, LLC legal entity that is a Delaware Limited Liability Company
has headquarters address: ICE Trade Vault, LLC headquarters address
has domestic ultimate parent: IntercontinentalExchange
has date established: ICE Trade Vault, LLC date established
has legal name: ICE Trade Vault, LLC
is identified by: business entity identifier for ICE Trade Vault, LLC

business entity identifier for ICE Trade Vault, LLC
type: NamedIndividual
type: registration identifier
definition: Delaware Division of Corporations business entity identifier for ICE Trade Vault, LLC
has tag: 4960384
identifies: ICE Trade Vault, LLC US-DE
is registered by: DelawareCorporationsRegulator
is registered in: DelawareBusinessEntitiesRegistry

ICE Trade Vault, LLC date established
type: NamedIndividual
type: Date
definition: date that ICE Trade Vault, LLC was established
has date value: 2011-03-28

ICE Trade Vault, LLC headquarters address
type: NamedIndividual
type: PhysicalAddress
definition: headquarters address for ICE Trade Vault, LLC
has address line1: 5660 New Northside Drive
has postal code: 30328
has country: UnitedStatesOfAmerica
has municipality: Atlanta
has subdivision: Georgia

contract IY7VKEUR45886
type: NamedIndividual
type: fixed float single currency interest rate swap
definition: contract IY7VKEUR45886 that is a fixed/float, single currency interest rate swap
has contract party: swap contract party A
has contract party: swap contract party ZZZWWK96TRQY0F2IY7VK
exchanges: contract leg 1 IY7VKEUR45886
exchanges: contract leg 2 IY7VKEUR45886
is included in: portfolio Alpha
is identified by: ZZ216659451
is identified by: IY7VKEUR45886

contract leg 1 IY7VKEUR45886
type: NamedIndividual
type: fixed interest rate leg
definition: contract IY7VKEUR45886 swap leg 1 that is a fixed interest rate leg
has interest rate: contract leg 1 IY7VKEUR45886 fixed interest rate
has buyer: swap contract party ZZZWWK96TRQY0F2IY7VK
has seller: swap contract party A
is mandated by: contract IY7VKEUR45886
explanatory note: Need to create the 1st period fixing date, payment days offset, discount notional amount, average remaining notional currency, net present value currency (pair, of type monetary amount)

contract leg 1 IY7VKEUR45886 effective date
type: NamedIndividual
type: ExplicitDate
has date value: 2015-12-12

contract leg 1 interest payment terms IY7VKEUR45886
type: NamedIndividual
type: interest payment terms
definition: interest payment terms for contract IY7VKEUR45886 swap leg 1 that is a fixed interest rate leg
has accrual basis: day-count convention 30E/360
has interest payment frequency: OneYear
has interest rate: contract leg 1 IY7VKEUR45886 fixed interest rate
has business day convention: European Central Bank business day adjustment

contract leg 1 IY7VKEUR45886 fixed interest rate
type: NamedIndividual
type: fixed interest rate
has rate value: 1.0579

contract leg 1 IY7VKEUR45886 notional amount
type: NamedIndividual
type: MonetaryAmount
has amount: 1286805
has currency: Euro

contract leg 1 IY7VKEUR45886 termination date
type: NamedIndividual
type: ExplicitDate
has date value: 2025-08-17

contract leg 2 IY7VKEUR45886
type: NamedIndividual
type: floating interest rate leg
definition: contract IY7VKEUR45886 swap leg 2 that is a floating interest rate leg
has interest rate: contract leg 2 IY7VKEUR45886 floating interest rate
has buyer: swap contract party A
has seller: swap contract party ZZZWWK96TRQY0F2IY7VK
is mandated by: contract IY7VKEUR45886
explanatory note: Need to create the interest rate reset schedule or add a simple payment frequency, need a separate property for reference interest rate, need rate tenor

contract leg 2 IY7VKEUR45886 effective date
type: NamedIndividual
type: ExplicitDate
has date value: 2015-12-12

contract leg 2 interest payment terms IY7VKEUR45886
type: NamedIndividual
type: interest payment terms
definition: interest payment terms for contract IY7VKEUR45886 swap leg 2 that is a floating interest rate leg
has accrual basis: day-count convention 30E/360
has interest payment frequency: SixMonths
has interest rate: contract leg 2 IY7VKEUR45886 floating interest rate
has business day convention: European Central Bank business day adjustment

contract leg 2 IY7VKEUR45886 floating interest rate
type: NamedIndividual
type: floating interest rate
has rate value: 0.309

contract leg 2 IY7VKEUR45886 notional amount
type: NamedIndividual
type: MonetaryAmount
has amount: 1286805
has currency: Euro

contract leg 2 IY7VKEUR45886 termination date
type: NamedIndividual
type: ExplicitDate
has date value: 2025-08-17

European Central Bank business day adjustment
type: NamedIndividual
type: BusinessDayConvention
definition: business day adjustment for the ECB
has business day convention: BusinessDayModifiedFollowing
has business center: Frankfurt

ZZ216659451
type: NamedIndividual
type: InternationalSecuritiesIdentificationNumber
definition: ISIN for sample swap contract IY7VKEUR45886
has tag: ZZ216659451
identifies: contract IY7VKEUR45886

IY7VKEUR45886
type: NamedIndividual
type: unique swap identifier
definition: unique swap identifier for sample swap contract IY7VKEUR45886
has tag: IY7VKEUR45886
identifies: contract IY7VKEUR45886

portfolio Alpha
type: NamedIndividual
type: Portfolio
definition: sample contract portfolio Alpha

portfolio Beta
type: NamedIndividual
type: Portfolio
definition: sample contract portfolio Beta

portfolio Delta
type: NamedIndividual
type: Portfolio
definition: sample contract portfolio Delta

portfolio Gamma
type: NamedIndividual
type: Portfolio
definition: sample contract portfolio Gamma

securities transaction IY7VKEUR45886
type: NamedIndividual
type: securities transaction
definition: securities transaction for contract IY7VKEUR45886
is facilitated by: trader J. Adams
explanatory note: Need to create the trade event - this is the activity (maybe we should rename these now? in FND to activity and event?) and add lifecycle elements - date and time, status of the trade and settlement status
applies to: contract IY7VKEUR45886

swap contract party A
type: NamedIndividual
type: swap party
definition: swap contract party A for all of the sample contracts in the sample swap data

swap contract party ZZZWWK96TRQY0F2IY7VK
type: NamedIndividual
type: swap party
type: Counterparty
definition: swap contract party ZZZWWK96TRQY0F2IY7VK

trader J. Adams
type: NamedIndividual
type: Trader

cross-currency interest rate swap
type: Class
subclass of: interest rate swap
subclass of: Restriction
  on property: specifies
  on class: Currency
  qualified cardinality: 2
definition: interest rate swap in which the two streams of interest payments are in different currencies

fixed fixed interest rate swap
type: Class
subclass of: interest rate swap
subclass of: Restriction
  on property: exchanges
  on class: fixed interest rate leg
  qualified cardinality: 2
definition: interest rate swap in which both parties pay a fixed interest rate that they could not otherwise obtain outside of a swap arrangement
example: For example, each counterparty uses a different native currency, but wants to borrow money in the other counterparty's native currency.
note: Fixed-fixed swaps generally take the form of either a zero coupon swap or a cross-currency swap.
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.
synonym: fixed-fixed interest rate swap

fixed float cross-currency interest rate swap
type: Class
subclass of: cross-currency interest rate swap
subclass of: fixed float interest rate swap
equivalent class: Class
  intersection of: cross-currency interest rate swap
  intersection of: fixed float interest rate swap
definition: interest rate swap in which fixed interest payments on the notional are exchanged for floating interest payments and the two streams of interest payments are in different currencies
synonym: fixed float cross currency interest rate swap
synonym: fixed-float cross-currency interest rate swap

fixed float interest rate swap
type: Class
subclass of: interest rate swap
subclass of: Class
  intersection of: Restriction
    on property: exchanges
    some values from: fixed interest rate leg
  intersection of: Restriction
    on property: exchanges
    some values from: floating interest rate leg
equivalent class: Class
  intersection of: interest rate swap
  intersection of: Restriction
    on property: has leg
    some values from: fixed interest rate leg
  intersection of: Restriction
    on property: has leg
    some values from: floating interest rate leg
definition: interest rate swap in which fixed interest payments on the notional are exchanged for floating interest payments
synonym: fixed-float interest rate swap

fixed float single currency interest rate swap
type: Class
subclass of: fixed float interest rate swap
equivalent class: Class
  intersection of: fixed float interest rate swap
  intersection of: single currency interest rate swap
definition: interest rate swap in which fixed interest payments on the notional are exchanged for floating interest payments and where both payment streams are expressed in terms of the same currency
synonym: fixed-float single-currency interest rate swap

fixed interest rate leg
type: Class
subclass of: fixed leg
subclass of: interest rate swap leg
disjoint with: floating interest rate leg
equivalent class: Class
  intersection of: interest rate swap leg
  intersection of: Restriction
    on property: has interest rate
    some values from: fixed interest rate
definition: fixed leg that specifies fixed interest amounts and terms for the payment of that interest
explanatory note: This may be the funding leg of some swaps (i.e. one party agrees to pay fixed interest amounts in exchange for whatever is the other leg) or it may be one or both sides of an interest rate swap, where the two parties exchange different interest payment streams.
synonym: fixed interest rate payment stream

float float cross-currency interest rate swap
type: Class
subclass of: float float interest rate swap
equivalent class: Class
  intersection of: cross-currency interest rate swap
  intersection of: float float interest rate swap
definition: interest rate swap that exchanges cashflows based on two different interest rates in different currencies
synonym: float-float cross-currency interest rate swap

float float interest rate swap
type: Class
subclass of: basis swap
subclass of: interest rate swap
subclass of: Restriction
  on property: exchanges
  on class: floating interest rate leg
  qualified cardinality: 2
equivalent class: Class
  intersection of: interest rate swap
  intersection of: Restriction
    on property: has leg
    on class: floating interest rate leg
    qualified cardinality: 2
definition: interest rate swap that exchanges cashflows based on two different floating interest rates
adapted from: http://www.investopedia.com/terms/b/basisrateswap.asp
explanatory note: This is a swap in which two parties swap variable interest rates based on different money markets, and this is usually done to limit interest-rate risk that a company faces as a result of having differing lending and borrowing rates.
synonym: basis rate swap
synonym: float-float interest rate swap

float float single currency interest rate swap
type: Class
subclass of: float float interest rate swap
equivalent class: Class
  intersection of: float float interest rate swap
  intersection of: single currency interest rate swap
definition: interest rate swap that exchanges cashflows based on two different floating interest rates in the same currency
synonym: float-float single-currency interest rate swap

floating interest rate leg
type: Class
subclass of: floating leg
subclass of: interest rate swap leg
subclass of: Restriction
  on property: hasSchedule
  on class: interest calculation schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: specifies
  on class: interest rate reset
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasSchedule
  on class: interest rate reset schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: specifies
  on class: interest rate setting event
  min qualified cardinality: 0
equivalent class: Class
  intersection of: interest rate swap leg
  intersection of: Restriction
    on property: has interest rate
    some values from: floating interest rate
definition: floating leg in which variable interest is paid on some notional amount, linked to some underlying interest reference rate
explanatory note: Instead of an absolute rate you have either a variable reference rate or fixed reference rate and an offset that varies in some way, called a spread (same as margin in floating rate notes).
synonym: floating interest rate swap stream

inflation leg
type: Class
subclass of: floating leg
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: EconomicIndicator
definition: floating rate leg of an inflation swap linked to an inflation index, such as the Consumer Price Index (CPI)

inflation swap
type: Class
subclass of: rate-based derivative
subclass of: rates swap
subclass of: Restriction
  on property: isLinkedToFallback
  on class: GovernmentBond
  max qualified cardinality: 1
subclass of: Restriction
  on property: has leg
  some values from: inflation leg
definition: rate swap in which one party pays an amount calculated using an inflation rate index, and the other party pays an amount calculated using another inflation rate index, or a fixed or floating interest rate
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

interest rate swap
type: Class
subclass of: interest rate derivative
subclass of: rates swap
subclass of: Restriction
  on property: exchanges
  on class: interest rate swap leg
  qualified cardinality: 2
equivalent class: Class
  intersection of: swap
  intersection of: Restriction
    on property: has leg
    on class: interest rate swap leg
    qualified cardinality: 2
definition: swap in which the reference (underlier) for at least one leg is an interest rate

interest rate swap leg
type: Class
subclass of: rate-based leg
subclass of: Restriction
  on property: hasSchedule
  on class: notional step schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasBusinessRecurrenceIntervalConvention
  on class: day-count convention
  min qualified cardinality: 0
subclass of: Restriction
  on property: specifies
  on class: interest calculation schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasPaymentSchedule
  on class: interest payment schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: specifies
  on class: Currency
  qualified cardinality: 1
equivalent class: Class
  intersection of: rate-based leg
  intersection of: Restriction
    on property: has interest rate
    some values from: InterestRate
definition: swap leg that has an interest rate payment stream, including both a parametric and cashflow representation for the stream of payments
synonym: interest rate swap stream

notional step amount
type: Class
subclass of: ScalarQuantityValue
subclass of: Restriction
  on property: hasNotionalAmount
  some values from: Class
    union of: MonetaryAmount
    union of: PercentageMonetaryAmount
definition: the amount of money that is subtracted from the notional on each step date
explanatory note: Note that this is an actual concrete sum of money, which may be specified either as a monetary amount (e.g. dollars and cents) or as a percentage of either the original notional amount or the previous notional amount.

notional step change event
type: Class
subclass of: ContractLifecycleEventOccurrence
subclass of: StepEvent
subclass of: Restriction
  on property: specifies
  some values from: notional step amount
definition: event in which a step change in the notional amount for a given swap leg occurs
explanatory note: The frequency / period length of the steps in the step schedule is a multiple of the calculation period or frequency. For example, if the notional is recalculated on every calculation date, applying a new interest rate to the new notional amount, then the two frequencies are the same. If notional is updated every second calculation period, then the step schedule specifies periods that are twice as long, and so on.

notional step period length
type: Class
subclass of: RecurrenceInterval
definition: recurrence interval indicating the frequency with which step changes occur, which is a multiple of the calculation period in the calculation schedule

notional step schedule
type: Class
subclass of: projected contract event schedule
subclass of: StepSchedule
subclass of: Restriction
  on property: hasRecurrenceInterval
  some values from: notional step period length
subclass of: Restriction
  on property: hasOccurrence
  some values from: notional step change event
definition: schedule of changes in the notional amount on which interest is paid, comprising the regular sequence of step events

overnight index swap
type: Class
subclass of: interest rate swap
subclass of: Restriction
  on property: has leg
  some values from: overnight rate index leg
definition: swap in which the periodic payments for one leg are based on an overnight interest rate index multiplied by the same notional amount upon which payments for the other leg of the swap are based
abbreviation: OIS swap
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: The interest of the overnight rate portion of the swap is compounded and paid at reset dates. The present value for the leg is determined by either compounding of the overnight rate or by taking the geometric average of the rate over a given period.

overnight rate index leg
type: Class
subclass of: floating interest rate leg
equivalent class: Restriction
  on property: has interest rate
  some values from: OvernightRate
definition: floating leg in which periodic payments are based on an overnight interest rate index multiplied by the same notional amount on which the payments for the other leg of the swap are based
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

plain vanilla interest rate swap
type: Class
subclass of: fixed float single currency interest rate swap
subclass of: Restriction
  on property: hasNotionalAmount
  on class: MonetaryAmount
  qualified cardinality: 1
subclass of: Restriction
  on property: has leg
  some values from: Restriction
    on property: specifies
    on class: notional step change event
    max qualified cardinality: 0
subclass of: Restriction
  on property: has leg
  some values from: Restriction
    on property: hasSchedule
    on class: notional step schedule
    max qualified cardinality: 0
definition: fixed-float single currency interest rate swap in which interest payments are netted, the notional principal does not change, and there are no embedded options

single currency interest rate swap
type: Class
subclass of: interest rate swap
subclass of: Restriction
  on property: specifies
  on class: Currency
  qualified cardinality: 1
definition: interest rate swap in which the two streams of interest payments are in the same currency

zero coupon interest rate swap
type: Class
subclass of: interest rate swap
subclass of: Restriction
  on property: hasNotionalAmount
  on class: MonetaryAmount
  qualified cardinality: 1
definition: interest rate swap in which the fixed rate cash flows are compounded and paid once on the expiration date, rather than periodically; the payments on the other side (which can be based on a floating interest rate or a fixed rate) follow typical swap payment schedules
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

has first notional step date
type: ObjectProperty
sub property of: hasStartDate
range: ExplicitDate
definition: indicates the initial date in a notional step schedule

has floating rate cap
type: ObjectProperty
sub property of: has interest rate
range: floating interest rate
definition: indicates an optional ceiling (cap) on interest rates on floating rate debts
explanatory note: Rate caps can be viewed as insurance, ensuring that the maximum borrowing rate never exceeds the specified cap level.

has floating rate floor
type: ObjectProperty
sub property of: has interest rate
range: floating interest rate
definition: indicates an optional lower bound on interest rates on floating rate debts

has floating rate spread
type: DatatypeProperty
range: decimal
definition: defines the spread rate that can optionally be used to adjust the floating rate
explanatory note: Such adjustments may be added to or subtracted from the floating rate.

has last notional step date
type: ObjectProperty
sub property of: hasEndDate
range: ExplicitDate
definition: indicates the final date in a notional step schedule

has rate multiplier
type: DatatypeProperty
range: decimal
definition: indicates a multiplier applied to the coupon before adding the floating rate spread

EconomicRateBasedDerivativeInstrument
type: Class
deprecated: true

EconomicRateObservable
type: Class
deprecated: true
equivalent class: underlier

ForeignExchangeRateObservable
type: Class
deprecated: true
equivalent class: underlier

ForwardRateAgreement
type: Class
deprecated: true

InterestRateDerivativeInstrument
type: Class
deprecated: true

InterestRateObservable
type: Class
deprecated: true
equivalent class: underlier

RateBasedDerivativeInstrument
type: Class
deprecated: true

RateBasedObservable
type: Class
deprecated: true
equivalent class: underlier

dispersion swap index constituents leg
type: Class
subclass of: dispersion leg
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: BasketOfEquities
definition: dispersion leg whose underlier is a defined set of constituents of a given equity index

dispersion swap index leg
type: Class
subclass of: dispersion leg
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: ReferenceIndex
definition: dispersion leg whose underlier is an equity index

dividend leg
type: Class
subclass of: simple return leg
subclass of: Restriction
  on property: hasContractualElement
  on class: special dividend leg terms
  min qualified cardinality: 0
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: equity instrument
      union of: BasketOfEquities
      union of: EquityIndex
subclass of: Restriction
  on property: hasDatePeriod
  some values from: qualifying dividend period
definition: floating leg of a dividend swap
usage note: Note that both dividend swaps and some statistical swaps can be based on a dividend stream/leg.

dividend swap
type: Class
subclass of: equity swap
subclass of: Restriction
  on property: has leg
  some values from: dividend leg
definition: equity swap that has at least one leg whose underlier is a dividend stream
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: Dividend swaps include those that are fixed-term contracts between two parties where one party makes an interest rate payment for each interval and the other party pays the total dividends received as pay-out by a selected underlying asset.

equity correlation swap
type: Class
subclass of: correlation swap
subclass of: equity swap
definition: correlation swap that allows one to hedge risks associated with the observed average correlation of a collection of underlying equity products
explanatory note: The underlier for the leg can be any of (1) dividend stream for a single stock, (2) change in value for a single share, (3) change in value for a basket of shares, (4) change in value for an index, (5) value of a dividend stream for a basket of shares, or (6) comparison of the change in value of a given share or basket or index against something else - for example, a single share against an index, which is the thing you are cross-correlating with the volatility of the share.

equity price return swap
type: Class
subclass of: return swap
subclass of: equity swap
subclass of: Restriction
  on property: has return leg
  some values from: equity return leg
definition: return swap whose return leg underlier is based on equities
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: A price return equity swap is similar to a total return swap, except that dividends are not passed through to the buyer).

equity return leg
type: Class
subclass of: return leg
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: equity instrument
      union of: BasketOfEquities
      union of: EquityIndex
definition: return leg whose income is based on equities

equity swap
type: Class
subclass of: swap
subclass of: equity derivative
definition: swap whose payments are linked to the change in value of underlying equities (e.g. shares, basket of equities or index) or their cashflow(s)
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: Equity swaps can be physically or cash settled.

equity total return swap
type: Class
subclass of: total return swap
subclass of: equity swap
subclass of: Restriction
  on property: has return leg
  some values from: Class
    intersection of: total return leg
    intersection of: equity return leg
definition: total return swap whose return leg underlier is based on equities
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15

equity variance swap
type: Class
subclass of: dispersion swap
subclass of: equity swap
definition: dispersion swap in which the parties agree to exchange payments based on the difference between (i) the realized variance of the price changes of a specified equity underlier over a stated observation period and (ii) a fixed amount of variance that is agreed when the contract is executed
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: An equity variance swap is a forward swap that uses the variance (being the volatility squared) of an underlying's price movement over a period as the basis for the payoff calculation.

equity volatility swap
type: Class
subclass of: dispersion swap
subclass of: equity swap
definition: dispersion swap that is a forward contract on the variability of movements in the price of its underlying equities
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fifth edition, 2021-06-15
explanatory note: An equity volatility swap is a measure of the amount by which an asset's price is expected to fluctuate over a given period of time; it is normally measured by the annual standard deviation of daily price changes.

qualifying dividend period
type: Class
subclass of: ExplicitDatePeriod
definition: date period over which the sum of all qualifying dividends paid by the relevant issuers as identified in the swap terms is calculated

special dividend leg terms
type: Class
subclass of: cashflow terms
definition: terms that are invoked if special dividend and memorial dividends are applicable

basket of debt instruments
type: Class
subclass of: BasketOfSecurities
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: comprises
    all values from: debt instrument
definition: basket of securities whose constituents are debt instruments

capitalized lease obligation debt basket
type: Class
subclass of: basket of debt instruments
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: comprises
    all values from: lease
definition: basket of debt instruments whose constituents are contracts entitling a renter the temporary use of an asset and, in accounting terms, has asset ownership characteristics
explanatory note: A capitalized lease obligation basket is increasingly broadly drafted to include indebtedness incurred to finance the purchase, improvement, repair, renewal etc. of property (including the purchase of stock of a person owning such property).

contribution debt basket
type: Class
subclass of: basket of debt instruments
definition: basket of debt instruments that allows a company to incur an amount of indebtedness that is equal to (or in top tier sponsor transactions in the U.S., up to two times) the amount of equity contributed to the group
explanatory note: A non-guarantor debt basket is often also permitted to be secured by assets of a subsidiary other than the issuer/borrower or guarantors.
explanatory note: In U.S. law, a non-guarantor debt basket is a shared basket in an amount not to exceed the greater of $150,000,000 and 20% of Consolidated EBITDA for the most recently ended Test Period at any time outstanding that may be used for (A) the incurrence of certain Indebtedness by Restricted Subsidiaries that are not Loan Parties under Sections 6.01(a)(xii), 6.01(a)(xix) and 6.01(a)(xx) and (B) Secured Cash Management Obligations of any Restricted Subsidiary that is not a Loan Party.

credit facility debt basket
type: Class
subclass of: basket of debt instruments
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: comprises
    all values from: credit facility
definition: basket of securities whose constituents are credit agreements that allow the borrower to periodically take out money over an extended period of time rather than reapplying for a loan every time they need funds
explanatory note: The credit facility debt basket consists of a number of credit facilities including revolving loans/line of credit, committed facilities, letters of credit and most retail credit accounts. The first port of call for issuers is the credit facility debt basket. In addition to the fixed dollar (or euro) amounts, credit facility debt baskets in senior secured notes and indentures typically provide for a grower component that is the greater of the fixed dollar/euro amount and a percentage of total assets, total tangible assets or EBITDA.

debt instrument derivative
type: Class
subclass of: security-based derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: basket of debt instruments
      union of: BasketOfCreditRisks
      union of: CreditIndex
      union of: TradableDebtInstrument
definition: security-based derivative whose underlier is a debt observable

DebtObservable
type: Class
deprecated: true
equivalent class: underlier

equity derivative
type: Class
subclass of: security-based derivative
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: equity instrument
      union of: BasketOfEquities
      union of: EquityIndex
definition: security-based derivative whose underlier is based on equities (e.g. shares, basket of equities or index) or their cashflow(s)

EquityObservable
type: Class
deprecated: true
equivalent class: underlier

general debt basket
type: Class
subclass of: basket of debt instruments
definition: basket of debt instruments that provides additional capacity for potential funding and does not require the proceeds to be used for any particular purpose
explanatory note: The general debt basket has increasingly become a basket for additional secured debt. Lenders providing funding to companies need to carefully consider whether any previous debt incurred by the company using this basket has reduced the available capacity.

incremental facility debt basket
type: Class
subclass of: credit facility debt basket
definition: basket of credit facilities whose constituents are extensible, allowing companies to borrow an additional term loan or revolving credit facility (or increase the commitments applicable thereto) under the same credit agreement subject to certain parameters
explanatory note: The incremental debt basket is available to borrowers and guarantors only; it cannot be used by non-guarantor entities to raise indebtedness. The size of the incremental debt basket varies depending on the size and creditworthiness of the credit group. The principle of a basket consists of allowing the borrower, up to a maximum determined amount, to make restricted payments, disposals or investments, or take on incremental debt. Commonly, a basket is expressed as subject to restrictions based on a fixed ('hard cap') amount (e.g., may not exceed EUR 5,000,000).
synonym: builder basket

local lines of credit debt basket
type: Class
subclass of: basket of debt instruments
subclass of: Restriction
  on property: hasMember
  some values from: Restriction
    on property: comprises
    all values from: revolving line of credit
definition: basket of debt instruments that may be relevant for companies with international operations, often permitting debt to be incurred by a non-guarantor restricted subsidiary

non-guarantor debt basket
type: Class
subclass of: basket of debt instruments
definition: basket of debt instruments that include a provision allowing certain subsidiaries within a corporate group, which are not part of the loan guarantee, to incur a specified amount of indebtedness
explanatory note: A non-guarantor debt basket is often also permitted to be secured by assets of a subsidiary other than the issuer/borrower or guarantors.
explanatory note: In U.S. law, a non-guarantor debt basket is a shared basket in an amount not to exceed the greater of $150,000,000 and 20% of Consolidated EBITDA for the most recently ended Test Period at any time outstanding that may be used for (A) the incurrence of certain Indebtedness by Restricted Subsidiaries that are not Loan Parties under Sections 6.01(a)(xii), 6.01(a)(xix) and 6.01(a)(xx) and (B) Secured Cash Management Obligations of any Restricted Subsidiary that is not a Loan Party.

ratio debt basket
type: Class
subclass of: basket of debt instruments
definition: basket of debt instruments whose constituents are specified based on a leverage ratio based on total debt rather than only secured debt
explanatory note: The ratio basket provides different ratio tests depending on the type of indebtedness being incurred (for example, first lien leverage ratio in respect of first lien indebtedness, senior secured leverage ratio in respect of indebtedness secured by a junior lien and a total net leverage ratio or interest coverage ratio in respect of unsecured indebtedness). A ratio basket would typically allow the borrower to incur debt secured on a senior secured basis subject to a maximum senior secured leverage ratio and unsecured debt subject to a maximum total leverage ratio.

security-based derivative
type: Class
subclass of: derivative instrument
subclass of: Restriction
  on property: has underlier
  some values from: Restriction
    on property: isPlayedBy
    some values from: Class
      union of: security
      union of: ReferenceIndex
      union of: BasketOfSecurities
definition: derivative instrument whose underlier is based on a security, including collections of securities and indices based on securities

SecurityUnderlier
type: Class
deprecated: true
equivalent class: underlier

bankruptcy
type: Class
subclass of: entity-specific credit event
definition: credit event involving a change in state or condition in which a party becomes insolvent
adapted from: Barron's Dictionary of Banking Terms, Sixth Edition, 2012
adapted from: https://thelawdictionary.org/bankruptcy/

credit event
type: Class
subclass of: Occurrence
definition: event signifying a sudden change in credit standing, such as bankruptcy or a violation of a bond indenture or loan agreement, that raises doubts about the party's ability to meet current or future obligations

cross default provision
type: Class
subclass of: ConditionPrecedent
subclass of: Restriction
  on property: has default threshold amount
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: appliesTo
  some values from: credit agreement
definition: contract provision that triggers a default under one contract if the borrower defaults on another related obligation
explanatory note: Cross default provisions are commonly found in loans, bond indentures, syndicated loans, and other instruments such as certain master agreements (e.g., derivatives transactions master agreements).

default event
type: Class
subclass of: obligation-specific credit event
subclass of: Restriction
  on property: exemplifies
  on class: BreachOfCovenant
  min qualified cardinality: 0
definition: credit event representing a failure to meet a contractual obligation, such as failure to repay a debt including interest or principal on a loan or security
explanatory note: A default can occur when a borrower is unable to make timely payments, misses payments, or avoids or stops making payments, typically with respect to a single transaction. A default has adverse effects on the borrower's credit and ability to borrow in the future, and allows the creditor to demand immediate repayment of the obligation in full.

distressed ratings downgrade
type: Class
subclass of: downgrade
definition: credit event triggered when the credit rating of an obligation is downgraded to a distressed debt level

downgrade
type: Class
subclass of: credit event
definition: credit event triggered when the credit rating of a party or obligation is lowered
example: On October 17, 2013, Dagong Global Credit Rating downgraded the United States from A to A- and maintained a negative outlook on the country's credit.

entity-specific credit event
type: Class
subclass of: credit event
subclass of: Restriction
  on property: appliesTo
  some values from: LegalPerson
definition: credit event that applies to a given legal person

failure to pay
type: Class
subclass of: default event
subclass of: Restriction
  on property: has grace period
  on class: DatePeriod
  max qualified cardinality: 1
definition: default event that is triggered following any applicable grace period in which a payment obligation is missed

failure to pay interest
type: Class
subclass of: failure to pay
definition: default event that where either an expected interest payment is missed altogether or the amount paid is less than the required amount

failure to pay principal
type: Class
subclass of: failure to pay
definition: default event that where either an expected principal payment is missed altogether or the amount paid is less than the required amount

filing for bankruptcy
type: Class
subclass of: entity-specific credit event
definition: credit event that involves a request to a court to be recognized as bankrupt
explanatory note: The bankruptcy process is initiated via a petition filed by the debtor or on behalf of creditors. The debtor's assets may be used to repay a portion of outstanding debt as specified by the court or a court-appointed individual.

hard credit event
type: Class
subclass of: default event
disjoint with: soft credit event
definition: default event that is not repairable

installment default
type: Class
subclass of: default event
definition: default event involving non-payment of several installment payments as scheduled in the terms of the agreement, or non-payment of a call by the beneficial owner
explanatory note: The latter may result in a court action by the issuer or the sale of the securities to recover costs and/or a forfeit of partially paid securities.

interest obligation in light of default
type: Class
subclass of: ContingentObligation
subclass of: ContractualObligation
subclass of: Restriction
  on property: has default interest compounding basis
  on class: DatePeriod
  max qualified cardinality: 1
subclass of: Restriction
  on property: is default interest applicable
  max qualified cardinality: 1
  on data range: boolean
subclass of: Restriction
  on property: isMandatedBy
  some values from: Class
    union of: credit agreement
    union of: PaymentObligation
definition: obligation in respect of default(s) in the performance of any payment obligation
example: Prior to the occurrence or effective designation of an early termination date in respect of the relevant transaction, a party that defaults in the performance of any payment obligation will, to the extent permitted by law (and in the case of an ISDA Master Agreement is subject to Section 6(c)), be required to pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as such overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment, at the default rate. Such interest will be calculated on the basis of daily compounding and the actual number of days elapsed.

maturity extension
type: Class
subclass of: obligation-specific credit event
definition: credit event involving extension of payments beyond the original maturity date of the obligation
explanatory note: As stipulated in the terms and conditions for a bond, for example, the issuer or the bondholder may prolong the maturity date. After extension, the security may differ from original issue (new rate or maturity date). May be subject to bondholder's approval.

moratorium
type: Class
subclass of: entity-specific credit event
definition: entity-specific credit event involving a temporary suspension of payments until related issues are resolved
explanatory note: A moratorium may be a legally-mandated hiatus in debt collection as a part of a bankruptcy process.

obligation acceleration
type: Class
subclass of: obligation-specific credit event
definition: credit event triggered when one or more reference obligations become immediately due and payable as a result of a default or covenant breach on the reference entity's other debt instruments, subject to a materiality threshold

obligation default
type: Class
subclass of: default event
subclass of: obligation-specific credit event
definition: credit event triggered as a result of an obligation-specific default

obligation restructuring
type: Class
subclass of: obligation-specific credit event
definition: credit event that materially impacts an obligation, such as an interest rate reduction, principal reduction, deferral of interest or principal, change in priority ranking, or change in currency or composition of payment

obligation-specific credit event
type: Class
subclass of: triggering event
subclass of: credit event
subclass of: Restriction
  on property: has default threshold amount
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: appliesTo
  some values from: credit agreement
definition: credit event that relates to an individual credit agreement or debt instrument (reference obligation)

repudiation
type: Class
subclass of: obligation-specific credit event
definition: credit event involving the refusal to honor the terms of a contract

soft credit event
type: Class
subclass of: default event
definition: default event that is repairable
explanatory note: If the default is not repaired within a grace period, then a failure to repair (failure to pay) credit event is triggered, potentially as a hard default.

write-down
type: Class
subclass of: obligation-specific credit event
definition: obligation-specific credit event whereby the book value of the obligation, such as the outstanding principal amount, is reduced

has default interest compounding basis
type: ObjectProperty
sub property of: hasDatePeriod
domain: interest obligation in light of default
range: DatePeriod
definition: indicates the basis on which default interest is to be calculated, as a period of time

has default threshold amount
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: specifies an amount of money that triggers a failure to pay, repudiation/moratorium or restructuring event

has grace period
type: ObjectProperty
sub property of: hasDatePeriod
range: DatePeriod
definition: window following any payment due date during which a party must fulfill its obligations before a failure to pay credit event occurs
explanatory note: Note that this may be a period denominated in business days or calendar days.

involves multiple events
type: DatatypeProperty
domain: obligation restructuring
range: boolean
definition: indicates that the restructuring spans more than one credit event

is default interest applicable
type: DatatypeProperty
domain: interest obligation in light of default
range: boolean
definition: indicates whether a party that defaults in the performance of any payment obligation is, to the extent permitted by law and the applicable agreement, required to pay interest (before as well as after judgment) on the overdue amount to the other party on demand in the same currency as such overdue amount, for the period from (and including) the original due date for payment to (but excluding) the date of actual payment

is grace period extendable
type: DatatypeProperty
range: boolean
definition: indicates whether or not the grace period may be extended, which may be jurisdiction specific

accrual
type: Class
subclass of: Role
subclass of: Restriction
  on property: appliesTo
  on class: interest
  min qualified cardinality: 0
definition: the process of accumulating interest or other income that has been earned but not paid
explanatory note: There are legal contractual terms for the accrual of interest, as distinct from the payment of interest.

accrued interest
type: Class
subclass of: interest
subclass of: Restriction
  on property: hasAsOfDate
  some values from: ExplicitDate
definition: amount of interest that has been incurred, as of a specific date, on a loan or other financial obligation but has not yet been paid out
explanatory note: Accrued interest refers to the interest that has accumulated on a bond or other financial obligation since the last interest payment up to, but not including, the settlement date. This interest is earned over time but not yet paid out to the bondholder, for example. If this is a dirty price, this is the amount of accrued interest that is included in the price. This is therefore passed on to the purchaser of the bond or debt instrument.

amortization
type: Class
subclass of: Role
subclass of: Restriction
  on property: is amortization of
  on class: debt
  min qualified cardinality: 0
definition: the process of reduction of debt or other costs through periodic charges to assets or liabilities, such as through principal payments on mortgages

amortization schedule
type: Class
subclass of: projected contract event schedule
subclass of: PaymentSchedule
subclass of: Restriction
  on property: comprises
  on class: interest payment schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: comprises
  on class: principal payment schedule
  min qualified cardinality: 0
subclass of: Restriction
  on property: embodies
  some values from: amortization
definition: schedule of periodic payments (repayment installments) that specify changes in the balance of the debt over time
explanatory note: Payments are divided into equal amounts for the duration of the loan or debt instrument, making it the simplest repayment model. A greater amount of the payment is applied to interest at the beginning of the amortization schedule, while more money is applied to principal at the end.

borrower
type: Class
subclass of: debtor
subclass of: ContractParty
subclass of: Customer
subclass of: Restriction
  on property: owes
  some values from: debt
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: credit agreement
definition: party to a credit agreement that is obligated to repay the amount borrowed (principal) with interest and other fees according to the terms of the instrument

borrower identification scheme
type: Class
subclass of: PartyRoleIdentificationScheme
definition: system for allocating identifiers to borrowers
explanatory note: Many banks and other financial institutions have internal systems for assigning identifiers to borrowers. In the United States, larger banks may use a Customer Information File (CIF) number, assigned as a part of their federally mandated Customer Information Program (CIP).

borrower identifier
type: Class
subclass of: PartyRoleIdentifier
subclass of: Restriction
  on property: identifies
  on class: borrower
  qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  on class: borrower identification scheme
  qualified cardinality: 1
definition: sequence of characters, capable of uniquely identifying a borrower
explanatory note: A given identifier identifies a particular borrower with respect to at least some number of notes/facilities inside a particular institution according to some policy for minting identifiers. Optimally, there would be a single identifier for a given borrower, but due to operational issues, this is often not the case. A CIF number, or Customer Information File number, is used to link accounts across an institution to all notes/facilities owed by a given borrower.

borrowing capacity
type: Class
subclass of: MonetaryAmount
subclass of: Restriction
  on property: isEvidencedBy
  some values from: AssessmentReport
subclass of: Restriction
  on property: hasDateOfAssessment
  some values from: ExplicitDate
subclass of: Restriction
  on property: appliesTo
  some values from: LegalPerson
definition: upper bound on the total amount of money that a lender believes a party has the ability to repay an obligation when due, as of some point in time
explanatory note: The notion of borrowing capacity is related to management decisions pertaining to credit, i.e., the creditworthiness of the borrower, loan amount, risk tolerance, and so forth, and may be reassessed from time to time depending on the type of credit agreement and regulatory requirements. Determining borrowing capacity is typically done as a part of loan origination, especially for residential mortgages.

capital lease
type: Class
subclass of: lease
definition: lease that must be reflected on an organization's balance sheet as an asset and as a corresponding liability
explanatory note: In the United States, such leases must be reported per Statement 13 of the Financial Accounting Standards Board. Generally, this applies to leases where the lessee acquires essentially all of the economic benefits and risks of the leased property.
synonym: financial lease

collateral
type: Class
subclass of: Undergoer
subclass of: Restriction
  on property: is collateralization of
  on class: Asset
  min qualified cardinality: 0
definition: something pledged as security to ensure fulfillment of an obligation to another party, to lend money, extend credit, or provision securities

CollateralAgreement
type: Class
deprecated: true
equivalent class: CollateralAgreement

collateral value as of date
type: Class
subclass of: AppraisedValue
subclass of: Restriction
  on property: hasDateOfAssessment
  some values from: ExplicitDate
subclass of: Restriction
  on property: isEstimatedValueOf
  some values from: collateral
definition: appraised value of the collateral for an obligation as of a given date

committed credit facility
type: Class
subclass of: credit facility
subclass of: Restriction
  on property: hasMember
  on class: committed sub-facility
  min qualified cardinality: 0
disjoint with: uncommitted credit facility
definition: credit facility that is a confirmed source of financing for the borrower, as long as the borrower meets the conditions of the agreement

committed sub-facility
type: Class
subclass of: sub-facility
subclass of: Restriction
  on property: isConstituentOf
  some values from: committed credit facility
disjoint with: uncommitted sub-facility
definition: contractually committed portion of a credit facility that is available to the borrower and may be associated with some specific collateral

credit agreement
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: is collateralized by
  on class: collateral
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasCorrespondingAccount
  on class: LoanOrCreditAccount
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasCurrency
  on class: Currency
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasContractualElement
  on class: UseOfProceedsProvision
  min qualified cardinality: 0
subclass of: Restriction
  on property: has initial exchange date
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has maturity date
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasContractParty
  some values from: creditor
subclass of: Restriction
  on property: hasContractParty
  some values from: debtor
subclass of: Restriction
  on property: hasContractualElement
  some values from: debt terms
definition: contractual agreement in which a debtor receives something of value and typically agrees to repay the creditor by some date in the future, in some form (e.g., cash, securities, etc.), generally with interest

credit agreement repaid at maturity
type: Class
subclass of: credit agreement
subclass of: Restriction
  on property: has maturity date
  some values from: ExplicitDate
definition: credit agreement in which accrued interest may be periodically repaid or paid at maturity, but principal is paid at maturity
example: The most common example of a credit agreement repaid at maturity is a bond.

credit agreement repaid periodically
type: Class
subclass of: credit agreement
definition: credit agreement in which the principal and accrued interest may be periodically repaid or exchanged
example: Examples include revolving lines of credit, commercial loans, construction loans, residential mortgages and so forth.

credit enhancement agreement
type: Class
subclass of: CollateralAgreement
subclass of: Restriction
  on property: is collateralized by
  some values from: Class
    union of: collateral
    union of: guaranty
subclass of: Restriction
  on property: hasBeneficiary
  some values from: credit enhancement beneficiary
subclass of: Restriction
  on property: isProvidedBy
  some values from: ContractPrincipal
definition: collateral agreement that governs the exchange of collateral between parties to mitigate counterparty credit risk
explanatory note: A credit enhancement agreement ensures that collateral or a guarantee is established to secure obligations under the agreement. Features may include specification of the kinds of collateral or guarantee that may be used together with the relevant valuation methods, thresholds for the value of the collateral and haircuts applied based on mitigating market risk, margin requirements, dispute resolution with respect to collateral valuation and margin calls, and other operational details related to the transfer, substitution, and return of the collateral if established or posted.
synonym: collateralization
synonym: credit support agreement
synonym: financial collateral arrangement
synonym: margin arrangement

credit enhancement beneficiary
type: Class
subclass of: Beneficiary
subclass of: Counterparty
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    on class: credit enhancement agreement
    min qualified cardinality: 0
definition: party that benefits from the collateral or guarantee established under the agreement, i.e., that is protected against counterparty credit risk because the collateral or guarantee serves as security for the obligation(s) owed to them

credit facility
type: Class
subclass of: credit agreement repaid periodically
subclass of: Restriction
  on property: hasMember
  on class: sub-facility
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasContractualElement
  on class: ConditionPrecedent
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasMonetaryAmount
  some values from: MonetaryAmount
subclass of: Restriction
  on property: hasMember
  some values from: promissory note
definition: credit agreement that allows the borrower to periodically take out money over an extended period of time rather than reapplying for a loan every time they need funds
explanatory note: Credit facilities include revolving loans/lines of credit, committed facilities, letters of credit, and most retail credit accounts. They may define sub-facilities to which the lender is prepared to commit for specific purposes.
synonym: master commitment

creditor
type: Class
subclass of: Obligee
subclass of: Restriction
  on property: isPlayedBy
  all values from: LegalPerson
subclass of: Restriction
  on property: is owed
  some values from: debt
definition: a party to whom an obligation, such as an amount of money, or good, or performance of some service exists

day-count convention
type: Class
subclass of: BusinessRecurrenceIntervalConvention
subclass of: Expression
definition: a business recurrence interval convention that is used to calculate the number of days in an interest payment, which applies to the amount of accrued interest or the present value for debt instruments
explanatory note: Day-count conventions apply to swaps, mortgages and forward rate agreements as well as bonds, each of which has its own day-count convention, which varies depending on the type of instrument, whether the interest rate is fixed or floating, and the country of issuance. Among the most common conventions are 30/360 or 365, actual/360 or 365, and actual/actual. A 30/360 convention assumes 30 days in a month and 360 days in a year. An actual/360 convention assumes the actual number of days in the given month and 360 days in the year. An actual/ actual convention uses the actual number of days in the given interest period and year.

day-count convention 30/360 bond basis
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses 30 days in a month and 360 days in a year for calculating interest payments
explanatory note: See ISDA 2006 Section 4.16(f), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
synonym: 30A/360

day-count convention 30/360 US
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses 30 days in a month and 360 days in a year for calculating interest payments
explanatory note: See ISDA 2006 Section 4.16(f), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
explanatory note: This convention is used for US corporate bonds and many US agency issues. It is most commonly referred to as '30/360', but the term '30/360' may also refer to any of the other conventions of this class, depending on the context. See ISDA 2006 Section 4.16(f), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation
synonym: 30/360

day-count convention 30/365
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses 30 days in a month and 365 days in a year for calculating interest payments

day-count convention 30E/360
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses 30 days in a month and 360 days in a year for calculating interest payments
explanatory note: See ICMA Rule 251.1(ii), 251.2, and ISDA 2006 Section 4.16(g), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
synonym: 30/360 ICMA
synonym: 30S/360
synonym: Eurobond basis (ISDA 2006)
synonym: Special German

day-count convention 30E/360 ISDA
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses 30 days in a month and 360 days in a year for calculating interest payments
explanatory note: See ISDA 2006 Section 4.16(h), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
synonym: 30/360 ICMA
synonym: Eurobond basis (ISDA 2006)
synonym: German

day-count convention actual/360
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses the actual number of days in each month and 360 days in a year for calculating interest payments
explanatory note: See ICMA Rule 251.1(i) (not sterling), ISDA 2006 Section 4.16(e), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
explanatory note: This convention is used in money markets for short-term lending of currencies, including the US dollar and Euro, and is applied in ESCB monetary policy operations. It is the convention used with repurchase agreements.
synonym: French
synonym: a/360
synonym: act/360

day-count convention actual/365 fixed
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses the actual number of days in each month and 365 days in a year for calculating interest payments
explanatory note: See ISDA 2006 Section 4.16(d), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
synonym: English
synonym: a/365 fixed
synonym: a/365f
synonym: act/365 fixed

day-count convention actual/actual ICMA
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses the actual number of days in each month and actual number of days in that year for calculating interest payments
explanatory note: See ICMA Rule 251.1(iii), ISDA 2006 Section 4.16(c), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
explanatory note: This method ensures that all coupon payments are always for the same amount. It also ensures that all days in a coupon period are valued equally. This is the convention used for US Treasury bonds and notes, among other securities.
synonym: ISMA-99
synonym: act/act ICMA
synonym: act/act ISMA
synonym: actual/actual

day-count convention actual/actual ISDA
type: NamedIndividual
type: day-count convention
definition: day-count convention that uses the actual number of days in each month and actual number of days in that year for calculating interest payments
explanatory note: See ISDA 2006 Section 4.16(b), https://web.archive.org/web/20140913145444/http://www.hsbcnet.com/gbm/attachments/standalone/2006-isda-definitions.pdf for more details on the calculation.
explanatory note: This convention accounts for days in the period based on the portion in a leap year and the portion in a non-leap year.
synonym: act/365
synonym: act/act
synonym: actual/365
synonym: actual/actual

debt
type: Class
subclass of: Commitment
subclass of: Restriction
  on property: is owed by
  some values from: debtor
subclass of: Restriction
  on property: is owed to
  some values from: creditor
definition: obligation to pay something, such as an amount of money, good, service, or instrument
explanatory note: In cases where the debtor and payer are the same legal person, then a debt is equivalent to a payment obligation.

debt terms
type: Class
subclass of: ContractualCommitment
definition: contract terms that specify the formal rights and obligations of borrower and lender under a contract in which funds are lent from the one party to the other
explanatory note: These may be terms in a loan contract (including for example a mortgage contract) or they may be the contractual terms of a debt security.

debtor
type: Class
subclass of: Obligor
subclass of: Restriction
  on property: isPlayedBy
  all values from: LegalPerson
subclass of: Restriction
  on property: owes
  on class: debt
  min qualified cardinality: 0
definition: a party that owes a debt or other obligation to another party

explicit contract event schedule
type: Class
subclass of: AdHocSchedule
subclass of: Restriction
  on property: appliesTo
  some values from: credit agreement
definition: schedule of events, including but not limited to payment events, rate reset events and others that will occur over the lifetime of the credit agreement
explanatory note: This is a schedule of actual dates and events that are terms of the contract.

fixed interest rate
type: Class
subclass of: InterestRate
disjoint with: variable interest rate
definition: interest rate that does not fluctuate over the lifetime of a loan or other debt instrument

floating interest rate
type: Class
subclass of: variable interest rate
subclass of: Restriction
  on property: is based on
  on class: ReferenceInterestRate
  qualified cardinality: 1
definition: variable interest rate that is based on a specific index or benchmark rate
example: Certain revolving credit, such as credit-card related debt, may adjust after a specified period of time to an absolute rate stated in the agreement (variable but not floating) rather than based on a benchmark rate (variable, floating).
explanatory note: The index used to determine the specific interest rate is generally included in the terms of the loan. In most cases, lenders will also charge a spread, or added percentage points on top of the established index rate. If a loan is billed as prime plus 2.5 percent, for a prime rate of 3.5 percent, the terms of the loan will require the borrower to pay off a 6 percent interest. Floating interest rates typically involve periodic reset dates for the loan, particularly when the index rate changes. Resets may also occur online at market predetermined intervals, with yearly adjustments being a common arrangement.

full amortization
type: Class
subclass of: amortization
definition: amortization in which the very last payment (which, if the schedule was calculated correctly, should be equal to all others) pays off all remaining principal and interest on the loan

interest
type: Class
subclass of: MonetaryAmount
subclass of: Restriction
  on property: has interest rate
  all values from: InterestRate
subclass of: Restriction
  on property: hasDatePeriod
  all values from: DatePeriod
subclass of: Restriction
  on property: is interest on
  some values from: debt
definition: the cost of using credit, or another's money, expressed as a rate per period of time, payable by a debtor to a creditor in consideration of the credit extended to the debtor

interest calculation
type: Class
subclass of: ContractLifecycleEventOccurrence
subclass of: Calculation
subclass of: Restriction
  on property: has interest rate
  on class: InterestRate
  qualified cardinality: 1
subclass of: Restriction
  on property: hasMonetaryAmount
  on class: MonetaryAmount
  qualified cardinality: 1
definition: event reflecting the calculation of interest

interest calculation schedule
type: Class
subclass of: projected contract event schedule
subclass of: Restriction
  on property: hasOccurrence
  some values from: interest calculation
definition: regular, contract-specific schedule including the dates on which interest is calculated
explanatory note: The dates may be fixed, or relative to the corresponding interest payment date. It may be the same as the payment date, in arrears, or forward looking to the next interest payment.

interest payment
type: Class
subclass of: Payment
equivalent class: CouponPayment
definition: event reflecting the actual payment of interest

interest payment schedule
type: Class
subclass of: projected contract event schedule
subclass of: PaymentSchedule
subclass of: Restriction
  on property: hasOccurrence
  some values from: interest payment
equivalent class: CouponSchedule
equivalent class: RegularCouponSchedule
definition: regular, contract-specific schedule including the dates on which interest is due to be paid
explanatory note: The dates may be fixed, or expressed as an offset of the calculation dates. Typically the payment dates are fixed and calculation dates are expressed as an offset, however.

interest payment terms
type: Class
subclass of: debt terms
subclass of: Restriction
  on property: has accrual basis
  on class: day-count convention
  min qualified cardinality: 0
subclass of: Restriction
  on property: has interest rate
  on class: InterestRate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has interest rate cap
  on class: InterestRate
  min qualified cardinality: 0
subclass of: Restriction
  on property: has interest payment day
  on class: DayOfMonth
  min qualified cardinality: 0
subclass of: Restriction
  on property: has compounding frequency
  on class: RecurrenceInterval
  min qualified cardinality: 0
subclass of: Restriction
  on property: has interest payment frequency
  on class: RecurrenceInterval
  min qualified cardinality: 0
subclass of: Restriction
  on property: has initial interest accrual date
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: has initial interest payment date
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasFirstRateChangeTerm
  on class: ExplicitDuration
  min qualified cardinality: 0
subclass of: Restriction
  on property: governs payment of
  some values from: interest
definition: contract terms for payment of interest on a debt
explanatory note: Interest is usually payable on any outstanding principal amount, therefore interest relates to the amount of debt outstanding at any given point of time, not to the principal amount advanced at the time that the loan was advanced or the debt security issued (aside from the initial payment).
explanatory note: Note that in most cases, the dates and payment frequencies for interest will coincide with the dates and payment frequencies related to the principal.

interest rate reset
type: Class
subclass of: interest calculation
definition: event reflecting a potential adjustment to an interest rate, typically corresponding to a change in the underlying benchmark interest rate or index specified in the contract
explanatory note: Note that depending on the contract, a rate reset can occur daily or on some other timetable, and depending on the underlying benchmark, the actual rate may or may not change. Rate resets may be associated with variable interest rate loans, scheduled reset dates for loans and other debt instruments, for example, interest rate swaps, certain kinds of bonds, and the like. The date on which interest is (re)calculated may be an explicit or date relative.

interest rate reset schedule
type: Class
subclass of: projected contract event schedule
subclass of: Restriction
  on property: hasOccurrence
  some values from: interest rate reset
definition: regular, contract-specific schedule including the dates on which a rate reset, and corresponding actual rate, is recalculated

interest rate setting event
type: Class
subclass of: interest calculation
definition: event on which an initial rate for a given contract is set, which may be relative the the occurrence of some other contract lifecycle event, such as the execution date

lease
type: Class
subclass of: credit agreement repaid periodically
definition: credit agreement permitting the use of real estate, equipment or another asset, such as a vehicle, by the owner of that asset (the lessor) to a user (the lessee) for a specific period of time in return for payment as specified in the agreement
explanatory note: The lessor is the legal owner of the asset, while the lessee obtains the right to use the asset in return for rental payments. The lessee also agrees to abide by various conditions regarding their use of the property or equipment. For example, a person leasing a car may agree to the condition that the car will only be used for personal use.
synonym: lease agreement
synonym: lease contract

lender
type: Class
subclass of: creditor
subclass of: ContractParty
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: credit agreement
definition: a party that extends credit or money to a borrower with the expectation of being repaid, usually with interest

managed interest rate
type: Class
subclass of: variable interest rate
subclass of: Restriction
  on property: isManagedBy
  some values from: FinancialServiceProvider
definition: variable interest rate charged by a financial institution for borrowing that is not prescribed as a margin over base rate but is set from time to time by the institution

motor vehicle lease
type: Class
subclass of: lease
definition: lease of a motor vehicle for a fixed period of time at an agreed amount of money
explanatory note: Motor vehicle leasing is commonly offered by dealers as an alternative to a vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business use, without the usually needed cash outlay. The key difference in a lease is that after the primary term (usually 2, 3 or 4 years) the vehicle has to either be returned to the leasing company or purchased for the residual value.

negative amortization
type: Class
subclass of: amortization
definition: amortization in which the payments made do not cover the interest due

non-physical collateral
type: Class
subclass of: collateral
subclass of: Restriction
  on property: is collateralization of
  on class: FinancialAsset
  min qualified cardinality: 0
disjoint with: physical collateral
definition: asset pledged as collateral that is a financial asset, rather than physical asset
example: Examples of non-physical collateral include, but are not limited to, bank deposits, accounts receivable, stocks, bonds, other securities, and the like.

partial amortization
type: Class
subclass of: amortization
definition: amortization in which the very last payment the last payment due may be a large balloon payment of all remaining principal and interest

physical collateral
type: Class
subclass of: collateral
subclass of: Restriction
  on property: is collateralization of
  on class: PhysicalAsset
  min qualified cardinality: 0
definition: asset pledged as collateral that has a material form, i.e., is a physical asset of the obligor
example: Examples of physical collateral include, but are not limited to, real estate, equipment, vehicles, spare parts, inventory, goods, supplies, fixtures, and leasehold improvements.

principal
type: Class
subclass of: Aspect
subclass of: Class
  union of: MonetaryAmount
  union of: NegotiableCommodity
subclass of: Restriction
  on property: is principal of
  some values from: debt
definition: with respect to a debt: the value of an obligation, such as a bond or loan, raised and that must be repaid at maturity; for investments: the original amount of money invested, separate from any associated interest, dividends or capital gains

principal payment
type: Class
subclass of: Payment
definition: event reflecting the actual payment of some amount of the principal of a debt

principal payment schedule
type: Class
subclass of: projected contract event schedule
subclass of: PaymentSchedule
subclass of: Restriction
  on property: hasOccurrence
  some values from: principal payment
definition: regular, contract-specific schedule including the dates on which some percentage or all of the principal is due to be (re)paid
explanatory note: The dates may be fixed, or expressed as an offset of the calculation dates. Typically the payment dates are fixed and calculation dates are expressed as an offset, however.

principal repayment terms
type: Class
subclass of: debt terms
subclass of: Restriction
  on property: hasExtensionProvision
  on class: ExtensionProvision
  max qualified cardinality: 1
subclass of: Restriction
  on property: has principal payment day
  on class: DayOfMonth
  min qualified cardinality: 0
subclass of: Restriction
  on property: has principal payment frequency
  on class: RecurrenceInterval
  min qualified cardinality: 0
subclass of: Restriction
  on property: has initial principal payment date
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: has principal repayment date
  on class: Date
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasBalloonPayment
  min qualified cardinality: 0
  on data range: boolean
subclass of: Restriction
  on property: isInitiallyPayable
  min qualified cardinality: 0
  on data range: boolean
subclass of: Restriction
  on property: governs payment of
  some values from: principal
definition: contract terms that specify requirements for repayment of the principal

projected contract event schedule
type: Class
subclass of: RegularSchedule
subclass of: Restriction
  on property: appliesTo
  on class: credit agreement
  min qualified cardinality: 0
subclass of: Restriction
  on property: has anticipated number of payments
  some values from: positiveInteger
definition: schedule of events, including but not limited to anticipated payment events, rate reset events and others that are expected to occur over the lifetime of the contract
explanatory note: A projected schedule is a regular schedule that documents the anchor dates and frequency of occurrences, using rules, rather than providing an explicit list of dates. This method will project future event dates (transaction event dates), based on the frequencies specified and may be adjusted due to calendar restrictions and other rules to deal with holidays, weekends, and so forth in addition to contract-specific events.

PromissoryNote
type: Class
deprecated: true
equivalent class: promissory note

rate reset time of day
type: Class
subclass of: TimeOfDay
subclass of: Restriction
  on property: hasBusinessCenter
  on class: BusinessCenter
  min qualified cardinality: 0
definition: time of day that an interest rate is reset, as indicated by some interest rate authority or market data provider
example: Examples include certain rates published by the Federal Reserve Board in their H.15 schedule, which are published at 4:15 pm on business days that are not holidays in the US.

retail credit facility
type: Class
subclass of: committed credit facility
definition: credit facility that is a loan or line of credit used by retailers and real estate companies
example: Most consumer credit cards are retail credit facilities, for example.

revolving line of credit
type: Class
subclass of: committed credit facility
subclass of: Restriction
  on property: is collateralized by
  on class: collateral
  min qualified cardinality: 0
definition: credit facility that enables the borrower to withdraw funds, repay, and withdraw again
explanatory note: Revolving credit facilities are essentially lines of credit with variable interest rates.

security agreement
type: Class
subclass of: CollateralAgreement
subclass of: Restriction
  on property: isClassifiedBy
  some values from: LenderLienPosition
subclass of: Restriction
  on property: isClassifiedBy
  some values from: OwnershipInterest
definition: collateral agreement that grants a financial interest in some collateral to a party that is not an owner of that collateral, specifying terms including relative duties and rights, over and above those specified in the primary contract, regarding the disposition of the asset used as collateral
example: Examples include deeds of trust and uniform commercial code (UCC) agreements.
adapted from: ISO 20022

sub-facility
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: isConstituentOf
  on class: credit facility
  qualified cardinality: 1
subclass of: Restriction
  on property: hasMonetaryAmount
  some values from: MonetaryAmount
definition: portion of a credit facility extended to the borrower for some purpose, possibly per some schedule specified in the facility
explanatory note: Each sub-facility may have separate terms, and may be or include individual promissory notes, depending on the facility. The amount of associated with the individual sub-facilities sums to the total credit facility amount. Sub-facilities may, individually, have a stated purpose, such as to cover inventory, equipment, accounts receivable, working capital, letters of credit, and so forth.

uncommitted credit facility
type: Class
subclass of: credit facility
definition: credit facility that has yet to be confirmed as a source of financing for the borrower

uncommitted sub-facility
type: Class
subclass of: sub-facility
definition: sub-facility that has yet to be confirmed as a source of financing for the borrower

variable interest rate
type: Class
subclass of: InterestRate
definition: an interest rate that is allowed to vary over the maturity of a loan or other debt instrument
synonym: adjustable rate

governs payment of
type: ObjectProperty
sub property of: governs
domain: debt terms
definition: links contractual terms embedded in a contract, such as interest or repayment terms to the element those terms apply to

has accrual basis
type: ObjectProperty
sub property of: hasBusinessRecurrenceIntervalConvention
range: day-count convention
definition: identifies the convention that defines how interest accrues on something, that is the number of days in a month and days in a year that are counted when performing interest accrual calculations

has amount of credit extended
type: ObjectProperty
sub property of: hasMonetaryAmount
definition: specifies the gross amount of credit that has been provided to the borrower as of a given point in time with respect to a specific agreement (e.g. for line of credit)

has anticipated number of payments
type: DatatypeProperty
sub property of: hasCount
range: positiveInteger
definition: specifies the number of payments promised per the terms of the contract over the lifetime of the contract assuming all payments are made

has available amount
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates an amount of money available for an individual or organization to borrow

has borrower
type: ObjectProperty
sub property of: hasContractParty
range: borrower
definition: relates a contract, such as a debt instrument or credit agreement, to one or more parties that are incurring the debt

has compounding frequency
type: ObjectProperty
sub property of: hasRecurrenceInterval
range: RecurrenceInterval
definition: the frequency at which interest is added to the principal of the debt over the course of the agreement

has credit limit
type: ObjectProperty
sub property of: hasMonetaryAmount
equivalent property: hasCreditLimit
definition: specifies the maximum amount of credit that may be borrowed with respect to a specific agreement (e.g. for line of credit)

has debt amount
type: ObjectProperty
sub property of: hasMonetaryAmount
domain: credit agreement
range: MonetaryAmount
definition: indicates the monetary amount of the debt
explanatory note: Represents the total debt amount including principal and interest

has denomination
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: the face value of currency units, coins, or securities

has final interest payment date
type: ObjectProperty
sub property of: hasEndDate
range: Date
definition: the date on which the last interest payment is due

has initial exchange date
type: ObjectProperty
sub property of: hasExplicitDate
sub property of: hasStartDate
range: ExplicitDate
definition: indicates the specific date when the initial exchange of assets or funds takes place
abbreviation: IED
explanatory note: For a credit agreement, this is the initial funding date, such as the funding of the principal amount, or a portion thereof, but for other kinds of instruments, it may be something else. In the context of contracts related to swaps, options, or other derivative instruments, the initial exchange date marks the point where the parties legally commit to the terms of the agreement and exchange the initial required amounts.

has initial interest accrual date
type: ObjectProperty
sub property of: hasStartDate
range: Date
definition: the date from which interest begins to accrue
synonym: has dated date

has initial interest payment date
type: ObjectProperty
sub property of: hasStartDate
range: Date
definition: the date on which the first interest payment is due

has initial principal payment date
type: ObjectProperty
sub property of: hasStartDate
range: Date
definition: the date on which the first payment against the principal is due

has interest payment day
type: ObjectProperty
sub property of: hasRecurrenceInterval
range: RecurrenceInterval
definition: the day of the month on which interest payments must be made on the debt

has interest payment frequency
type: ObjectProperty
sub property of: hasRecurrenceInterval
range: RecurrenceInterval
definition: the frequency at which interest payments must be made on the debt

has interest rate
type: ObjectProperty
sub property of: hasQuantityValue
range: InterestRate
definition: relates something, such as an agreement, or debt instrument, to the rate (typically annual) of interest that is to be paid by the debtor to the creditor on the debt

has interest rate cap
type: ObjectProperty
sub property of: has interest rate
range: InterestRate
definition: relates something, such as an agreement, or debt instrument, to the upper bound (ceiling) rate (typically annual) of interest on variable-rate debt that is to be paid by the debtor to the creditor on the debt

has lender
type: ObjectProperty
sub property of: hasContractParty
range: lender
definition: relates a contract, such as a debt instrument or credit agreement, to one or more parties that are financing the debt

has maturity date
type: ObjectProperty
sub property of: hasEndDate
sub property of: hasExplicitDate
range: ExplicitDate
definition: indicates the date on which the principal amount of an instrument is due to be repaid to the investor and interest or coupon payments stop, and/or the date on which the instrument may be redeemed
explanatory note: Maturity dates typically apply to debt instruments, such as notes, drafts, bonds, and other loans, but may also apply to preferred shares and other financial instruments.

has maximum advance amount
type: ObjectProperty
sub property of: hasMonetaryAmount
definition: specifies the ceiling on the amount of credit that can be drawn by the borrower in a single request with respect to a specific agreement (e.g. for line of credit) within the specified credit limit

has time to maturity
type: ObjectProperty
sub property of: hasDuration
range: ExplicitDuration
definition: indicates the lifespan of credit agreement or offering, from the date of issuance to the scheduled maturity date
synonym: has term to maturity

has outstanding amount
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates an amount of money representing the principal, interest, or other amount owed at a specific point in time

has principal
type: ObjectProperty
range: principal
definition: indicates the face value of an obligation, such as a bond or loan, that must be repaid at maturity, i.e., the base amount raised by a mortgage or other debt instrument

has principal payment day
type: ObjectProperty
sub property of: hasRecurrenceInterval
range: RecurrenceInterval
definition: the day of the month on which payments on the principal must be made

has principal payment frequency
type: ObjectProperty
sub property of: hasRecurrenceInterval
range: RecurrenceInterval
definition: the frequency at which payments on the principal must be made

has principal repayment date
type: ObjectProperty
sub property of: hasEndDate
domain: principal repayment terms
range: Date
definition: relates an instrument to the date by which the principal must be repaid in full
explanatory note: Depending on the terms of the instrument (debt security, such as a bond, loan, etc.), this may be the date of a single payment of the debt principal or of the completion of scheduled partial redemption payments.

is amortization of
type: ObjectProperty
domain: amortization
definition: links the process of reduction of debt or other costs through periodic charges to the relevant asset or liability

is based on
type: ObjectProperty
sub property of: appliesTo
definition: relates something to something else on which it rests, or that supports it in some way

is collateralization of
type: ObjectProperty
domain: collateral
definition: relates some collateral to an agreement pledging the asset as security

is collateralized by
type: ObjectProperty
range: collateral
definition: relates an agreement to an asset pledged as security

is interest on
type: ObjectProperty
domain: interest
definition: links a monetary amount that is the cost of using credit to the debt that it applies to

is owed
type: ObjectProperty
domain: creditor
range: debt
definition: links a creditor to a debt that is outstanding and payable to them

is owed by
type: ObjectProperty
domain: debt
range: debtor
inverse of: owes
definition: links a debt to the party that owes it

is owed to
type: ObjectProperty
domain: debt
range: creditor
definition: links a debt to the party to which it is payable

is principal of
type: ObjectProperty
domain: principal
definition: links the value of a debt, excluding any interest or other costs of using credit, to the debt that it applies to

owes
type: ObjectProperty
domain: debtor
range: debt
definition: links a party to a debt that they owe

collateralized guaranty
type: Class
subclass of: guaranty
subclass of: Restriction
  on property: is collateralized by
  some values from: collateral
definition: guaranty that takes the form of some asset that is pledged by a borrower to a lender (usually in return for a loan)
explanatory note: In some cases, the lender may require the borrower to place pledged assets such as cash or securities in a separate account that the lender controls.

government guaranty
type: Class
subclass of: guaranty
subclass of: Restriction
  on property: is guaranteed by
  some values from: Restriction
    on property: isPlayedBy
    some values from: polity
definition: guaranty provided by a government entity, such as for a government-backed security

guarantor
type: Class
subclass of: de jure controlling interest party
subclass of: ContractThirdParty
subclass of: Restriction
  on property: isPlayedBy
  all values from: LegalPerson
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: Contract
definition: party that guarantees, endorses, or provides indemnity for some obligation on behalf of some other party
adapted from: Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
explanatory note: In some cases, the party acting as guarantor may also be a party to the contract, such as in the case of Fannie Mae or Freddie Mac. In such cases, the same individual would be modeled as having both roles.

guaranty
type: Class
subclass of: Commitment
subclass of: Restriction
  on property: is guaranteed by
  all values from: guarantor
subclass of: Restriction
  on property: has priority level
  all values from: priority level
subclass of: Restriction
  on property: has guaranteed amount
  all values from: MonetaryAmount
subclass of: Restriction
  on property: hasExpirationDate
  all values from: Date
subclass of: Restriction
  on property: holdsDuring
  all values from: DatePeriod
definition: commitment whereby something is formally assured if a party with primary liability fails to perform
adapted from: Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012
explanatory note: The commitment may cover a debt, cash flows on a debt instrument (such as interest payments), or performance of some obligation.

insurance-backed guaranty
type: Class
subclass of: guaranty
subclass of: Restriction
  on property: isExemplifiedBy
  some values from: insurance policy
definition: guaranty that is realized as an insurance policy

insurance policy
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: hasCounterparty
  some values from: policyholder
subclass of: Restriction
  on property: isIssuedBy
  some values from: insurer
definition: contract that (1) puts an indemnity cover into effect, (2) serves as a legal evidence of the insurance agreement, (3) sets out the exact terms on which the indemnity cover has been provided, and (4) states associated information such as the (a) specific risks and perils covered, (b) duration of coverage, (c) amount of premium, (d) mode of premium payment, and (e) deductibles, if any

insurer
type: Class
subclass of: FinancialServiceProvider
subclass of: ContractPrincipal
definition: financial service provider that issues an insurance policy

joint guaranty
type: Class
subclass of: guaranty
subclass of: Restriction
  on property: is guaranteed by
  on class: guarantor
  min qualified cardinality: 2
definition: guaranty provided by at least two parties, jointly and severally

letter of credit
type: Class
subclass of: committed credit facility
subclass of: Restriction
  on property: isIssuedBy
  some values from: PartyRole
subclass of: Restriction
  on property: playsRole
  some values from: FinancialAsset
definition: letter from a bank or other creditworthy institution guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount
abbreviation: L/C
explanatory note: In some states in the U.S., the issuer is not limited to financial institutions -- it is simply a written instrument, addressed by one person to another, requesting the latter to give credit to the person in whose favor it is drawn.
explanatory note: In the event that the buyer is unable to make payment, the bank or other issuer is required to cover the full or remaining amount.

letter of credit guaranty
type: Class
subclass of: collateralized guaranty
subclass of: Restriction
  on property: isExemplifiedBy
  some values from: letter of credit
definition: guaranty that takes the form of a letter of credit, i.e., a document issued by a bank guaranteeing the payment up to a stated amount for a specified period

negative pledge
type: Class
subclass of: guaranty
definition: guaranty whereby the issuer will not pledge any assets if doing so would result in less security for lender(s) or investor(s)

policyholder
type: Class
subclass of: Counterparty
definition: counterparty to and typically owner of an insurance policy
synonym: insured party

priority level
type: Class
subclass of: Classifier
definition: relative ranking that a guaranty has in the context of a contract, for example for a credit enhancement priority

has guaranteed amount
type: ObjectProperty
sub property of: hasMonetaryAmount
domain: guaranty
range: MonetaryAmount
definition: relates the guaranty to the monetary amount guaranteed

has guarantor
type: ObjectProperty
sub property of: hasThirdParty
domain: Contract
range: guarantor
definition: relates the guarantor to the contract for which they are providing a guaranty

has guarantor party
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: guarantor
inverse of: is guarantor of
definition: indicates a party that guarantees, endorses, or provides indemnity for some obligation on its behalf

has priority level
type: ObjectProperty
sub property of: isClassifiedBy
domain: guaranty
range: priority level
definition: relates a guaranty to some relative ranking that the guaranty has in the context of the contract, for example for a credit enhancement priority

is guaranteed by
type: ObjectProperty
domain: guaranty
range: guarantor
definition: relates guaranty to the contract guarantor, i.e., to the legal person providing the guaranty

is guarantor of
type: ObjectProperty
sub property of: isPartyControlling
domain: guarantor
range: controlled party
definition: identifies a party over which a guarantor has some measure of control by virtue of the guarantee

calculation agent
type: Class
subclass of: ThirdPartyAgent
definition: party that is responsible for determining the value of an instrument and in some cases, determines how much the parties owe one another
explanatory note: A calculation agent is an entity responsible for performing calculations and determinations outlined in financial agreements, often related to derivatives or structured products. They ensure accuracy and timeliness in calculating payments, interest rates, or other terms based on predefined formulas and market conditions. The agent can establish the price for a given instrument and may act as its guarantor and issuer. If the counterparty in a derivative transaction is a broker-dealer, then the broker-dealer will often act as the calculation agent.

cash instrument
type: Class
subclass of: financial instrument
disjoint with: derivative instrument
definition: financial instrument whose value is determined by the market and that is readily transferable (highly liquid)
scope note: Cash instruments can be classified into two subgroups, as securities and other cash instruments such as loans and deposits.

commodity instrument
type: Class
subclass of: financial instrument
subclass of: Restriction
  on property: has commodity value as of execution date
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: involves
  on class: Commodity
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasQuantityValue
  on class: ScalarQuantityValue
  min qualified cardinality: 0
definition: financial instrument representing an ownership interest in bulk goods, such as raw materials and primary agricultural products
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.
explanatory note: The value of the contract is derived from the market value of an underlying commodity or commodity index. Commodity derivatives can be physically or cash settled. Primary underliers include metals, agricultural goods and energy.

currency instrument
type: Class
subclass of: financial instrument
subclass of: Restriction
  on property: has buying currency
  on class: Currency
  min qualified cardinality: 0
subclass of: Restriction
  on property: has selling currency
  on class: Currency
  min qualified cardinality: 0
definition: financial instrument used for the purposes of currency trading
example: Example currencies include UK pounds, US dollars, Euro. An example currency instrument is spot currency instrument.
scope note: Each instance of a currency instrument has a one to one relationship with its associated currency.
adapted from: Parameswaran, Sunil. Fundamentals of Financial Instruments: An Introduction to Stocks, Bonds, Foreign Exchange, and Derivatives. John Wiley and Sons (Asia) Pte. Lte., Singapore, 2011.

debt instrument
type: Class
subclass of: credit agreement
subclass of: financial instrument
subclass of: Restriction
  on property: has redemption terms
  on class: redemption provision
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasCallFeature
  on class: CallFeature
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasOffering
  on class: DebtOffering
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasPutFeature
  on class: PutFeature
  min qualified cardinality: 0
subclass of: Restriction
  on property: has borrower
  some values from: borrower
subclass of: Restriction
  on property: has lender
  some values from: lender
subclass of: Restriction
  on property: hasInterestPaymentTerms
  some values from: interest payment terms
subclass of: Restriction
  on property: hasRepaymentTerms
  some values from: principal repayment terms
definition: financial instrument and credit agreement evidencing monies owed by the issuer to the holder on terms as specified
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.

derivative instrument
type: Class
subclass of: financial instrument
subclass of: Restriction
  on property: has initial exchange date
  on class: ExplicitDate
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasQuantityValue
  on class: ScalarQuantityValue
  min qualified cardinality: 0
subclass of: Restriction
  on property: has settlement terms
  some values from: SettlementTerms
subclass of: Restriction
  on property: has valuation terms
  some values from: valuation terms
subclass of: Restriction
  on property: has underlier
  some values from: underlier
subclass of: Restriction
  on property: hasExpirationDate
  some values from: Date
definition: financial instrument that confers on its holders certain rights or obligations, whose value is derived from one or more underlying assets
example: The three major categories of derivatives are (1) forward and future contracts, (2) options contracts, and (3) swaps. The most common underlying assets include stocks, bonds, commodities, currencies, interest rates and market indexes.
scope note: Derivatives can be characterized by whether they are exchange-traded or traded over-the-counter (OTC).
adapted from: Parameswaran, Sunil. Fundamentals of Financial Instruments: An Introduction to Stocks, Bonds, Foreign Exchange, and Derivatives. John Wiley and Sons (Asia) Pte. Lte., Singapore, 2011.
explanatory note: Derivative contracts owe their availability to the existence of markets for an underlying asset or a portfolio of assets on which such agreements are written. The derivative itself is merely a contract between two or more parties. Its value is determined by fluctuations in the underlying asset. Most derivatives are characterized by high leverage.
synonym: derivative contract
usage note: Note that the quantity value associated with the derivative represents the quantity of the underlier. The price of the underlier is included in settlement terms.

entitlement
type: Class
subclass of: financial instrument
subclass of: Restriction
  on property: isIssuedInForm
  on class: SecurityForm
  min qualified cardinality: 0
definition: financial instrument that provides the holder an interest in, or the privilege to subscribe to, or to receive specific assets under terms specified
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.
explanatory note: Note that certain fund units, including but not limited to units in pension funds and other non-public investment structures may be considered entitlements but not securities. They may or may not be identified using traditional financial instrument identifiers. Some entitlements, such as warrants, whose value changes based on the value of some underlier, are considered derivative instruments.
synonym: right

equity instrument
type: Class
subclass of: security
definition: financial instrument representing an ownership interest in an entity or pool of assets
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.

exempt security
type: Class
subclass of: security
disjoint with: RegisteredSecurity
definition: security that is exempt from certain regulatory rules
example: Some exemptions from the registration requirement include: private offerings to a limited number of persons or institutions; offerings of limited size; intrastate offerings; and securities of municipal, state, and federal governments.
adapted from: Securities Act of 1933
explanatory note: Generally, securities must be filed with the appropriate regulatory agencies in the jurisdiction in which they are sold. The registration forms companies file provide essential facts while minimizing the burden and expense of complying with the law. Not all securities must be registered, however. By exempting many small offerings from the registration process, regulators seek to foster capital formation by lowering the cost of offering securities to the public.

financial instrument
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: isIdentifiedBy
  on class: financial instrument identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: has nominal value
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: isClassifiedBy
  on class: IndustrySectorClassifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: isClassifiedBy
  on class: FinancialInstrumentClassifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasFinancialInstrumentShortName
  on class: FinancialInstrumentShortName
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasRestriction
  on class: SecuritiesRestriction
  min qualified cardinality: 0
subclass of: Restriction
  on property: is legally recorded in
  on class: Jurisdiction
  min qualified cardinality: 0
subclass of: Restriction
  on property: is negotiable
  on data range: boolean
  qualified cardinality: 1
subclass of: Restriction
  on property: is denominated in
  some values from: Currency
subclass of: Restriction
  on property: isIssuedBy
  some values from: issuer
definition: written contract that gives rise to both a financial asset of one entity and a financial liability of another entity
example: Examples of financial instruments include: cash, evidence of an ownership interest in an entity, or a contractual right to receive (or deliver) cash, or another financial instrument.
adapted from: https://www.ifrs.org/content/dam/ifrs/publications/pdf-standards/english/2021/issued/part-a/ias-32-financial-instruments-presentation.pdf
explanatory note: A financial instrument can be thought of as a template that defines an arrangement structure that remains to be fleshed out with terms and parameters in order to establish a specific instance of the contract.

financial instrument identifier
type: Class
subclass of: Identifier
subclass of: Restriction
  on property: identifies
  on class: financial instrument
  min qualified cardinality: 0
definition: sequence of characters uniquely identifying a financial instrument for some purpose and within a specified context
scope note: Identifiers for financial instruments may include an ISIN, Sedol, CUSIP, BBGID, FIGI, or other identifier issued approximately when the instrument itself is issued, and based on the kind of instrument and jurisdiction in which it is issued.

future
type: Class
subclass of: derivative instrument
subclass of: Restriction
  on property: has lot size
  some values from: decimal
definition: derivative instrument that obligates the buyer to receive and the seller to deliver the assets specified at an agreed price, at some later point in time
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.
explanatory note: A futures contract obligates the buyer to pay the seller a predetermined price based on the market value of the underlier, unless the contract is sold before settlement date which may happen if a trader waits to take a profit or cut a loss. This contrasts with options trading in which the option buyer may choose whether or not to exercise the option. Futures are distinguished from generic forward contracts in that they contain standardized terms, trade on a formal exchange, are regulated by overseeing agencies, and are guaranteed by clearing houses. Also, in order to insure that payment will occur, futures have a margin requirement that must be settled daily. Finally, by making an offsetting trade, taking delivery of goods, or arranging for an exchange of goods, futures contracts can be closed. Hedgers often trade futures for the purpose of keeping price risk in check.
synonym: futures contract

issuer
type: Class
subclass of: ContractPrincipal
subclass of: Restriction
  on property: hasIssuerShortName
  min qualified cardinality: 0
  on data range: string
subclass of: Restriction
  on property: issues
  some values from: Class
    union of: credit agreement
    union of: financial instrument
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: financial instrument
definition: role of a party that issues (or proposes to issue in a formal filing) one or more financial instruments
adapted from: Securities Exchange Act of 1934, as amended 12 August 2012
explanatory note: An issuer can be any legal person, including a legally competent natural person, company, government, or political subdivision, agency, or instrumentality of a government, depending on the nature of the instrument. A person might provide a loan directly to another party, but most instruments are issued by legal entities.
explanatory note: With respect to certificates of deposit for securities, voting-trust certificates, or collateral- trust certificates, or with respect to certificates of interest or shares in an unincorporated investment trust not having a board of directors or of the fixed, restricted management, or unit type, the term issuer means the person or persons performing the acts and assuming the duties of depositor or manager pursuant to the provisions of the trust or other agreement or instrument under which such securities are issued; and except that with respect to equipment-trust certificates or like securities, the term issuer means the person by whom the equipment or property is, or is to be, used.

negotiable security
type: Class
subclass of: security
subclass of: TransferableContract
subclass of: Restriction
  on property: is negotiable
  has value: true
disjoint with: non-negotiable security
definition: security that can be transferred to another party

non-negotiable security
type: Class
subclass of: security
definition: security that is not transferable to another party
explanatory note: Certain securities that can be redeemed by the issuer may not be 'negotiable', such as savings bonds and certificates of deposit.

option
type: Class
subclass of: derivative instrument
subclass of: Restriction
  on property: has option holder
  on class: option holder
  min qualified cardinality: 0
subclass of: Restriction
  on property: has calculated market value
  on class: option premium
  min qualified cardinality: 0
subclass of: Restriction
  on property: has exercise price
  some values from: strike price
subclass of: Restriction
  on property: has exercise schedule
  some values from: Schedule
subclass of: Restriction
  on property: has exercise style
  some values from: ExerciseConvention
subclass of: Restriction
  on property: has option writer
  some values from: option issuer
subclass of: Restriction
  on property: has lot size
  some values from: decimal
subclass of: Restriction
  on property: hasExpirationDate
  some values from: Date
definition: derivative instrument that grants to the holder either the privilege to purchase or the privilege to sell the assets specified at a predetermined price or formula at or within a time period in the future
adapted from: ISO 10962, Securities and related financial instruments - Classification of Financial Instruments (CFI code), Fourth edition, 2019-10.

packaged financial product
type: Class
subclass of: FinancialProduct
subclass of: ContractualProduct
subclass of: Restriction
  on property: isIncludedIn
  on class: FinancialProductCatalog
  min qualified cardinality: 0
subclass of: Restriction
  on property: comprises
  some values from: Class
    union of: financial instrument
    union of: FinancialProduct
definition: financial product that acts as a container for at least one financial instrument, including other financial products, and whose value is derived from, or based on a reference asset, market measure, or investment strategy
scope note: Packaged products are typically included in an institution's approved product catalog, i.e., pre-approved by compliance organizations for sale to clients. Not all institutions maintain such a catalog, with internal identifiers for such products, but many do. Such core products may have as attributes: Type (product and possibly asset class), product identifier, status and approval date, product family approval (as appropriate), and so forth.
explanatory note: Certain properties of the instruments, such as their term, interest rate, eligibility of the client, etc., may be set as a part of the product specification. Some of these are intrinsic but variable properties of the instrument, for example the exact interest rate, whereas others are extrinsic, such as client eligibility. Product offerings have prices, which may build in various fees, that are components of the cost of carry on a trader's books.
explanatory note: Reference assets and market measures may include single equity or debt securities, indexes, commodities, interest rates and/or foreign currencies, as well as baskets of these reference assets or market measures. Like other well-known market instruments such as convertible bonds, many structured products are hybrid securities. Structured products typically have two components - a debt instrument and a derivative, which is often an option. The debt instrument, in some instances, may pay interest at a specified rate and interval. The derivative component establishes payment at maturity, which may give the issuer the right to buy from you, or sell you, the referenced security or securities at a predetermined price. For example, structured products may combine characteristics of debt and equity or of debt and commodities.
explanatory note: SEC Rule 434 defines structured securities as 'securities whose cash flow characteristics depend upon one or more indices or that have embedded forwards or options or securities where an investor's investment return and the issuer's payment obligations are contingent on, or highly sensitive to, changes in the value of underlying assets, indices, interest rates or cash flows'.
synonym: market-linked investment
synonym: structured product

promissory note
type: Class
subclass of: debt instrument
definition: debt instrument that is a written promise by one party to another that commits that party to pay a specified sum on demand or within a specified time frame under specified terms
explanatory note: Promissory notes are generally fully fungible. They may or may not be negotiable.

redemption provision
type: Class
subclass of: ContractualCommitment
definition: contract provision enabling the issuer (writer) to regain possession through repayment of some stipulated price
explanatory note: In general, redemption is synonymous with 'buy back' or 'cash in', depending on the kind of instrument. Redemption provisions are commonly applicable to the process of annulling a defeasible title, such as for a mortgage or tax sale, by paying the debt or fulfilling an obligation.

securities transaction
type: Class
subclass of: Trade
subclass of: Restriction
  on property: appliesTo
  some values from: financial instrument
definition: transaction between two or more parties involving the exchange of commonly defined financial products
adapted from: ISO 23897:2020, Financial services - Unique transaction identifier (UTI), clause 3.3
synonym: financial transaction

security
type: Class
subclass of: financial instrument
subclass of: Restriction
  on property: isIssuedInForm
  on class: SecurityForm
  min qualified cardinality: 0
subclass of: Restriction
  on property: isRegisteredWith
  on class: RegistrationAuthority
  min qualified cardinality: 0
subclass of: Restriction
  on property: is legally recorded in
  on class: Jurisdiction
  qualified cardinality: 1
definition: financial instrument that can be bought or sold
adapted from: Securities Exchange Act of 1934, as amended 12 August 2012
explanatory note: A security can be any note, stock, treasury stock, security future, security-based swap, bond, debenture,certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or in general, any instrument commonly known as a security, or any certificate of interest or participation in, temporary or interim certificate for, receipt for, or warrant or right to subscribe to or purchase, any of the foregoing; but shall not include currency or any note, draft, bill of exchange, or bankers' acceptance which has a maturity at the time of issuance of not exceeding nine months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited.
explanatory note: In the U.S., the Supreme Court has adopted a flexible and liberal approach in determining what constitutes a security. In its famous decision of SEC v. W.J. Howey Co., 328 U.S. 293, 90 L.Ed. 1244, 66 S.Ct. 1100 (1946), the Court held that land sales contracts for citrus groves in Florida, coupled with warranty deeds for the land and a contract to service the land, were 'investment contracts' and thus securities. The Court stated that [a]n investment contract for purposes of the Securities Act means a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party. 66 S.Ct. at 1103. According to the Court, it is immaterial whether the shares in the enterprise are evidenced by formal certificates or by nominal interests in the physical assets employed in the enterprise. 66 S.Ct. at 1104.
explanatory note: Some securities may be traded over the counter, or through an exchange, or via some other trading venue such as an electronic trading platform.
explanatory note: Whether a contract or other economic right is a security essentially depends on whether the holder of the contract is acting as an investor who seeks financial benefits based on the work of a promoter or a third party.

spot contract
type: Class
subclass of: financial instrument
definition: financial instrument that settles for immediate delivery on a specified date
explanatory note: A spot transaction is a transaction in which some goods or instrument(s) are exchanged for some other goods or instruments, including currency, with no future delivery provision, i.e., within the minimum number of days possible. Examples include currency spots and commodity spot transactions, whose settlement convention is determined by the relevant market.

standardized terms
type: Class
subclass of: ContractualCommitment
definition: contract terms that, grouped together, that are generally and consistently reused across many contracts, published by some organization, and capable of being incorporated into a contract by reference
example: Each exchange has a set of terms they apply to membership agreements and with respect to the instruments that may be traded on that exchange. For example, there is a set expiration date that exchanges will publish for exchange-traded options - in the US it is the Saturday following the third Friday of every month. Similarly, there are set incremental dates for strike for exchange traded options. Contract sizes are also stipulated, for example in the US these are standardized by the OPRA Convention (Options Pricing Reporting Authority).

underlier
type: Class
subclass of: Undergoer
subclass of: Restriction
  on property: isPlayedBy
  some values from: Class
    union of: observable value
    union of: financial instrument
    union of: Basket
    union of: Commodity
    union of: EconomicIndicator
    union of: QuotedExchangeRate
    union of: MarketRate
definition: something that can be assigned a value in the marketplace that forms the basis for a derivative or pool-backed instrument
explanatory note: Underlier means any rate (including interest and foreign exchange rates), currency, commodity, security, instrument of indebtedness, index, quantitative measure, occurrence or non-occurrence of an event, or other financial or economic interest, or property of any kind, or any interest therein or based on the value thereof, in or by reference to which any payment or delivery under a transaction is to be made or determined.

has buying currency
type: ObjectProperty
sub property of: hasDealtCurrency
range: Currency
definition: indicates the currency purchased with respect to a currency or related instrument
explanatory note: Note that the buying and selling currencies could be the same under certain circumstances.

has calculation agent
type: ObjectProperty
sub property of: isProvidedBy
range: calculation agent
definition: indicates a party (role) responsible for determining the value of an instrument

has commodity value as of execution date
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates the per unit value of a given commodity as of the date that the contract is executed

has nominal value
type: ObjectProperty
sub property of: hasMonetaryAmount
range: MonetaryAmount
definition: indicates the face value of a contract
explanatory note: Nominal value of a security is its redemption price and will vary from its market value. A preferred stock's nominal (par) value is important in that it is used to calculate its dividend while the nominal value of common stock is an arbitrary value assigned for balance sheet purposes.
explanatory note: The nominal amount of a financial instrument is the face amount used to calculate payments made on that instrument. This amount generally does not change. For securities the nominal value is often referred to as the face or par value. This is the redemption price of the security and is normally stated on the front of that security. With respect to bonds and stocks, it is the stated value of an issued security, as opposed to its market value.
synonym: has face value

has principal executive office address
type: ObjectProperty
sub property of: has registered address
domain: LegalPerson
range: ConventionalStreetAddress
definition: relates an organization, specifically the issuer of a financial instrument, to its principal executive address, as required for issuance of that instrument
explanatory note: Note that in most cases, the principal executive office address is also the headquarters address for a company.

has redemption terms
type: ObjectProperty
sub property of: hasContractualElement
range: redemption provision
definition: indicates the specific terms related to redemption as specified in the instrument or a related contract document

has selling currency
type: ObjectProperty
sub property of: hasBaseCurrency
range: Currency
definition: indicates the currency sold with respect to a currency or related instrument
explanatory note: Note that the buying and selling currencies could be the same under certain circumstances.

has shareholder
type: ObjectProperty
sub property of: isAffectedBy
domain: issuer
range: shareholder
definition: indicates a party that holds shares in the issuer

has underlier
type: ObjectProperty
sub property of: hasUndergoer
range: underlier
definition: relates a derivative to something on which the contract is based
usage note: The domain of this property can be either a derivative instrument or, in the case of a swap contract, one leg of the swap.

has value expressed in
type: ObjectProperty
sub property of: hasCurrency
range: Currency
definition: relates something, such as an instrument or index, to the currency its value is typically expressed in
explanatory note: This should be the same currency that was declared at the time of issuance.

holds shares in
type: ObjectProperty
sub property of: actsOn
domain: shareholder
range: issuer
inverse of: has shareholder
definition: specifies the issuer in which a shareholder holds an equity position

is denominated in
type: ObjectProperty
sub property of: hasCurrency
domain: financial instrument
range: Currency
definition: indicates the currency in which the financial instrument was issued

is legally recorded in
type: ObjectProperty
sub property of: hasGoverningJurisdiction
domain: financial instrument
range: Jurisdiction
definition: jurisdiction (country, county, state, province, city) in which the financial instrument is legally recorded for regulatory and/or tax purposes

is negotiable
type: DatatypeProperty
domain: financial instrument
range: boolean
definition: specifies whether a particular financial instrument is or is not transferable

adjusted closing price
type: Class
subclass of: closing price
definition: amended closing price to reflect a security's value after accounting for any corporate actions, such as stock splits, dividends, and rights offerings
explanatory note: A particularly dramatic change in price occurs when a company announces a stock split. When the change is made, the price displayed will immediately reflect the split. For example, if a company splits its stock 2-for-1, the last closing price will be cut in half. That's the adjusted closing price.

auction method
type: NamedIndividual
type: price determination method
definition: method for determining a price that represents use of an independently administered synthetic auction
explanatory note: Auction method refers to a process where buyers enter competitive bids and sellers submit competitive offers at the same time. The price at which a security trades represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to accept. Matching bids and offers are then paired together, and the orders are executed.

best bid
type: Class
subclass of: bid price
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
definition: highest bid price a prospective buyer is willing to pay at a particular time for a given security

best offer
type: Class
subclass of: offer price
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
definition: lowest price acceptable to a prospective seller for a given security at a particular point in time

bid ask spread
type: Class
subclass of: price spread
subclass of: Restriction
  on property: hasArgument
  some values from: bid price
subclass of: Restriction
  on property: hasArgument
  some values from: offer price
definition: difference between an offer (ask) price and a bid price

bid price
type: Class
subclass of: security price
disjoint with: offer price
definition: price a prospective buyer is willing to pay
explanatory note: The term 'bid price' is used by traders / market makers with respect to a given security, and that are prepared to buy or sell round lots at publicly quoted prices, and by specialists in certain instruments that perform similar functions on an exchange.

clean price
type: Class
subclass of: security price
disjoint with: dirty price
definition: debt instrument price that does not include accrued interest

closing price
type: Class
subclass of: market price
definition: cash value of the last transacted price before the market closes

closing price determination method
type: Class
subclass of: price determination method
definition: strategy for calculating or otherwise determining an official closing price
explanatory note: The official closing price is typically the final price at which something trades during regular market hours on an exchange or trading venue. Because of the evolving nature of online trading in a 24 hour world, every exchange has a method of calculating its official closing price, although that methodology changes from time to time. They may also publish an adjusted closing price, which reflects changes to the price that reflect corporate actions and after hours trading that occur before the opening of the exchange on the following day. Understanding how the closing price is determined is important to ensure price comparability for a given security across exchanges.

collection of security prices
type: Class
subclass of: DatedStructuredCollection
subclass of: Restriction
  on property: hasMember
  some values from: security price
definition: collection consisting of a series of prices, each of which has a specific date and time associated with it, for some security
explanatory note: Note that such a collection is of prices that may be quoted or may be established through analysis, such as an average over a number of markets (composite market) or developed via some pricing model (e.g., matrix pricing).

composite market
type: Class
subclass of: StructuredCollection
subclass of: Restriction
  on property: hasMember
  some values from: exchange
definition: group of exchanges and trading venues referenced for pricing purposes

derived price
type: Class
subclass of: security price
subclass of: CalculatedPrice
definition: price that stems from another source or calculation rather than being quoted or based on actual trading data
example: For example, a product's price can be derived from another pricing source, such as an asset or product, using various contributing factors. Derived prices can also be calculated within a firm using published price spreads or other market data. An interpolated price is determined by interpolation between available price figures, using some algorithm or curve, such as between bid and offer (among others). It also includes yield curves and implied forward curves. That is, interpolation may either be linear (straight line interpolation between two values) or may be expressed as a non linear curve such as a yield curve or an implied forward curve.
explanatory note: There are evaluated prices in which an independent source evaluates a price they have derived, and there are prices which are derived within a firm, from supplied, published end of day price spreads or other market data.
synonym: interpolated price
synonym: matrix price

dirty price
type: Class
subclass of: security price
subclass of: Restriction
  on property: comprises
  some values from: accrued interest
definition: debt instrument price that includes accrued interest

high price
type: Class
subclass of: security price
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
definition: highest price for a given security over the period specified

internal rate of return
type: Class
subclass of: rate of return
definition: discount rate that results in a net present value (NPV) of zero for a series of future cash flows
explanatory note: This concept is central to many definitions of debt instrument analytics, and is the inverse of net present value.

intra day price
type: Class
subclass of: market price
definition: price for a given security at some point between the opening and official closing price on an exchange

low price
type: Class
subclass of: security price
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
definition: lowest value for a given security over the period specified

market price
type: Class
subclass of: security price
subclass of: Restriction
  on property: has pricing source
  some values from: Class
    union of: publisher
    union of: composite market
    union of: exchange
    union of: Dealer
    union of: FinancialServiceProvider
definition: last reported price at which a security was sold

mean price determination
type: NamedIndividual
type: price determination method
definition: method for determining a price that represents the arithmetic mean of some set of prices consolidated across sources

mid price
type: Class
subclass of: security price
subclass of: ArithmeticMean
subclass of: Restriction
  on property: hasCurrency
  on class: Currency
  qualified cardinality: 1
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
subclass of: Restriction
  on property: hasArgument
  some values from: bid price
subclass of: Restriction
  on property: hasArgument
  some values from: offer price
definition: arithmetic mean between bid and offer prices

offer price
type: Class
subclass of: security price
definition: price suggested by a prospective seller at a particular time for a given security
synonym: ask price
synonym: asking price
synonym: offering price

official closing price
type: Class
subclass of: closing price
subclass of: Restriction
  on property: has closing price determination method
  some values from: closing price determination method
definition: price of the final trade of a security at the end of a trading day on a given exchange
explanatory note: A stock's closing price is the standard benchmark used by investors to track its performance over time.
synonym: end-of-day price

opening price
type: Class
subclass of: market price
definition: price at which something first trades at the start of a trading day
explanatory note: Investors that want to buy or sell as soon as the market opens will put in an order at the opening price. Depending on how the closing price for the prior day is determined, and if there is no after hours trading (AFT), the opening price will be the same as the prior trading day's closing price. Otherwise, the opening price may differ from the prior trading day's official closing price.

price analytic
type: Class
subclass of: ScopedMeasure
subclass of: Restriction
  on property: appliesTo
  some values from: collection of security prices
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
subclass of: Restriction
  on property: refersTo
  some values from: security
definition: statistical measure involving security prices

price determination method
type: Class
subclass of: Strategy
definition: strategy for calculating or otherwise establishing a price for something

price spread
type: Class
subclass of: Difference
subclass of: Restriction
  on property: hasArgument
  on class: MonetaryPrice
  qualified cardinality: 2
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
definition: difference between two prices

pricing model
type: Class
subclass of: Expression
definition: expression used to determine a value for an instrument at a given point in time

rate of return
type: Class
subclass of: Percentage
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
subclass of: Restriction
  on property: refersTo
  some values from: security
definition: net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost or value as of a specific point in time
abbreviation: RoR

security price
type: Class
subclass of: MonetaryPrice
subclass of: Restriction
  on property: has pricing source
  on class: Class
    union of: publisher
    union of: composite market
    union of: pricing model
    union of: exchange
    union of: Dealer
    union of: FinancialServiceProvider
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasObservedDateTime
  min qualified cardinality: 0
  on data range: CombinedDateTime
subclass of: Restriction
  on property: isPriceFor
  some values from: security
definition: monetary price for a financial instrument at some point in time
explanatory note: A security price may be the price that some party is willing to pay, has recently paid, or would like to be paid, depending on the circumstances.

trading day
type: Class
subclass of: ExplicitDatePeriod
subclass of: Restriction
  on property: hasDuration
  has value: Day
subclass of: Restriction
  on property: hasClosingDateTime
  min qualified cardinality: 0
  on data range: CombinedDateTime
subclass of: Restriction
  on property: hasOpeningDateTime
  on data range: CombinedDateTime
  qualified cardinality: 1
definition: time span that a particular trading venue is open
abbreviation: RTH
adapted from: https://www.lawinsider.com/dictionary/trading-day
explanatory note: In the United States, and with respect to common stock in particular, trading day means any day on which the stock is traded on the principal market, or, if the principal market is not the principal trading market for the common stock, then on the principal securities exchange or securities market on which the common stock is then traded, provided that 'Trading Day' shall not include any day on which the common stock is scheduled to trade on such exchange or market for less than 4.5 hours or any day that the common stock is suspended from trading during the final hour of trading on such exchange or market (or if such exchange or market does not designate in advance the closing time of trading on such exchange or market, then during the hour ending at 4:00:00 p.m., New York time) unless such day is otherwise designated as a trading day in writing by the holder.
synonym: regular trading hours
usage note: By convention it is sufficient to provide a value for hasOpeningDateTime, with hasClosingDateTime being optional.

trading session
type: Class
subclass of: ExplicitDatePeriod
subclass of: Restriction
  on property: hasClosingDateTime
  min qualified cardinality: 0
  on data range: CombinedDateTime
subclass of: Restriction
  on property: hasOpeningDateTime
  min qualified cardinality: 0
  on data range: CombinedDateTime
definition: window of time within a trading day in which orders may be placed and filled
adapted from: https://financial-dictionary.thefreedictionary.com/Trading+Sessions
explanatory note: An exchange may have several trading sessions during a day. For example, the exchange may be open from 9 a.m. until 10:30 a.m., from 11:30 a.m. until 1 p.m., and from 2 p.m. to 3:30 p.m. Holding several trading sessions gives the market more time to digest information rationally without having to respond immediately.

volume-weighted average price
type: Class
subclass of: price analytic
definition: average price at which a given security has traded throughout a trading day, determined by multiplying each trade by its volume, adding the results, then dividing by the volume traded for the day
abbreviation: VWAP

volume-weighted open price
type: Class
subclass of: price analytic
definition: price determined by multiplying each trade by its volume, adding the results, then dividing by the volume over a certain period during the trading day (rather than over the course of the entire day)
abbreviation: VWOP

yield
type: Class
subclass of: Percentage
subclass of: Restriction
  on property: hasCurrency
  on class: Currency
  qualified cardinality: 1
subclass of: Restriction
  on property: hasApplicablePeriod
  some values from: DatePeriod
subclass of: Restriction
  on property: refersTo
  some values from: security
definition: return on the investor's capital investment
explanatory note: A Yield must be based on a price, and must be in reference to some event or duration of time. It has a calculation method, and may have other qualifying terms such as for compounded yield.
explanatory note: Yield reflects income over some period of time which is then annualized, and typically projected into the future, assuming that conditions and rates remain the same, whereas return on investment is retrospective.

yield spread
type: Class
subclass of: Difference
subclass of: Restriction
  on property: hasArgument
  on class: yield
  qualified cardinality: 2
definition: the spread between the yields of two items

has book depth
type: DatatypeProperty
domain: security price
range: integer
definition: indicates depth of the order book to which the price refers
explanatory note: An order book is the list of orders (manual or electronic) that a trading venue (in particular stock exchanges) uses to record the interest of buyers and sellers in a particular financial instrument. The book depth refers to the number of price levels available at a particular time in the book. Sometimes the book is represented to a fixed depth, and orders beyond that depth are ignored or rejected, and in other cases the book can contain unlimited levels.

has closing price determination method
type: ObjectProperty
sub property of: has price determination method
range: closing price determination method
definition: indicates a strategy by which the official closing price is determined
explanatory note: This method itself changes quite frequently i.e. the exchange may change the way it computes closing prices.

has lot size
type: DatatypeProperty
sub property of: hasNumericValue
range: decimal
definition: magnitude of an item (i.e., total quantity)
example: For example, with respect to corn, 5000 bushels is a typical contract size. For some oil commodities trades, 1000 barrels is considered a single contract. For equity options, the lot size is typically 100 shares of the underlying.
explanatory note: The lot size, referenced in offerings, listings, orders, and trades, typically refers to the number of shares or units in a single contract.

has number of days accrued
type: DatatypeProperty
sub property of: hasNumericValue
range: integer
definition: indicates the number of days for which interest has accrued and has not yet been received

has price determination method
type: ObjectProperty
sub property of: hasStrategy
range: price determination method
definition: indicates a strategy by which a given price is determined

has pricing source
type: ObjectProperty
sub property of: refersTo
definition: indicates the origin of a given quote or price for a financial instrument

has quote lot size
type: DatatypeProperty
sub property of: has lot size
domain: security price
range: decimal
definition: magnitude of something to which the quote price refers

has rate of return
type: ObjectProperty
sub property of: hasQuantityValue
domain: financial instrument
range: rate of return
definition: indicates the retrospective rate of return for a given financial instrument over some period of time

has round lot size
type: DatatypeProperty
sub property of: has lot size
range: decimal
definition: standard number of securities traded on an exchange
explanatory note: In stocks, a round lot is considered 100 shares or a larger number that can be evenly divided by 100. In bonds, a round lot is usually $100,000 worth. Odd lots and smaller lots have become increasingly common due to technology advances and small investor demand.
synonym: normal trading unit
synonym: unit of trading

has trading date time
type: ObjectProperty
sub property of: hasDateTime
domain: security price
range: DateTime
definition: indicates the specific date and time associated with a given price

has trading volume
type: DatatypeProperty
sub property of: hasNumericValue
range: decimal
definition: indicates the number of shares/units traded on a given trading day

cash settlement terms
type: Class
subclass of: SettlementTerms
subclass of: Restriction
  on property: has settlement method
  has value: delivery in cash
subclass of: Restriction
  on property: has quotation method
  on class: cash settlement method
  min qualified cardinality: 0
subclass of: Restriction
  on property: comprises
  on class: valuation terms
  min qualified cardinality: 0
subclass of: Restriction
  on property: hasPrice
  on class: security price
  min qualified cardinality: 0
subclass of: Restriction
  on property: has minimum quotation amount
  on class: MonetaryAmount
  min qualified cardinality: 0
subclass of: Restriction
  on property: has pricing source
  some values from: Class
    union of: publisher
    union of: composite market
    union of: pricing model
    union of: exchange
    union of: Dealer
    union of: FinancialServiceProvider
subclass of: Restriction
  on property: has settlement amount
  some values from: MonetaryAmount
definition: contractual commitment to settle in cash
explanatory note: Note that the security price represents a price per share or per lot, whereas the settlement amount represents a total.
explanatory note: Note that the valuation determined via the appraisal of the underlying asset may include a quotation that is either an upper limit to the outstanding principal balance of the reference obligation for which the quote should be obtained, or a floating rate payer calculation amount.

delivery in cash
type: NamedIndividual
type: delivery method
definition: commitment to deliver an amount of money at the earliest available date as per settlement convention
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

delivery method
type: NamedIndividual
type: Class
type: ContractualCommitment
subclass of: DistributionStrategy
definition: method and commitment to transfer a commodity, currency, security, cash or another instrument as defined in the settlement terms of the contract

elect at exercise method
type: NamedIndividual
type: delivery method
definition: commitment to determine the delivery strategy at the time of exercise
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

non-deliverable method
type: NamedIndividual
type: delivery method
definition: commitment with respect to synthetic options on foreign exchange forwards that are based on non-convertible or thinly traded currencies
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

physical delivery method
type: NamedIndividual
type: delivery method
definition: commitment to settle an obligation through the receipt or delivery of the actual underlying instrument(s) or other asset, such as a commodity, instead of through cash settlement
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019

physical settlement terms
type: Class
subclass of: SettlementTerms
subclass of: Restriction
  on property: has settlement method
  has value: physical delivery method
subclass of: Restriction
  on property: specifies
  on class: escrow agent
  min qualified cardinality: 0
definition: commitment to deliver the actual underlying asset on the specified delivery date, rather than cash
adapted from: ISO 10962, Securities and related financial instruments - Classification of financial instruments (CFI) code, Fourth Edition, October 2019
explanatory note: If you sell a gold futures contract of say 100 troy ounces then you have to deliver real gold to the buyer on the mutually agreed date. Most derivatives are not actually exercised, but are traded out before their delivery date. However, physical delivery still occurs with some trades: it is most common with commodities, but can also occur with other financial instruments.

settlement
type: Class
subclass of: ContractLifecycleEvent
definition: act of finalizing a transaction, including but not limited to finalizing accounting, exchanging consideration, and/or legally recording documents, as applicable

settlement convention
type: Class
subclass of: Convention
subclass of: Restriction
  on property: hasNumericValue
  some values from: positiveInteger
definition: convention employed to determine the closing date (from the stated settlement date) in the process of settling a transaction on which securities or interests in securities are delivered, usually against (in simultaneous exchange for) payment of some consideration
explanatory note: This is often stated in the form 'T+n' where n is the number of business days from the specified settlement date (T).

settlement event
type: Class
subclass of: ContractLifecycleEventOccurrence
subclass of: Restriction
  on property: hasPrice
  on class: security price
  min qualified cardinality: 0
subclass of: Restriction
  on property: involves
  on class: ValueAssessment
  min qualified cardinality: 0
subclass of: Restriction
  on property: exemplifies
  on class: settlement
  qualified cardinality: 1
definition: specific event involving the finalization a transaction or portion thereof, including but not limited to finalizing accounting, exchanging consideration, and/or legally recording documents, as applicable

has settlement method
type: ObjectProperty
sub property of: hasStrategy
domain: SettlementTerms
range: delivery method
definition: specifies the strategy for settlement from a delivery perspective

has preferred settlement currency
type: ObjectProperty
sub property of: hasCurrency
domain: SettlementTerms
range: Currency
definition: indicates the preferred currency for settlement purposes
explanatory note: This property should only be used in cases where the settlement currency is distinct from the currency in which the instrument is denominated.

has settlement amount
type: ObjectProperty
sub property of: hasMonetaryAmount
domain: SettlementTerms
range: MonetaryAmount
definition: indicates the monetary amount required for cash settlement

is fractional eligible
type: DatatypeProperty
domain: SettlementTerms
range: boolean
definition: indicates whether the security can contain fractional share/amounts

is fully automated securities transfer applicable
type: DatatypeProperty
domain: SettlementTerms
range: boolean
definition: indicates whether the security is to be held at the transfer agent as part of the FAST (Fully Automated Securities Transfer) program
abbreviation: is FAST applicable
explanatory note: The Fast Automated Securities Transfer Program (FAST) is a contract between DTC (and its subsidiaries) and transfer agents whereby FAST agents act as custodians for DTC.

business center code
type: Class
subclass of: GeographicRegionIdentifier
subclass of: Restriction
  on property: identifies
  some values from: BusinessCenter
definition: code used to denote a metropolitan area where business is conducted
adapted from: http://www.fpml.org/coding-scheme/business-center
explanatory note: The codes for business centers and municipalities defined herein are largely those identified either as FpML business centers or are locations where there is an exchange, as noted in the ISO 10962 MIC code standard.

business center code set
type: Class
subclass of: CodeSet
definition: coding scheme used to define a set of codes for municipalities or business centers
adapted from: http://www.fpml.org/coding-scheme/business-center

business day adjustment code
type: Class
subclass of: CodeElement
subclass of: Restriction
  on property: identifies
  some values from: BusinessDayConvention
definition: code used to denote a convention for specifying what happens when a date falls on a day that is weekend or holiday in some municipality or business center
adapted from: http://www.fpml.org/coding-scheme/business-center

AEAB
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for Abu Dhabi, Business Day (as defined in 2021 ISDA Definitions Section 2.1.9 (ii))
has tag: AEAB
is member of: FpML Business Center Code Scheme
identifies: Abu Dhabi business day

AEAD
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for Abu Dhabi, Settlement Day (as defined in 2021 ISDA Definitions Section 2.1.9 (i))
has tag: AEAD
is member of: FpML Business Center Code Scheme
identifies: Abu Dhabi settlement day

AEDU
type: NamedIndividual
type: business center code
description: the FpML business center code for Dubai, United Arab Emirates
has tag: AEDU
is member of: FpML Business Center Code Scheme
identifies: Dubai

AMYE
type: NamedIndividual
type: business center code
description: the FpML business center code for Yerevan, Armenia
has tag: AMYE
is member of: FpML Business Center Code Scheme
identifies: Yerevan

AOLU
type: NamedIndividual
type: business center code
description: the FpML business center code for Luanda, Angola
has tag: AOLU
is member of: FpML Business Center Code Scheme
identifies: Luanda

ARBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Buenos Aires, Argentina
has tag: ARBA
is member of: FpML Business Center Code Scheme
identifies: Buenos Aires

ATVI
type: NamedIndividual
type: business center code
description: the FpML business center code for Vienna, Austria
has tag: ATVI
is member of: FpML Business Center Code Scheme
identifies: Vienna

AUAD
type: NamedIndividual
type: business center code
description: the FpML business center code for Adelaide, Australia
has tag: AUAD
is member of: FpML Business Center Code Scheme
identifies: Adelaide

AUBR
type: NamedIndividual
type: business center code
description: the FpML business center code for Brisbane, Australia
has tag: AUBR
is member of: FpML Business Center Code Scheme
identifies: Brisbane

AUCA
type: NamedIndividual
type: business center code
description: the FpML business center code for Canberra, Australia
has tag: AUCA
is member of: FpML Business Center Code Scheme
identifies: Canberra

AUDA
type: NamedIndividual
type: business center code
description: the FpML business center code for Darwin, Australia
has tag: AUDA
is member of: FpML Business Center Code Scheme
identifies: Darwin

AUME
type: NamedIndividual
type: business center code
description: the FpML business center code for Melbourne, Australia
has tag: AUME
is member of: FpML Business Center Code Scheme
identifies: Melbourne

AUPE
type: NamedIndividual
type: business center code
description: the FpML business center code for Perth, Australia
has tag: AUPE
is member of: FpML Business Center Code Scheme
identifies: Perth

AUSY
type: NamedIndividual
type: business center code
description: the FpML business center code for Sydney, Australia
has tag: AUSY
is member of: FpML Business Center Code Scheme
identifies: Sydney

AZBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Baku, Azerbaijan
has tag: AZBA
is member of: FpML Business Center Code Scheme
identifies: Baku

Aabenraa
type: NamedIndividual
type: Municipality
is part of: Denmark

Aalborg
type: NamedIndividual
type: Municipality
is part of: Denmark

Abha
type: NamedIndividual
type: BusinessCenter
description: the international business center of Abha
is part of: SaudiArabia

Abidjan
type: NamedIndividual
type: BusinessCenter
description: the international business center of Abidjan
is part of: CoteDIvoire

Abu Dhabi business day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for Abu Dhabi
has business center: Abu Dhabi

Abu Dhabi settlement day
type: NamedIndividual
type: BusinessDayConvention
description: the settlement day adjustment convention for Abu Dhabi
has business center: Abu Dhabi

Abu Dhabi
type: NamedIndividual
type: Municipality
is part of: UnitedArabEmirates

Abuja
type: NamedIndividual
type: BusinessCenter
description: the international business center of Abuja
is part of: Nigeria

Accra
type: NamedIndividual
type: BusinessCenter
description: the international business center of Accra
is part of: Ghana

Addis Ababa
type: NamedIndividual
type: BusinessCenter
description: the international business center of Addis Ababa
is part of: Ethiopia

Adelaide
type: NamedIndividual
type: BusinessCenter
description: the international business center of Adelaide
is part of: Australia

Aden
type: NamedIndividual
type: BusinessCenter
description: the international business center of Aden
is part of: Yemen

Ahmedabad
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ahmedabad
is part of: India

Aichi
type: NamedIndividual
type: Municipality
is part of: Japan

Alberta
type: NamedIndividual
type: Municipality
is part of: Canada

Algiers
type: NamedIndividual
type: BusinessCenter
description: the international business center of Algiers
is part of: Algeria

Almaty
type: NamedIndividual
type: BusinessCenter
description: the international business center of Almaty
is part of: Kazakhstan

Amman
type: NamedIndividual
type: BusinessCenter
description: the international business center of Amman
is part of: Jordan

Amsterdam
type: NamedIndividual
type: BusinessCenter
description: the international business center of Amsterdam
is part of: Netherlands

Ankara
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ankara
is part of: Turkey

Antananarivo
type: NamedIndividual
type: Municipality
is part of: Madagascar

Antwerpen
type: NamedIndividual
type: Municipality
is part of: Belgium

Astana
type: NamedIndividual
type: Municipality
is part of: Kazakhstan

Asuncion
type: NamedIndividual
type: Municipality
is part of: Paraguay

Athens
type: NamedIndividual
type: BusinessCenter
description: the international business center of Athens
is part of: Greece

Atlanta
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Auckland
type: NamedIndividual
type: BusinessCenter
description: the international business center of Auckland
is part of: NewZealand

Aylesbury
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

BBBR
type: NamedIndividual
type: business center code
description: the FpML business center code for Bridgetown, Barbados
has tag: BBBR
is member of: FpML Business Center Code Scheme
identifies: Bridgetown

BDDH
type: NamedIndividual
type: business center code
description: the FpML business center code for Dhaka, Bangladesh
has tag: BDDH
is member of: FpML Business Center Code Scheme
identifies: Dhaka

BEBR
type: NamedIndividual
type: business center code
description: the FpML business center code for Brussels, Belgium
has tag: BEBR
is member of: FpML Business Center Code Scheme
identifies: Brussels

BGSO
type: NamedIndividual
type: business center code
description: the FpML business center code for Sofia, Bulgaria
has tag: BGSO
is member of: FpML Business Center Code Scheme
identifies: Sofia

BHMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Manama, Bahrain
has tag: BHMA
is member of: FpML Business Center Code Scheme
identifies: Manama

BMHA
type: NamedIndividual
type: business center code
description: the FpML business center code for Hamilton, Bermuda
has tag: BMHA
is member of: FpML Business Center Code Scheme
identifies: Hamilton

BNBS
type: NamedIndividual
type: business center code
description: the FpML business center code for Bandar Seri Begawan, Brunei
has tag: BNBS
is member of: FpML Business Center Code Scheme
identifies: Bandar Seri Begawan

BOLP
type: NamedIndividual
type: business center code
description: the FpML business center code for La Paz, Bolivia
has tag: BOLP
is member of: FpML Business Center Code Scheme
identifies: La Paz

BRBD
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for Brazil Business Day
has tag: BRBD
is member of: FpML Business Center Code Scheme
identifies: Brazil Business Day

BRBR
type: NamedIndividual
type: business center code
description: the FpML business center code for Brasilia, Brazil
has tag: BRBR
is member of: FpML Business Center Code Scheme
identifies: Brasilia

BRRJ
type: NamedIndividual
type: business center code
description: the FpML business center code for Rio de Janeiro, Brazil
has tag: BRRJ
is member of: FpML Business Center Code Scheme
identifies: Rio de Janeiro

BRSP
type: NamedIndividual
type: business center code
description: the FpML business center code for Sao Paulo, Brazil
has tag: BRSP
is member of: FpML Business Center Code Scheme
identifies: Sao Paulo

BSNA
type: NamedIndividual
type: business center code
description: the FpML business center code for Nassau, Bahamas
has tag: BSNA
is member of: FpML Business Center Code Scheme
identifies: Nassau

BWGA
type: NamedIndividual
type: business center code
description: the FpML business center code for Gaborone, Botswana
has tag: BWGA
is member of: FpML Business Center Code Scheme
identifies: Gaborone

BYMI
type: NamedIndividual
type: business center code
description: the FpML business center code for Minsk, Belarus
has tag: BYMI
is member of: FpML Business Center Code Scheme
identifies: Minsk

Baghdad
type: NamedIndividual
type: BusinessCenter
description: the international business center of Baghdad
is part of: Iraq

Baku
type: NamedIndividual
type: BusinessCenter
description: the international business center of Baku
is part of: Azerbaijan

Bandar Seri Begawan
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bandar Seri Begawan
is part of: BruneiDarussalam

Bangalore
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bangalore
is part of: India

Bangkok
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bangkok
is part of: Thailand

Banja Luka
type: NamedIndividual
type: Municipality
is part of: BosniaAndHerzegovina

Banjul
type: NamedIndividual
type: BusinessCenter
description: the international business center of Banjul
is part of: Gambia

Barcelona
type: NamedIndividual
type: BusinessCenter
description: the international business center of Barcelona
is part of: Spain

Basel
type: NamedIndividual
type: BusinessCenter
description: the international business center of Basel
is part of: Switzerland

Basseterre
type: NamedIndividual
type: Municipality
is part of: SaintKittsAndNevis

Bedminster
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Beijing
type: NamedIndividual
type: BusinessCenter
description: the international business center of Beijing
is part of: China

Beirut
type: NamedIndividual
type: BusinessCenter
description: the international business center of Beirut
is part of: Lebanon

Belgrade
type: NamedIndividual
type: BusinessCenter
description: the international business center of Belgrade
is part of: Serbia

Bergamo
type: NamedIndividual
type: Municipality
is part of: Italy

Bergen
type: NamedIndividual
type: Municipality
is part of: Norway

Berlin
type: NamedIndividual
type: Municipality
is part of: Germany

Bermuda
type: NamedIndividual
type: Municipality
is part of: Bermuda

Berne
type: NamedIndividual
type: Municipality
is part of: Switzerland

Biella
type: NamedIndividual
type: Municipality
is part of: Italy

Bilbao
type: NamedIndividual
type: Municipality
is part of: Spain

Birkirkara
type: NamedIndividual
type: Municipality
is part of: Malta

Bishkek
type: NamedIndividual
type: Municipality
is part of: Kyrgyzstan

Blantyre
type: NamedIndividual
type: Municipality
is part of: Malawi

Boca Raton
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Bogota
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bogota
is part of: Colombia

Bologna
type: NamedIndividual
type: Municipality
is part of: Italy

Boston
type: NamedIndividual
type: BusinessCenter
description: the international business center of Boston
is part of: UnitedStatesOfAmerica

Bradford
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

Brasilia
type: NamedIndividual
type: BusinessCenter
description: the international business center of Brasilia
is part of: Brazil

Bratislava
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bratislava
is part of: Slovakia

Brazil Business Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for the Brazil Business Day. This means a business day in any of Sao Paulo, Rio de Janeiro or Brasilia not otherwise declared as a financial market holiday by the Bolsa de Mercadorias & Futuros (BM&F)
has business center: Brasilia
has business center: Rio de Janeiro
has business center: Sao Paulo

Bremen
type: NamedIndividual
type: Municipality
is part of: Germany

Bridgetown
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bridgetown
is part of: Barbados

Brisbane
type: NamedIndividual
type: BusinessCenter
description: the international business center of Brisbane
is part of: Australia

Brno
type: NamedIndividual
type: Municipality
is part of: Czechia

Brussels
type: NamedIndividual
type: BusinessCenter
description: the international business center of Brussels
is part of: Belgium

Bryanston, Sandton
type: NamedIndividual
type: Municipality
is part of: SouthAfrica

Bucharest
type: NamedIndividual
type: BusinessCenter
description: the international business center of Bucharest
is part of: Romania

Budaors
type: NamedIndividual
type: Municipality
is part of: Hungary

Budapest
type: NamedIndividual
type: BusinessCenter
description: the international business center of Budapest
is part of: Hungary

Buenos Aires
type: NamedIndividual
type: BusinessCenter
description: the international business center of Buenos Aires
is part of: Argentina

CACL
type: NamedIndividual
type: business center code
description: the FpML business center code for Calgary, Canada
has tag: CACL
is member of: FpML Business Center Code Scheme
identifies: Calgary

CAFR
type: NamedIndividual
type: business center code
description: the FpML business center code for Fredericton, Canada
has tag: CAFR
is member of: FpML Business Center Code Scheme
identifies: Fredericton

CAMO
type: NamedIndividual
type: business center code
description: the FpML business center code for Montreal, Canada
has tag: CAMO
is member of: FpML Business Center Code Scheme
identifies: Montreal

CAOT
type: NamedIndividual
type: business center code
description: the FpML business center code for Ottawa, Canada
has tag: CAOT
is member of: FpML Business Center Code Scheme
identifies: Ottawa

CATO
type: NamedIndividual
type: business center code
description: the FpML business center code for Toronto, Canada
has tag: CATO
is member of: FpML Business Center Code Scheme
identifies: Toronto

CAVA
type: NamedIndividual
type: business center code
description: the FpML business center code for Vancouver, Canada
has tag: CAVA
is member of: FpML Business Center Code Scheme
identifies: Vancouver

CAWI
type: NamedIndividual
type: business center code
description: the FpML business center code for Winnipeg, Canada
has tag: CAWI
is member of: FpML Business Center Code Scheme
identifies: Winnipeg

CHBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Basel, Switzerland
has tag: CHBA
is member of: FpML Business Center Code Scheme
identifies: Basel

CHGE
type: NamedIndividual
type: business center code
description: the FpML business center code for Geneva, Switzerland
has tag: CHGE
is member of: FpML Business Center Code Scheme
identifies: Geneva

CHZU
type: NamedIndividual
type: business center code
description: the FpML business center code for Zurich, Switzerland
has tag: CHZU
is member of: FpML Business Center Code Scheme
identifies: Zurich

CIAB
type: NamedIndividual
type: business center code
description: the FpML business center code for Abidjan, Cote d'Ivoire
has tag: CIAB
is member of: FpML Business Center Code Scheme
identifies: Abidjan

CLSA
type: NamedIndividual
type: business center code
description: the FpML business center code for Santiago, Chile
has tag: CLSA
is member of: FpML Business Center Code Scheme
identifies: Santiago

CMYA
type: NamedIndividual
type: business center code
description: the FpML business center code for Yaounde, Cameroon
has tag: CMYA
is member of: FpML Business Center Code Scheme
identifies: Yaounde

CNBE
type: NamedIndividual
type: business center code
description: the FpML business center code for Beijing, China
has tag: CNBE
is member of: FpML Business Center Code Scheme
identifies: Beijing

CNSH
type: NamedIndividual
type: business center code
description: the FpML business center code for Shanghai, China
has tag: CNSH
is member of: FpML Business Center Code Scheme
identifies: Shanghai

COBO
type: NamedIndividual
type: business center code
description: the FpML business center code for Bogota, Colombia
has tag: COBO
is member of: FpML Business Center Code Scheme
identifies: Bogota

CRSJ
type: NamedIndividual
type: business center code
description: the FpML business center code for San Jose, Costa Rica
has tag: CRSJ
is member of: FpML Business Center Code Scheme
identifies: San Jose

CWWI
type: NamedIndividual
type: business center code
description: the FpML business center code for Willemstad, Curacao
has tag: CWWI
is member of: FpML Business Center Code Scheme
identifies: Willemstad

CYNI
type: NamedIndividual
type: business center code
description: the FpML business center code for Nicosia, Cyprus
has tag: CYNI
is member of: FpML Business Center Code Scheme
identifies: Nicosia

CZPR
type: NamedIndividual
type: business center code
description: the FpML business center code for Prague, Czech Republic
has tag: CZPR
is member of: FpML Business Center Code Scheme
identifies: Prague

Cairo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Cairo
is part of: Egypt

Calcutta
type: NamedIndividual
type: Municipality
is part of: India

Calgary
type: NamedIndividual
type: BusinessCenter
description: the international business center of Calgary
is part of: Canada

Canberra
type: NamedIndividual
type: BusinessCenter
description: the international business center of Canberra
is part of: Australia

Cape Town
type: NamedIndividual
type: Municipality
is part of: SouthAfrica

Caracas
type: NamedIndividual
type: BusinessCenter
description: the international business center of Caracas
is part of: Venezuela

Casablanca
type: NamedIndividual
type: BusinessCenter
description: the international business center of Casablanca
is part of: Morocco

Charlotte
type: NamedIndividual
type: BusinessCenter
description: the international business center of Charlotte
is part of: UnitedStatesOfAmerica

Chatham
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Chennai
type: NamedIndividual
type: BusinessCenter
description: the international business center of Chennai
is part of: India

Chicago
type: NamedIndividual
type: BusinessCenter
description: the international business center of Chicago
is part of: UnitedStatesOfAmerica

Chisinau
type: NamedIndividual
type: Municipality
is part of: Moldova

Chittagong
type: NamedIndividual
type: Municipality
is part of: Bangladesh

Chiyoda-ku
type: NamedIndividual
type: Municipality
is part of: Japan

Cluj Napoca
type: NamedIndividual
type: Municipality
is part of: Romania

Cologne
type: NamedIndividual
type: BusinessCenter
description: the international business center of Cologne
is part of: Germany

Colombo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Colombo
is part of: SriLanka

Conakry
type: NamedIndividual
type: BusinessCenter
description: the international business center of Conakry
is part of: Guinea

Copenhagen
type: NamedIndividual
type: BusinessCenter
description: the international business center of Copenhagen
is part of: Denmark

Cordoba
type: NamedIndividual
type: Municipality
is part of: Argentina

Corrientes
type: NamedIndividual
type: Municipality
is part of: Argentina

Curitiba
type: NamedIndividual
type: Municipality
is part of: Brazil

DECO
type: NamedIndividual
type: business center code
description: the FpML business center code for Cologne, Germany
has tag: DECO
is member of: FpML Business Center Code Scheme
identifies: Cologne

DEDU
type: NamedIndividual
type: business center code
description: the FpML business center code for Dusseldorf, Germany
has tag: DEDU
is member of: FpML Business Center Code Scheme
identifies: Dusseldorf

DEFR
type: NamedIndividual
type: business center code
description: the FpML business center code for Frankfurt, Germany
has tag: DEFR
is member of: FpML Business Center Code Scheme
identifies: Frankfurt

DEHA
type: NamedIndividual
type: business center code
description: the FpML business center code for Hannover, Germany
has tag: DEHA
is member of: FpML Business Center Code Scheme
identifies: Hannover

DEHH
type: NamedIndividual
type: business center code
description: the FpML business center code for Hamburg, Germany
has tag: DEHH
is member of: FpML Business Center Code Scheme
identifies: Hamburg

DELE
type: NamedIndividual
type: business center code
description: the FpML business center code for Leipzig, Germany
has tag: DELE
is member of: FpML Business Center Code Scheme
identifies: Leipzig

DEMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Mainz, Germany
has tag: DEMA
is member of: FpML Business Center Code Scheme
identifies: Mainz

DEMU
type: NamedIndividual
type: business center code
description: the FpML business center code for Munich, Germany
has tag: DEMU
is member of: FpML Business Center Code Scheme
identifies: Munich

DEST
type: NamedIndividual
type: business center code
description: the FpML business center code for Stuttgart, Germany
has tag: DEST
is member of: FpML Business Center Code Scheme
identifies: Stuttgart

DKCO
type: NamedIndividual
type: business center code
description: the FpML business center code for Copenhagen, Denmark
has tag: DKCO
is member of: FpML Business Center Code Scheme
identifies: Copenhagen

DOSD
type: NamedIndividual
type: business center code
description: the FpML business center code for Santo Domingo, Dominican Republic
has tag: DOSD
is member of: FpML Business Center Code Scheme
identifies: Santo Domingo

DZAL
type: NamedIndividual
type: business center code
description: the FpML business center code for Algiers, Algeria
has tag: DZAL
is member of: FpML Business Center Code Scheme
identifies: Algiers

Dakar
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dakar
is part of: Senegal

Dalian
type: NamedIndividual
type: Municipality
is part of: China

Dallas
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Damascus
type: NamedIndividual
type: Municipality
is part of: SyrianArabRepublic

Dar es Salaam
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dar es Salaam
is part of: Tanzania

Darwin
type: NamedIndividual
type: BusinessCenter
description: the international business center of Darwin
is part of: Australia

Denver
type: NamedIndividual
type: BusinessCenter
description: the international business center of Denver
is part of: UnitedStatesOfAmerica

Detroit
type: NamedIndividual
type: BusinessCenter
description: the international business center of Detroit
is part of: UnitedStatesOfAmerica

Dhaka
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dhaka
is part of: Bangladesh

Dnipropetrovsk
type: NamedIndividual
type: Municipality
is part of: Ukraine

Dodoma
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dodoma
is part of: Tanzania

Doha
type: NamedIndividual
type: BusinessCenter
description: the international business center of Doha
is part of: Qatar

Douala
type: NamedIndividual
type: Municipality
is part of: Cameroon

Downers Grove
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Dubai
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dubai
is part of: UnitedArabEmirates

Dublin
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dublin
is part of: Ireland

Dusseldorf
type: NamedIndividual
type: BusinessCenter
description: the international business center of Dusseldorf
is part of: Germany

ECGU
type: NamedIndividual
type: business center code
description: the FpML business center code for Guayaquil, Ecuador
has tag: ECGU
is member of: FpML Business Center Code Scheme
identifies: Guayaquil

EETA
type: NamedIndividual
type: business center code
description: the FpML business center code for Tallinn, Estonia
has tag: EETA
is member of: FpML Business Center Code Scheme
identifies: Tallinn

EGCA
type: NamedIndividual
type: business center code
description: the FpML business center code for Cairo, Egypt
has tag: EGCA
is member of: FpML Business Center Code Scheme
identifies: Cairo

ESAS
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for ESAS Settlement Day (as defined in 2006 ISDA Definitions Section 7.1 and Supplement Number 15 to the 2000 ISDA Definitions)
has tag: ESAS
is member of: FpML Business Center Code Scheme
identifies: ESAS Settlement Day

ESAS Settlement Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for the ESAS Settlement Day (as defined in 2006 ISDA Definitions Section 7.1 and Supplement Number 15 to the 2000 ISDA Definitions)
explanatory note: ESAS is the Reserve Bank of New Zealand's Exchange Settlement Account System which is used by banks and other approved financial institutions to settle their obligations on a Real-Time Gross Settlement (RTGS) basis.
has business center: Wellington

ESBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Barcelona, Spain
has tag: ESBA
is member of: FpML Business Center Code Scheme
identifies: Barcelona

ESMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Madrid, Spain
has tag: ESMA
is member of: FpML Business Center Code Scheme
identifies: Madrid

ESSS
type: NamedIndividual
type: business center code
description: the FpML business center code for San Sebastian, Spain
has tag: ESSS
is member of: FpML Business Center Code Scheme
identifies: San Sebastian

ETAA
type: NamedIndividual
type: business center code
description: the FpML business center code for Addis Ababa, Ethiopia
has tag: ETAA
is member of: FpML Business Center Code Scheme
identifies: Addis Ababa

EUTA
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for TARGET Settlement Day
has tag: EUTA
is member of: FpML Business Center Code Scheme
identifies: TARGET Settlement Day

Ebene
type: NamedIndividual
type: Municipality
is part of: Mauritius

Eden Island
type: NamedIndividual
type: Municipality
is part of: Seychelles

Edinburgh
type: NamedIndividual
type: BusinessCenter
description: the international business center of Edinburgh
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

Ekaterinburg
type: NamedIndividual
type: Municipality
is part of: RussianFederation

El Salvador
type: NamedIndividual
type: Municipality
is part of: ElSalvador

Esch-sur-alzette
type: NamedIndividual
type: Municipality
is part of: Luxembourg

Eschborn
type: NamedIndividual
type: Municipality
is part of: Germany

Espirito Santo
type: NamedIndividual
type: Municipality
is part of: Brazil

Espoo
type: NamedIndividual
type: Municipality
is part of: Finland

FIHE
type: NamedIndividual
type: business center code
description: the FpML business center code for Helsinki, Finland
has tag: FIHE
is member of: FpML Business Center Code Scheme
identifies: Helsinki

FRPA
type: NamedIndividual
type: business center code
description: the FpML business center code for Paris, France
has tag: FRPA
is member of: FpML Business Center Code Scheme
identifies: Paris

Fiac
type: NamedIndividual
type: Municipality
is part of: France

Firenze
type: NamedIndividual
type: Municipality
is part of: Italy

Florence
type: NamedIndividual
type: Municipality
is part of: Italy

FpML Business Center Code Scheme
type: NamedIndividual
type: business center code set
description: the coding scheme used to define a set of codes for municipalities, or business centers, or business day adjustments for FpML
adapted from: http://www.fpml.org/coding-scheme/business-center

Frankfurt
type: NamedIndividual
type: BusinessCenter
description: the international business center of Frankfurt
is part of: Germany

Fredericton
type: NamedIndividual
type: BusinessCenter
description: the international business center of Fredericton
is part of: Canada

Freetown
type: NamedIndividual
type: BusinessCenter
description: the international business center of Freetown
is part of: SierraLeone

Fukuoka
type: NamedIndividual
type: Municipality
is part of: Japan

GBED
type: NamedIndividual
type: business center code
description: the FpML business center code for Edinburgh, Scotland
has tag: GBED
is member of: FpML Business Center Code Scheme
identifies: Edinburgh

GBLO
type: NamedIndividual
type: business center code
description: the FpML business center code for London, United Kingdom
has tag: GBLO
is member of: FpML Business Center Code Scheme
identifies: London

GETB
type: NamedIndividual
type: business center code
description: the FpML business center code for Tbilisi, Georgia
has tag: GETB
is member of: FpML Business Center Code Scheme
identifies: Tbilisi

GGSP
type: NamedIndividual
type: business center code
description: the FpML business center code for Saint Peter Port, Guernsey
has tag: GGSP
is member of: FpML Business Center Code Scheme
identifies: Saint Peter Port

GHAC
type: NamedIndividual
type: business center code
description: the FpML business center code for Accra, Ghana
has tag: GHAC
is member of: FpML Business Center Code Scheme
identifies: Accra

GMBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Banjul, Gambia
has tag: GMBA
is member of: FpML Business Center Code Scheme
identifies: Banjul

GNCO
type: NamedIndividual
type: business center code
description: the FpML business center code for Conakry, Guinea
has tag: GNCO
is member of: FpML Business Center Code Scheme
identifies: Conakry

GRAT
type: NamedIndividual
type: business center code
description: the FpML business center code for Athens, Greece
has tag: GRAT
is member of: FpML Business Center Code Scheme
identifies: Athens

GUGC
type: NamedIndividual
type: business center code
description: the FpML business center code for Guatemala City, Guatemala
has tag: GUGC
is member of: FpML Business Center Code Scheme
identifies: Guatemala City

Gaborone
type: NamedIndividual
type: BusinessCenter
description: the international business center of Gaborone
is part of: Botswana

Gandhinagar
type: NamedIndividual
type: Municipality
is part of: India

Geneva
type: NamedIndividual
type: BusinessCenter
description: the international business center of Geneva
is part of: Switzerland

Genova
type: NamedIndividual
type: Municipality
is part of: Italy

George Town
type: NamedIndividual
type: BusinessCenter
description: the international business center of George Town
is part of: CaymanIslands

Georgetown
type: NamedIndividual
type: Municipality
is part of: Guyana

Gibraltar
type: NamedIndividual
type: Municipality
is part of: Gibraltar

Gift City
type: NamedIndividual
type: Municipality
is part of: India

Glenview
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Great Neck
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Greenwich
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Grindsted
type: NamedIndividual
type: Municipality
is part of: Denmark

Guangzhou
type: NamedIndividual
type: Municipality
is part of: China

Guatemala City
type: NamedIndividual
type: BusinessCenter
description: the international business center of Guatemala City
is part of: Guatemala

Guayaquil
type: NamedIndividual
type: BusinessCenter
description: the international business center of Guayaquil
is part of: Ecuador

Guaynabo
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Guildford
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

HKHK
type: NamedIndividual
type: business center code
description: the FpML business center code for Hong Kong, Hong Kong
has tag: HKHK
is member of: FpML Business Center Code Scheme
identifies: Hong Kong

HNTE
type: NamedIndividual
type: business center code
description: the FpML business center code for Tegucigalpa, Honduras
has tag: HNTE
is member of: FpML Business Center Code Scheme
identifies: Tegucigalpa

HRZA
type: NamedIndividual
type: business center code
description: the FpML business center code for Zagreb, Republic of Croatia
has tag: HRZA
is member of: FpML Business Center Code Scheme
identifies: Zagreb

HUBU
type: NamedIndividual
type: business center code
description: the FpML business center code for Budapest, Hungary
has tag: HUBU
is member of: FpML Business Center Code Scheme
identifies: Budapest

Hamburg
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hamburg
is part of: Germany

Hamilton
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hamilton
is part of: Bermuda

Hannover
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hannover
is part of: Germany

Hanoi
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hanoi
is part of: VietNam

Harare
type: NamedIndividual
type: BusinessCenter
description: the international business center of Harare
is part of: Zimbabwe

Helsinki
type: NamedIndividual
type: BusinessCenter
description: the international business center of Helsinki
is part of: Finland

Hiroshima
type: NamedIndividual
type: Municipality
is part of: Japan

Ho Chi Minh City
type: NamedIndividual
type: Municipality
is part of: VietNam

Ho Chi Minh (formerly Saigon)
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ho Chi Minh (formerly Saigon)
is part of: VietNam

Hong Kong
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hong Kong
is part of: HongKong

Honolulu
type: NamedIndividual
type: BusinessCenter
description: the international business center of Honolulu
is part of: UnitedStatesOfAmerica

Horsens
type: NamedIndividual
type: Municipality
is part of: Denmark

Houston
type: NamedIndividual
type: BusinessCenter
description: the international business center of Houston
is part of: UnitedStatesOfAmerica

Hove
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

Hradec Kralove
type: NamedIndividual
type: Municipality
is part of: Czechia

Hyderabad
type: NamedIndividual
type: BusinessCenter
description: the international business center of Hyderabad
is part of: India

IDJA
type: NamedIndividual
type: business center code
description: the FpML business center code for Jakarta, Indonesia
has tag: IDJA
is member of: FpML Business Center Code Scheme
identifies: Jakarta

IEDU
type: NamedIndividual
type: business center code
description: the FpML business center code for Dublin, Ireland
has tag: IEDU
is member of: FpML Business Center Code Scheme
identifies: Dublin

ILJE
type: NamedIndividual
type: business center code
description: the FpML business center code for Jerusalem, Israel
has tag: ILJE
is member of: FpML Business Center Code Scheme
identifies: Jerusalem

ILTA
type: NamedIndividual
type: business center code
description: the FpML business center code for Tel Aviv, Israel
has tag: ILTA
is member of: FpML Business Center Code Scheme
identifies: Tel Aviv

INAH
type: NamedIndividual
type: business center code
description: the FpML business center code for Ahmedabad, India
has tag: INAH
is member of: FpML Business Center Code Scheme
identifies: Ahmedabad

INBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Bangalore, India
has tag: INBA
is member of: FpML Business Center Code Scheme
identifies: Bangalore

INCH
type: NamedIndividual
type: business center code
description: the FpML business center code for Chennai, India
has tag: INCH
is member of: FpML Business Center Code Scheme
identifies: Chennai

INHY
type: NamedIndividual
type: business center code
description: the FpML business center code for Hyderabad, India
has tag: INHY
is member of: FpML Business Center Code Scheme
identifies: Hyderabad

INKO
type: NamedIndividual
type: business center code
description: the FpML business center code for Kolkata, India
has tag: INKO
is member of: FpML Business Center Code Scheme
identifies: Kolkata

INMU
type: NamedIndividual
type: business center code
description: the FpML business center code for Mumbai, India
has tag: INMU
is member of: FpML Business Center Code Scheme
identifies: Mumbai

INND
type: NamedIndividual
type: business center code
description: the FpML business center code for New Delhi, India
has tag: INND
is member of: FpML Business Center Code Scheme
identifies: New Delhi

IQBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Baghdad, Iraq
has tag: IQBA
is member of: FpML Business Center Code Scheme
identifies: Baghdad

IRTE
type: NamedIndividual
type: business center code
description: the FpML business center code for Teheran, Iran
has tag: IRTE
is member of: FpML Business Center Code Scheme
identifies: Teheran

ISRE
type: NamedIndividual
type: business center code
description: the FpML business center code for Reykjavik, Iceland
has tag: ISRE
is member of: FpML Business Center Code Scheme
identifies: Reykjavik

ITMI
type: NamedIndividual
type: business center code
description: the FpML business center code for Milan, Italy
has tag: ITMI
is member of: FpML Business Center Code Scheme
identifies: Milan

ITRO
type: NamedIndividual
type: business center code
description: the FpML business center code for Rome, Italy
has tag: ITRO
is member of: FpML Business Center Code Scheme
identifies: Rome

ITTU
type: NamedIndividual
type: business center code
description: the FpML business center code for Turin, Italy
has tag: ITTU
is member of: FpML Business Center Code Scheme
identifies: Turin

Indore Madhya Pradesh
type: NamedIndividual
type: Municipality
is part of: India

Islamabad
type: NamedIndividual
type: Municipality
is part of: Pakistan

Istanbul
type: NamedIndividual
type: BusinessCenter
description: the international business center of Istanbul
is part of: Turkey

Izmir
type: NamedIndividual
type: Municipality
is part of: Turkey

JESH
type: NamedIndividual
type: business center code
description: the FpML business center code for St. Helier, Channel Islands, Jersey
has tag: JESH
is member of: FpML Business Center Code Scheme
identifies: St. Helier

JMKI
type: NamedIndividual
type: business center code
description: the FpML business center code for Kingston, Jamaica
has tag: JMKI
is member of: FpML Business Center Code Scheme
identifies: Kingston

JOAM
type: NamedIndividual
type: business center code
description: the FpML business center code for Amman, Jordan
has tag: JOAM
is member of: FpML Business Center Code Scheme
identifies: Amman

JPTO
type: NamedIndividual
type: business center code
description: the FpML business center code for Tokyo, Japan
has tag: JPTO
is member of: FpML Business Center Code Scheme
identifies: Tokyo

Jaen
type: NamedIndividual
type: Municipality
is part of: Spain

Jakarta
type: NamedIndividual
type: BusinessCenter
description: the international business center of Jakarta
is part of: Indonesia

Jeddah
type: NamedIndividual
type: BusinessCenter
description: the international business center of Jeddah
is part of: SaudiArabia

Jersey City
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Jerusalem
type: NamedIndividual
type: BusinessCenter
description: the international business center of Jerusalem
is part of: Israel

Johannesburg
type: NamedIndividual
type: BusinessCenter
description: the international business center of Johannesburg
is part of: SouthAfrica

KENA
type: NamedIndividual
type: business center code
description: the FpML business center code for Nairobi, Kenya
has tag: KENA
is member of: FpML Business Center Code Scheme
identifies: Nairobi

KHPP
type: NamedIndividual
type: business center code
description: the FpML business center code for Phnom Penh, Cambodia
has tag: KHPP
is member of: FpML Business Center Code Scheme
identifies: Phnom Penh

KRSE
type: NamedIndividual
type: business center code
description: the FpML business center code for Seoul, Republic of Korea
has tag: KRSE
is member of: FpML Business Center Code Scheme
identifies: Seoul

KWKC
type: NamedIndividual
type: business center code
description: the FpML business center code for Kuwait City, Kuwait
has tag: KWKC
is member of: FpML Business Center Code Scheme
identifies: Kuwait City

KYGE
type: NamedIndividual
type: business center code
description: the FpML business center code for George Town, Cayman Islands
has tag: KYGE
is member of: FpML Business Center Code Scheme
identifies: George Town

KZAL
type: NamedIndividual
type: business center code
description: the FpML business center code for Almaty, Kazakhstan
has tag: KZAL
is member of: FpML Business Center Code Scheme
identifies: Almaty

Kampala
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kampala
is part of: Uganda

Kansas City
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Karachi
type: NamedIndividual
type: BusinessCenter
description: the international business center of Karachi
is part of: Pakistan

Kathmandu
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kathmandu
is part of: Nepal

Kharkov
type: NamedIndividual
type: Municipality
is part of: Ukraine

Khartoum
type: NamedIndividual
type: Municipality
is part of: Sudan

Kiel
type: NamedIndividual
type: Municipality
is part of: Germany

Kiev
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kiev
is part of: Ukraine

Kigali
type: NamedIndividual
type: Municipality
is part of: Rwanda

Kingston
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kingston
is part of: Jamaica

Kingstown
type: NamedIndividual
type: Municipality
is part of: SaintVincentAndTheGrenadines

Klagenfurt Am Woerthersee
type: NamedIndividual
type: Municipality
is part of: Austria

Kobe
type: NamedIndividual
type: Municipality
is part of: Japan

Kolkata
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kolkata
is part of: India

Kongsvinger
type: NamedIndividual
type: Municipality
is part of: Norway

Krakow
type: NamedIndividual
type: Municipality
is part of: Poland

Kuala Lumpur
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kuala Lumpur
is part of: Malaysia

Kuwait City
type: NamedIndividual
type: BusinessCenter
description: the international business center of Kuwait City
is part of: Kuwait

Kyoto
type: NamedIndividual
type: Municipality
is part of: Japan

LAVI
type: NamedIndividual
type: business center code
description: the FpML business center code for Vientiane, Laos
has tag: LAVI
is member of: FpML Business Center Code Scheme
identifies: Vientiane

LBBE
type: NamedIndividual
type: business center code
description: the FpML business center code for Beirut, Lebanon
has tag: LBBE
is member of: FpML Business Center Code Scheme
identifies: Beirut

LKCO
type: NamedIndividual
type: business center code
description: the FpML business center code for Colombo, Sri Lanka
has tag: LKCO
is member of: FpML Business Center Code Scheme
identifies: Colombo

LULU
type: NamedIndividual
type: business center code
description: the FpML business center code for Luxembourg, Luxembourg
has tag: LULU
is member of: FpML Business Center Code Scheme
identifies: Luxembourg

LVRI
type: NamedIndividual
type: business center code
description: the FpML business center code for Riga, Latvia
has tag: LVRI
is member of: FpML Business Center Code Scheme
identifies: Riga

La Paz
type: NamedIndividual
type: BusinessCenter
description: the international business center of La Paz
is part of: Bolivia

Labuan
type: NamedIndividual
type: BusinessCenter
description: the international business center of Labuan
is part of: Malaysia

Lagos
type: NamedIndividual
type: BusinessCenter
description: the international business center of Lagos
is part of: Nigeria

Lahore
type: NamedIndividual
type: Municipality
is part of: Pakistan

Lane Cove
type: NamedIndividual
type: Municipality
is part of: Australia

Lao
type: NamedIndividual
type: Municipality
is part of: LaoPeoplesDemocraticRepublic

Larnaca
type: NamedIndividual
type: Municipality
is part of: Cyprus

Leipzig
type: NamedIndividual
type: BusinessCenter
description: the international business center of Leipzig
is part of: Germany

Lenexa
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Leuven
type: NamedIndividual
type: Municipality
is part of: Belgium

Lilongwe
type: NamedIndividual
type: BusinessCenter
description: the international business center of Lilongwe
is part of: Malawi

Lima
type: NamedIndividual
type: BusinessCenter
description: the international business center of Lima
is part of: Peru

Limassol
type: NamedIndividual
type: Municipality
is part of: Cyprus

Linz
type: NamedIndividual
type: Municipality
is part of: Austria

Lisbon
type: NamedIndividual
type: BusinessCenter
description: the international business center of Lisbon
is part of: Portugal

Ljubljana
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ljubljana
is part of: Slovenia

London
type: NamedIndividual
type: BusinessCenter
description: the international business center of London
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

Los Angeles
type: NamedIndividual
type: BusinessCenter
description: the international business center of Los Angeles
is part of: UnitedStatesOfAmerica

Luanda
type: NamedIndividual
type: BusinessCenter
description: the international business center of Luanda
is part of: Angola

Lusaka
type: NamedIndividual
type: BusinessCenter
description: the international business center of Lusaka
is part of: Zambia

Luxembourg
type: NamedIndividual
type: BusinessCenter
description: the international business center of Luxembourg
is part of: Luxembourg

Luzern
type: NamedIndividual
type: Municipality
is part of: Switzerland

MACA
type: NamedIndividual
type: business center code
description: the FpML business center code for Casablanca, Morocco
has tag: MACA
is member of: FpML Business Center Code Scheme
identifies: Casablanca

MARA
type: NamedIndividual
type: business center code
description: the FpML business center code for Rabat, Morocco
has tag: MARA
is member of: FpML Business Center Code Scheme
identifies: Rabat

MCMO
type: NamedIndividual
type: business center code
description: the FpML business center code for Monaco, Monaco
has tag: MCMO
is member of: FpML Business Center Code Scheme
identifies: Monaco

MNUB
type: NamedIndividual
type: business center code
description: the FpML business center code for Ulan Bator, Mongolia
has tag: MNUB
is member of: FpML Business Center Code Scheme
identifies: Ulan Bator

MOMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Macau, Macao
has tag: MOMA
is member of: FpML Business Center Code Scheme
identifies: Macau

MTVA
type: NamedIndividual
type: business center code
description: the FpML business center code for Valletta, Malta
has tag: MTVA
is member of: FpML Business Center Code Scheme
identifies: Valletta

MUPL
type: NamedIndividual
type: business center code
description: the FpML business center code for Port Louis, Mauritius
has tag: MUPL
is member of: FpML Business Center Code Scheme
identifies: Port Louis

MVMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Male, Maldives
has tag: MVMA
is member of: FpML Business Center Code Scheme
identifies: Male

MWLI
type: NamedIndividual
type: business center code
description: the FpML business center code for Lilongwe, Malawi
has tag: MWLI
is member of: FpML Business Center Code Scheme
identifies: Lilongwe

MXMC
type: NamedIndividual
type: business center code
description: the FpML business center code for Mexico City, Mexico
has tag: MXMC
is member of: FpML Business Center Code Scheme
identifies: Mexico City

MYKL
type: NamedIndividual
type: business center code
description: the FpML business center code for Kuala Lumpur, Malaysia
has tag: MYKL
is member of: FpML Business Center Code Scheme
identifies: Kuala Lumpur

MYLA
type: NamedIndividual
type: business center code
description: the FpML business center code for Labuan, Malaysia
has tag: MYLA
is member of: FpML Business Center Code Scheme
identifies: Labuan

MZMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Maputo, Mozambique
has tag: MZMA
is member of: FpML Business Center Code Scheme
identifies: Maputo

Macau
type: NamedIndividual
type: BusinessCenter
description: the international business center of Macau
is part of: Macao

Madras
type: NamedIndividual
type: Municipality
is part of: India

Madrid
type: NamedIndividual
type: BusinessCenter
description: the international business center of Madrid
is part of: Spain

Mainz
type: NamedIndividual
type: BusinessCenter
description: the international business center of Mainz
is part of: Germany

Makati
type: NamedIndividual
type: BusinessCenter
description: the international business center of Makati
is part of: Philippines

Makati City
type: NamedIndividual
type: Municipality
is part of: Philippines

Male
type: NamedIndividual
type: BusinessCenter
description: the international business center of Male
is part of: Maldives

Managua
type: NamedIndividual
type: Municipality
is part of: Nicaragua

Manama
type: NamedIndividual
type: BusinessCenter
description: the international business center of Manama
is part of: Bahrain

Manila
type: NamedIndividual
type: BusinessCenter
description: the international business center of Manila
is part of: Philippines

Maputo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Maputo
is part of: Mozambique

Maringa
type: NamedIndividual
type: Municipality
is part of: Brazil

Mbabane
type: NamedIndividual
type: Municipality
is part of: Eswatini

Melbourne
type: NamedIndividual
type: BusinessCenter
description: the international business center of Melbourne
is part of: Australia

Mendoza
type: NamedIndividual
type: Municipality
is part of: Argentina

Mexico City
type: NamedIndividual
type: BusinessCenter
description: the international business center of Mexico City
is part of: Mexico

Miami
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Milan
type: NamedIndividual
type: BusinessCenter
description: the international business center of Milan
is part of: Italy

Milton Keynes
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

Minneapolis
type: NamedIndividual
type: BusinessCenter
description: the international business center of Minneapolis
is part of: UnitedStatesOfAmerica

Minsk
type: NamedIndividual
type: BusinessCenter
description: the international business center of Minsk
is part of: Belarus

Mobile
type: NamedIndividual
type: BusinessCenter
description: the international business center of Mobile
is part of: UnitedStatesOfAmerica

Monaco
type: NamedIndividual
type: BusinessCenter
description: the international business center of Monaco
is part of: Monaco

Montenegro
type: NamedIndividual
type: Municipality
is part of: Montenegro

Montevideo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Montevideo
is part of: Uruguay

Montreal
type: NamedIndividual
type: BusinessCenter
description: the international business center of Montreal
is part of: Canada

Moorpark
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Moscow
type: NamedIndividual
type: BusinessCenter
description: the international business center of Moscow
is part of: RussianFederation

Mount Pleasant
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Mumbai
type: NamedIndividual
type: BusinessCenter
description: the international business center of Mumbai
is part of: India

Munich
type: NamedIndividual
type: BusinessCenter
description: the international business center of Munich
is part of: Germany

Muscat
type: NamedIndividual
type: BusinessCenter
description: the international business center of Muscat
is part of: Oman

NAWI
type: NamedIndividual
type: business center code
description: the FpML business center code for Windhoek, Namibia
has tag: NAWI
is member of: FpML Business Center Code Scheme
identifies: Windhoek

NGAB
type: NamedIndividual
type: business center code
description: the FpML business center code for Abuja, Nigeria
has tag: NGAB
is member of: FpML Business Center Code Scheme
identifies: Abuja

NGLA
type: NamedIndividual
type: business center code
description: the FpML business center code for Lagos, Nigeria
has tag: NGLA
is member of: FpML Business Center Code Scheme
identifies: Lagos

NLAM
type: NamedIndividual
type: business center code
description: the FpML business center code for Amsterdam, Netherlands
has tag: NLAM
is member of: FpML Business Center Code Scheme
identifies: Amsterdam

NLRO
type: NamedIndividual
type: business center code
description: the FpML business center code for Rotterdam, Netherlands
has tag: NLRO
is member of: FpML Business Center Code Scheme
identifies: Rotterdam

NOOS
type: NamedIndividual
type: business center code
description: the FpML business center code for Oslo, Norway
has tag: NOOS
is member of: FpML Business Center Code Scheme
identifies: Oslo

NPKA
type: NamedIndividual
type: business center code
description: the FpML business center code for Kathmandu, Nepal
has tag: NPKA
is member of: FpML Business Center Code Scheme
identifies: Kathmandu

NYFD
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for New York Fed Business Day (as defined in 2006 ISDA Definitions Section 1.9 and 2000 ISDA Definitions Section 1.9)
has tag: NYFD
is member of: FpML Business Center Code Scheme
identifies: New York Federal Reserve Business Day

NYSE
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for New York Stock Exchange Business Day (as defined in 2006 ISDA Definitions Section 1.10 and 2000 ISDA Definitions Section 1.10)
has tag: NYSE
is member of: FpML Business Center Code Scheme
identifies: New York Stock Exchange Business Day

NZAU
type: NamedIndividual
type: business center code
description: the FpML business center code for Auckland, New Zealand
has tag: NZAU
is member of: FpML Business Center Code Scheme
identifies: Auckland

NZWE
type: NamedIndividual
type: business center code
description: the FpML business center code for Wellington, New Zealand
has tag: NZWE
is member of: FpML Business Center Code Scheme
identifies: Wellington

Nablus
type: NamedIndividual
type: Municipality
is part of: Palestine

Nacka
type: NamedIndividual
type: Municipality
is part of: Sweden

Nagoya
type: NamedIndividual
type: Municipality
is part of: Japan

Nairobi
type: NamedIndividual
type: BusinessCenter
description: the international business center of Nairobi
is part of: Kenya

Narberth
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Nasau
type: NamedIndividual
type: Municipality
is part of: Bahamas

Nassau
type: NamedIndividual
type: BusinessCenter
description: the international business center of Nassau
is part of: Bahamas

New York Federal Reserve Business Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for the New York Fed
has business center: New York

New York Stock Exchange Business Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for the New York Stock Exchange
has business center: New York

New Delhi
type: NamedIndividual
type: BusinessCenter
description: the international business center of New Delhi
is part of: India

New York
type: NamedIndividual
type: BusinessCenter
description: the international business center of New York
is part of: UnitedStatesOfAmerica

Newcastle
type: NamedIndividual
type: Municipality
is part of: Australia

Nicosia
type: NamedIndividual
type: BusinessCenter
description: the international business center of Nicosia
is part of: Cyprus

Nigita
type: NamedIndividual
type: Municipality
is part of: Japan

Nizhniy Novgorod
type: NamedIndividual
type: Municipality
is part of: RussianFederation

North Bergen
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Novosibirsk
type: NamedIndividual
type: Municipality
is part of: RussianFederation

Nyon
type: NamedIndividual
type: Municipality
is part of: Switzerland

OMMU
type: NamedIndividual
type: business center code
description: the FpML business center code for Muscat, Oman
has tag: OMMU
is member of: FpML Business Center Code Scheme
identifies: Muscat

Odessa
type: NamedIndividual
type: Municipality
is part of: Ukraine

Oldenburg
type: NamedIndividual
type: Municipality
is part of: Germany

Osaka
type: NamedIndividual
type: Municipality
is part of: Japan

Oslo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Oslo
is part of: Norway

Oststeinbek
type: NamedIndividual
type: Municipality
is part of: Germany

Ottawa
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ottawa
is part of: Canada

PAPC
type: NamedIndividual
type: business center code
description: the FpML business center code for Panama City, Panama
has tag: PAPC
is member of: FpML Business Center Code Scheme
identifies: Panama City

PELI
type: NamedIndividual
type: business center code
description: the FpML business center code for Lima, Peru
has tag: PELI
is member of: FpML Business Center Code Scheme
identifies: Lima

PHMA
type: NamedIndividual
type: business center code
description: the FpML business center code for Manila, Philippines
has tag: PHMA
is member of: FpML Business Center Code Scheme
identifies: Manila

PHMK
type: NamedIndividual
type: business center code
description: the FpML business center code for Makati, Philippines
has tag: PHMK
is member of: FpML Business Center Code Scheme
identifies: Makati

PKKA
type: NamedIndividual
type: business center code
description: the FpML business center code for Karachi, Pakistan
has tag: PKKA
is member of: FpML Business Center Code Scheme
identifies: Karachi

PLWA
type: NamedIndividual
type: business center code
description: the FpML business center code for Warsaw, Poland
has tag: PLWA
is member of: FpML Business Center Code Scheme
identifies: Warsaw

PRSJ
type: NamedIndividual
type: business center code
description: the FpML business center code for San Juan, Puerto Rico
has tag: PRSJ
is member of: FpML Business Center Code Scheme
identifies: San Juan

PTLI
type: NamedIndividual
type: business center code
description: the FpML business center code for Lisbon, Portugal
has tag: PTLI
is member of: FpML Business Center Code Scheme
identifies: Lisbon

Padova
type: NamedIndividual
type: Municipality
is part of: Italy

Palma De Mallorca
type: NamedIndividual
type: Municipality
is part of: Spain

Panama City
type: NamedIndividual
type: BusinessCenter
description: the international business center of Panama City
is part of: Panama

Paris
type: NamedIndividual
type: BusinessCenter
description: the international business center of Paris
is part of: France

Pasig City
type: NamedIndividual
type: Municipality
is part of: Philippines

Perth
type: NamedIndividual
type: BusinessCenter
description: the international business center of Perth
is part of: Australia

Philadelphia
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Phnom Penh
type: NamedIndividual
type: BusinessCenter
description: the international business center of Phnom Penh
is part of: Cambodia

Phoenix
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Podgorica
type: NamedIndividual
type: Municipality
is part of: Montenegro

Polokwane
type: NamedIndividual
type: Municipality
is part of: SouthAfrica

Port Louis
type: NamedIndividual
type: BusinessCenter
description: the international business center of Port Louis
is part of: Mauritius

Port Moresby
type: NamedIndividual
type: Municipality
is part of: PapuaNewGuinea

Port Vila
type: NamedIndividual
type: Municipality
is part of: Vanuatu

Port of Spain
type: NamedIndividual
type: BusinessCenter
description: the international business center of Port of Spain
is part of: TrinidadAndTobago

Portland
type: NamedIndividual
type: BusinessCenter
description: the international business center of Portland
is part of: UnitedStatesOfAmerica

Porto
type: NamedIndividual
type: Municipality
is part of: Portugal

Prague
type: NamedIndividual
type: BusinessCenter
description: the international business center of Prague
is part of: Czechia

Praia
type: NamedIndividual
type: Municipality
is part of: CaboVerde

Princeton
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Purchase
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

QADO
type: NamedIndividual
type: business center code
description: the FpML business center code for Doha, Qatar
has tag: QADO
is member of: FpML Business Center Code Scheme
identifies: Doha

Quito
type: NamedIndividual
type: Municipality
is part of: Ecuador

ROBU
type: NamedIndividual
type: business center code
description: the FpML business center code for Bucharest, Romania
has tag: ROBU
is member of: FpML Business Center Code Scheme
identifies: Bucharest

RSBE
type: NamedIndividual
type: business center code
description: the FpML business center code for Belgrade, Serbia
has tag: RSBE
is member of: FpML Business Center Code Scheme
identifies: Belgrade

RUMO
type: NamedIndividual
type: business center code
description: the FpML business center code for Moscow, Russian Federation
has tag: RUMO
is member of: FpML Business Center Code Scheme
identifies: Moscow

Rabat
type: NamedIndividual
type: BusinessCenter
description: the international business center of Rabat
is part of: Morocco

Randers
type: NamedIndividual
type: Municipality
is part of: Denmark

Red Bank
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Regensburg
type: NamedIndividual
type: Municipality
is part of: Germany

Reggio Emilia
type: NamedIndividual
type: Municipality
is part of: Italy

Reykjavik
type: NamedIndividual
type: BusinessCenter
description: the international business center of Reykjavik
is part of: Iceland

Riga
type: NamedIndividual
type: BusinessCenter
description: the international business center of Riga
is part of: Latvia

Rio de Janeiro
type: NamedIndividual
type: BusinessCenter
description: the international business center of Rio de Janeiro
is part of: Brazil

Riyadh
type: NamedIndividual
type: BusinessCenter
description: the international business center of Riyadh
is part of: SaudiArabia

Road Town
type: NamedIndividual
type: BusinessCenter
description: the international business center of Road Town
is part of: VirginIslandsBritish

Rodgau
type: NamedIndividual
type: Municipality
is part of: Germany

Rome
type: NamedIndividual
type: BusinessCenter
description: the international business center of Rome
is part of: Italy

Rosario
type: NamedIndividual
type: Municipality
is part of: Argentina

Rostov
type: NamedIndividual
type: Municipality
is part of: RussianFederation

Rotterdam
type: NamedIndividual
type: BusinessCenter
description: the international business center of Rotterdam
is part of: Netherlands

S-hertogenbosch
type: NamedIndividual
type: Municipality
is part of: Netherlands

SAAB
type: NamedIndividual
type: business center code
description: the FpML business center code for Abha, Saudi Arabia
has tag: SAAB
is member of: FpML Business Center Code Scheme
identifies: Abha

SAJE
type: NamedIndividual
type: business center code
description: the FpML business center code for Jeddah, Saudi Arabia
has tag: SAJE
is member of: FpML Business Center Code Scheme
identifies: Jeddah

SARI
type: NamedIndividual
type: business center code
description: the FpML business center code for Riyadh, Saudi Arabia
has tag: SARI
is member of: FpML Business Center Code Scheme
identifies: Riyadh

SEST
type: NamedIndividual
type: business center code
description: the FpML business center code for Stockholm, Sweden
has tag: SEST
is member of: FpML Business Center Code Scheme
identifies: Stockholm

SGSI
type: NamedIndividual
type: business center code
description: the FpML business center code for Singapore, Singapore
has tag: SGSI
is member of: FpML Business Center Code Scheme
identifies: Singapore

SILJ
type: NamedIndividual
type: business center code
description: the FpML business center code for Ljubljana, Slovenia
has tag: SILJ
is member of: FpML Business Center Code Scheme
identifies: Ljubljana

SKBR
type: NamedIndividual
type: business center code
description: the FpML business center code for Bratislava, Slovakia
has tag: SKBR
is member of: FpML Business Center Code Scheme
identifies: Bratislava

SLFR
type: NamedIndividual
type: business center code
description: the FpML business center code for Freetown, Sierra Leone
has tag: SLFR
is member of: FpML Business Center Code Scheme
identifies: Freetown

SNDA
type: NamedIndividual
type: business center code
description: the FpML business center code for Dakar, Senegal
has tag: SNDA
is member of: FpML Business Center Code Scheme
identifies: Dakar

SVSS
type: NamedIndividual
type: business center code
description: the FpML business center code for San Salvador, El Salvador
has tag: SVSS
is member of: FpML Business Center Code Scheme
identifies: San Salvador

Sabadell
type: NamedIndividual
type: Municipality
is part of: Spain

Sacramento
type: NamedIndividual
type: BusinessCenter
description: the international business center of Sacramento
is part of: UnitedStatesOfAmerica

Saint Peter Port
type: NamedIndividual
type: BusinessCenter
description: the international business center of Saint Peter Port
is part of: Guernsey

Saint Petersburg
type: NamedIndividual
type: Municipality
is part of: RussianFederation

Salzburg
type: NamedIndividual
type: Municipality
is part of: Austria

Samara
type: NamedIndividual
type: Municipality
is part of: RussianFederation

San Carlos
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

San Francisco
type: NamedIndividual
type: BusinessCenter
description: the international business center of San Francisco
is part of: UnitedStatesOfAmerica

San Jose
type: NamedIndividual
type: BusinessCenter
description: the international business center of San Jose
is part of: CostaRica

San Juan
type: NamedIndividual
type: BusinessCenter
description: the international business center of San Juan
is part of: PuertoRico

San Pedro Sula
type: NamedIndividual
type: Municipality
is part of: Honduras

San Salvador
type: NamedIndividual
type: BusinessCenter
description: the international business center of San Salvador
is part of: ElSalvador

San Sebastian
type: NamedIndividual
type: BusinessCenter
description: the international business center of San Sebastian
is part of: Spain

Santa Fe
type: NamedIndividual
type: Municipality
is part of: Argentina

Santander
type: NamedIndividual
type: Municipality
is part of: Spain

Santiago
type: NamedIndividual
type: BusinessCenter
description: the international business center of Santiago
is part of: Chile

Santo Domingo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Santo Domingo
is part of: DominicanRepublic

Sao Paulo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Sao Paulo
is part of: Brazil

Sapporo
type: NamedIndividual
type: Municipality
is part of: Japan

Sarajevo
type: NamedIndividual
type: Municipality
is part of: BosniaAndHerzegovina

Schwerin
type: NamedIndividual
type: Municipality
is part of: Germany

Sea Girt
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Seattle
type: NamedIndividual
type: BusinessCenter
description: the international business center of Seattle
is part of: UnitedStatesOfAmerica

Seoul
type: NamedIndividual
type: BusinessCenter
description: the international business center of Seoul
is part of: KoreaRepublicOf

Shanghai
type: NamedIndividual
type: BusinessCenter
description: the international business center of Shanghai
is part of: China

Shenzhen
type: NamedIndividual
type: Municipality
is part of: China

Shimonoseki
type: NamedIndividual
type: Municipality
is part of: Japan

Sibiu
type: NamedIndividual
type: Municipality
is part of: Romania

Silkeborg
type: NamedIndividual
type: Municipality
is part of: Denmark

Singapore
type: NamedIndividual
type: BusinessCenter
description: the international business center of Singapore
is part of: Singapore

Skopje
type: NamedIndividual
type: Municipality
is part of: NorthMacedonia

Sliema
type: NamedIndividual
type: Municipality
is part of: Malta

Sofia
type: NamedIndividual
type: BusinessCenter
description: the international business center of Sofia
is part of: Bulgaria

Split
type: NamedIndividual
type: Municipality
is part of: Croatia

St. Helier
type: NamedIndividual
type: BusinessCenter
description: the international business center of St. Helier
is part of: Jersey

St. Albans
type: NamedIndividual
type: Municipality
is part of: UnitedKingdomOfGreatBritainAndNorthernIreland

St. John
type: NamedIndividual
type: Municipality
is part of: AntiguaAndBarbuda

Stamford
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Stockholm
type: NamedIndividual
type: BusinessCenter
description: the international business center of Stockholm
is part of: Sweden

Stuttgart
type: NamedIndividual
type: BusinessCenter
description: the international business center of Stuttgart
is part of: Germany

Summit
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Surabaya
type: NamedIndividual
type: Municipality
is part of: Indonesia

Suva
type: NamedIndividual
type: Municipality
is part of: Fiji

Sydney
type: NamedIndividual
type: BusinessCenter
description: the international business center of Sydney
is part of: Australia

TARGET Settlement Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for the TARGET (euro 'Business Center')
explanatory note: TARGET, which stands for the Trans-European Automated Real-time Gross settlement adjustment Express Transfer system, is the real-time gross settlement (RTGS) system for the euro. TARGET operating days are the settlement days for the financial markets in euro, as well as foreign exchange transactions involving the euro.
has business center: Amsterdam
has business center: Athens
has business center: Brussels
has business center: Dublin
has business center: Frankfurt
has business center: Helsinki
has business center: Lisbon
has business center: Luxembourg
has business center: Madrid
has business center: Paris
has business center: Rome
has business center: Vienna

THBA
type: NamedIndividual
type: business center code
description: the FpML business center code for Bangkok, Thailand
has tag: THBA
is member of: FpML Business Center Code Scheme
identifies: Bangkok

TNTU
type: NamedIndividual
type: business center code
description: the FpML business center code for Tunis, Tunisia
has tag: TNTU
is member of: FpML Business Center Code Scheme
identifies: Tunis

TRAN
type: NamedIndividual
type: business center code
description: the FpML business center code for Ankara, Turkey
has tag: TRAN
is member of: FpML Business Center Code Scheme
identifies: Ankara

TRIS
type: NamedIndividual
type: business center code
description: the FpML business center code for Istanbul, Turkey
has tag: TRIS
is member of: FpML Business Center Code Scheme
identifies: Istanbul

TTPS
type: NamedIndividual
type: business center code
description: the FpML business center code for Port of Spain, Trinidad and Tobago
has tag: TTPS
is member of: FpML Business Center Code Scheme
identifies: Port of Spain

TWTA
type: NamedIndividual
type: business center code
description: the FpML business center code for Taipei, Taiwan
has tag: TWTA
is member of: FpML Business Center Code Scheme
identifies: Taipei

TZDA
type: NamedIndividual
type: business center code
description: the FpML business center code for Dar es Salaam, Tanzania
has tag: TZDA
is member of: FpML Business Center Code Scheme
identifies: Dar es Salaam

TZDO
type: NamedIndividual
type: business center code
description: the FpML business center code for Dodoma, Tanzania
has tag: TZDO
is member of: FpML Business Center Code Scheme
identifies: Dodoma

Taipei
type: NamedIndividual
type: BusinessCenter
description: the international business center of Taipei
is part of: Taiwan

Taiwan
type: NamedIndividual
type: Municipality
is part of: Taiwan

Tallinn
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tallinn
is part of: Estonia

Tashkent
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tashkent
is part of: Uzbekistan

Tbilisi
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tbilisi
is part of: Georgia

Tegucigalpa
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tegucigalpa
is part of: Honduras

Teheran
type: NamedIndividual
type: BusinessCenter
description: the international business center of Teheran
is part of: Iran

Tel Aviv
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tel Aviv
is part of: Israel

The Hague
type: NamedIndividual
type: Municipality
is part of: Netherlands

The Woodlands
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Tirana
type: NamedIndividual
type: Municipality
is part of: Albania

Tokyo
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tokyo
is part of: Japan

Toronto
type: NamedIndividual
type: BusinessCenter
description: the international business center of Toronto
is part of: Canada

Torshavn
type: NamedIndividual
type: Municipality
is part of: FaroeIslands

Tortola
type: NamedIndividual
type: Municipality
is part of: VirginIslandsBritish

Triesen
type: NamedIndividual
type: Municipality
is part of: Liechtenstein

Tripoli
type: NamedIndividual
type: Municipality
is part of: Libya

Tromso
type: NamedIndividual
type: Municipality
is part of: Norway

Trondheim
type: NamedIndividual
type: Municipality
is part of: Norway

Tucuman
type: NamedIndividual
type: Municipality
is part of: Argentina

Tunis
type: NamedIndividual
type: BusinessCenter
description: the international business center of Tunis
is part of: Tunisia

Turin
type: NamedIndividual
type: BusinessCenter
description: the international business center of Turin
is part of: Italy

UAKI
type: NamedIndividual
type: business center code
description: the FpML business center code for Kiev, Ukraine
has tag: UAKI
is member of: FpML Business Center Code Scheme
identifies: Kiev

UGKA
type: NamedIndividual
type: business center code
description: the FpML business center code for Kampala, Uganda
has tag: UGKA
is member of: FpML Business Center Code Scheme
identifies: Kampala

USBO
type: NamedIndividual
type: business center code
description: the FpML business center code for Boston, Massachusetts, United States
has tag: USBO
is member of: FpML Business Center Code Scheme
identifies: Boston

USCH
type: NamedIndividual
type: business center code
description: the FpML business center code for Chicago, United States
has tag: USCH
is member of: FpML Business Center Code Scheme
identifies: Chicago

USCR
type: NamedIndividual
type: business center code
description: the FpML business center code for Charlotte, North Carolina, United States
has tag: USCR
is member of: FpML Business Center Code Scheme
identifies: Charlotte

USDC
type: NamedIndividual
type: business center code
description: the FpML business center code for Washington, District of Columbia, United States
has tag: USDC
is member of: FpML Business Center Code Scheme
identifies: Washington

USDN
type: NamedIndividual
type: business center code
description: the FpML business center code for Denver, United States
has tag: USDN
is member of: FpML Business Center Code Scheme
identifies: Denver

USDT
type: NamedIndividual
type: business center code
description: the FpML business center code for Detroit, Michigan, United States
has tag: USDT
is member of: FpML Business Center Code Scheme
identifies: Detroit

USGS
type: NamedIndividual
type: business day adjustment code
description: the FpML business center code for U.S. Government Securities Business Day (as defined in 2006 ISDA Definitions Section 1.11 and 2000 ISDA Definitions Section 1.11)
has tag: USGS
is member of: FpML Business Center Code Scheme
identifies: U.S. Government Securities Business Day

U.S. Government Securities Business Day
type: NamedIndividual
type: BusinessDayConvention
description: the business day adjustment convention for U.S. Government Securities
has business center: Washington

USHL
type: NamedIndividual
type: business center code
description: the FpML business center code for Honolulu, Hawaii, United States
has tag: USHL
is member of: FpML Business Center Code Scheme
identifies: Honolulu

USHO
type: NamedIndividual
type: business center code
description: the FpML business center code for Houston, United States
has tag: USHO
is member of: FpML Business Center Code Scheme
identifies: Houston

USLA
type: NamedIndividual
type: business center code
description: the FpML business center code for Los Angeles, United States
has tag: USLA
is member of: FpML Business Center Code Scheme
identifies: Los Angeles

USMB
type: NamedIndividual
type: business center code
description: the FpML business center code for Mobile, Alabama, United States
has tag: USMB
is member of: FpML Business Center Code Scheme
identifies: Mobile

USMN
type: NamedIndividual
type: business center code
description: the FpML business center code for Minneapolis, United States
has tag: USMN
is member of: FpML Business Center Code Scheme
identifies: Minneapolis

USNY
type: NamedIndividual
type: business center code
description: the FpML business center code for New York, United States
has tag: USNY
is member of: FpML Business Center Code Scheme
identifies: New York

USPO
type: NamedIndividual
type: business center code
description: the FpML business center code for Portland, Oregon, United States
has tag: USPO
is member of: FpML Business Center Code Scheme
identifies: Portland

USSA
type: NamedIndividual
type: business center code
description: the FpML business center code for Sacramento, California, United States
has tag: USSA
is member of: FpML Business Center Code Scheme
identifies: Sacramento

USSE
type: NamedIndividual
type: business center code
description: the FpML business center code for Seattle, United States
has tag: USSE
is member of: FpML Business Center Code Scheme
identifies: Seattle

USSF
type: NamedIndividual
type: business center code
description: the FpML business center code for San Francisco, United States
has tag: USSF
is member of: FpML Business Center Code Scheme
identifies: San Francisco

USWT
type: NamedIndividual
type: business center code
description: the FpML business center code for Wichita, United States
has tag: USWT
is member of: FpML Business Center Code Scheme
identifies: Wichita

UYMO
type: NamedIndividual
type: business center code
description: the FpML business center code for Montevideo, Uruguay
has tag: UYMO
is member of: FpML Business Center Code Scheme
identifies: Montevideo

UZTA
type: NamedIndividual
type: business center code
description: the FpML business center code for Tashkent, Uzbekistan
has tag: UZTA
is member of: FpML Business Center Code Scheme
identifies: Tashkent

Ulan Bator
type: NamedIndividual
type: BusinessCenter
description: the international business center of Ulan Bator
is part of: Mongolia

Unterschleisshem
type: NamedIndividual
type: Municipality
is part of: Germany

Utrecht
type: NamedIndividual
type: Municipality
is part of: Netherlands

VECA
type: NamedIndividual
type: business center code
description: the FpML business center code for Caracas, Venezuela
has tag: VECA
is member of: FpML Business Center Code Scheme
identifies: Caracas

VGRT
type: NamedIndividual
type: business center code
description: the FpML business center code for Road Town, Virgin Islands (British)
has tag: VGRT
is member of: FpML Business Center Code Scheme
identifies: Road Town

VNHA
type: NamedIndividual
type: business center code
description: the FpML business center code for Hanoi, Vietnam
has tag: VNHA
is member of: FpML Business Center Code Scheme
identifies: Hanoi

VNHC
type: NamedIndividual
type: business center code
description: the FpML business center code for Ho Chi Minh (formerly Saigon), Vietnam
has tag: VNHC
is member of: FpML Business Center Code Scheme
identifies: Ho Chi Minh (formerly Saigon)

Vaduz
type: NamedIndividual
type: Municipality
is part of: Liechtenstein

Valencia
type: NamedIndividual
type: Municipality
is part of: Spain

Valletta
type: NamedIndividual
type: BusinessCenter
description: the international business center of Valletta
is part of: Malta

Valparaiso
type: NamedIndividual
type: Municipality
is part of: Chile

Vancouver
type: NamedIndividual
type: BusinessCenter
description: the international business center of Vancouver
is part of: Canada

Varazdin
type: NamedIndividual
type: Municipality
is part of: Croatia

Victoria
type: NamedIndividual
type: Municipality
is part of: Seychelles

Victoria Falls
type: NamedIndividual
type: Municipality
is part of: Zimbabwe

Vienna
type: NamedIndividual
type: BusinessCenter
description: the international business center of Vienna
is part of: Austria

Vientiane
type: NamedIndividual
type: BusinessCenter
description: the international business center of Vientiane
is part of: LaoPeoplesDemocraticRepublic

Vilnius
type: NamedIndividual
type: Municipality
is part of: Lithuania

Vladivostok
type: NamedIndividual
type: Municipality
is part of: RussianFederation

Warsaw
type: NamedIndividual
type: BusinessCenter
description: the international business center of Warsaw
is part of: Poland

Washington
type: NamedIndividual
type: BusinessCenter
description: the international business center of Washington
is part of: UnitedStatesOfAmerica

Washington, New York
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Wellington
type: NamedIndividual
type: BusinessCenter
description: the international business center of Wellington
is part of: NewZealand

Wichita
type: NamedIndividual
type: BusinessCenter
description: the international business center of Wichita
is part of: UnitedStatesOfAmerica

Willemstad
type: NamedIndividual
type: BusinessCenter
description: the international business center of Willemstad
is part of: Curacao

Wilmington
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Windhoek
type: NamedIndividual
type: BusinessCenter
description: the international business center of Windhoek
is part of: Namibia

Winnipeg
type: NamedIndividual
type: BusinessCenter
description: the international business center of Winnipeg
is part of: Canada

Winter Park
type: NamedIndividual
type: Municipality
is part of: UnitedStatesOfAmerica

Wroclaw
type: NamedIndividual
type: Municipality
is part of: Poland

Wuxi
type: NamedIndividual
type: Municipality
is part of: China

YEAD
type: NamedIndividual
type: business center code
description: the FpML business center code for Aden, Yemen
has tag: YEAD
is member of: FpML Business Center Code Scheme
identifies: Aden

Yaounde
type: NamedIndividual
type: BusinessCenter
description: the international business center of Yaounde
is part of: Cameroon

Yerevan
type: NamedIndividual
type: BusinessCenter
description: the international business center of Yerevan
is part of: Armenia

ZAJO
type: NamedIndividual
type: business center code
description: the FpML business center code for Johannesburg, South Africa
has tag: ZAJO
is member of: FpML Business Center Code Scheme
identifies: Johannesburg

ZMLU
type: NamedIndividual
type: business center code
description: the FpML business center code for Lusaka, Zambia
has tag: ZMLU
is member of: FpML Business Center Code Scheme
identifies: Lusaka

ZWHA
type: NamedIndividual
type: business center code
description: the FpML business center code for Harare, Zimbabwe
has tag: ZWHA
is member of: FpML Business Center Code Scheme
identifies: Harare

Zagreb
type: NamedIndividual
type: BusinessCenter
description: the international business center of Zagreb
is part of: Croatia

Zaragoza
type: NamedIndividual
type: Municipality
is part of: Spain

Zhengzhou
type: NamedIndividual
type: Municipality
is part of: China

Zilina
type: NamedIndividual
type: Municipality
is part of: Slovakia

Zug
type: NamedIndividual
type: Municipality
is part of: Switzerland

Zurich
type: NamedIndividual
type: BusinessCenter
description: the international business center of Zurich
is part of: Switzerland

active status
type: NamedIndividual
type: entity status
definition: status indicating that as of the last report or update, the entity was legally registered and operating
has tag: ACTIVE
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

annulled status
type: NamedIndividual
type: registration status
definition: status indicating that the registration was determined to be erroneous or invalid after issuance
has tag: ANNULLED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

business register identifier
type: Class
subclass of: Identifier
subclass of: Restriction
  on property: identifies
  on class: business registry
  qualified cardinality: 1
subclass of: Restriction
  on property: isRegisteredBy
  some values from: business registration authority
definition: identifier that uniquely identifies a business register, such as a register identified by the Global Legal Entity Identifier Foundation (GLEIF) registration authorities list
adapted from: https://www.gleif.org/en/about-lei/gleif-registration-authorities-list

business registration authority
type: Class
subclass of: Registrar
subclass of: RegistrationAuthority
subclass of: Restriction
  on property: manages
  some values from: business registry
subclass of: Restriction
  on property: registers
  some values from: registration identifier
definition: registration authority that is responsible for maintaining a registry of business entities
adapted from: https://www.gleif.org/en/about-lei/gleif-registration-authorities-list
explanatory note: A business registry may include any government-managed registry for registering a business, such as a state department of corporations in the US, as well as other registries such as a local operating unit (LOU) for registration of legal entity identifiers (LEIs). Any sanctioned registration authority as defined by the Registration Authorities List, published by GLEIF, is a business registration authority in this sense.

business registry
type: Class
subclass of: Registry
subclass of: Restriction
  on property: has registry name
  min qualified cardinality: 0
  on data range: string
subclass of: Restriction
  on property: isManagedBy
  on class: business registration authority
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  some values from: business registry entry
definition: registry for registering and maintaining information about business entities
adapted from: https://www.gleif.org/en/about-lei/gleif-registration-authorities-list

business registry entry
type: Class
subclass of: RegistryEntry
subclass of: Restriction
  on property: has registration status
  on class: registration status
  max qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  some values from: registration identifier
subclass of: Restriction
  on property: hasRegistrationDate
  some values from: CombinedDateTime
definition: entry in a business registry

cancelled status
type: NamedIndividual
type: registration status
definition: status indicating that the registration was abandoned prior to issuance
has tag: CANCELLED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

duplicate status
type: NamedIndividual
type: registration status
definition: status indicating that the registration was determined to be a duplicate registration of the same entity as another registration; duplicate status is assigned to the non-surviving registration (i.e. the identifier that should no longer be used)
has tag: DUPLICATE
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity expiration reason
type: Class
subclass of: CodeElement
subclass of: Restriction
  on property: hasTag
  on data range: string
  qualified cardinality: 1
definition: code for the reason that a legal entity ceased to exist and/or operate
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity expiration reason - corporate action
type: NamedIndividual
type: entity expiration reason
definition: expiration reason indicating that an entity was acquired or merged with another entity
has tag: CORPORATE_ACTION
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity expiration reason - disolved
type: NamedIndividual
type: entity expiration reason
definition: expiration reason indicating that an entity ceased to operate
has tag: DISSOLVED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity expiration reason - other
type: NamedIndividual
type: entity expiration reason
definition: expiration reason indicating something that is neither due to disolution nor corporate action
has tag: OTHER
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity legal form registry
type: Class
subclass of: Registry
subclass of: Restriction
  on property: comprises
  some values from: entity legal form registry entry
definition: registry for registering and maintaining information about the legal forms that are valid for business entities for a particular jurisdiction following the ISO 20275 standard
abbreviation: ELF registry
adapted from: https://www.gleif.org/en/about-lei/code-lists/iso-20275-entity-legal-forms-code-list

entity legal form registry entry
type: Class
subclass of: RegistryEntry
subclass of: Restriction
  on property: comprises
  some values from: entity legal form identifier
definition: entry in an entity legal form registry that conforms to ISO 20275
abbreviation: ELF registry entry
adapted from: https://www.gleif.org/en/about-lei/code-lists/iso-20275-entity-legal-forms-code-list

entity status
type: Class
subclass of: LifecycleStage
definition: lifecycle stage indicating the operational and/or legal status of an entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
explanatory note: In some jurisdictions, there may be other possible values for entity status, such as suspended in the State of California, thus the individuals provided herein are not intended to be exhaustive.

entity validation level
type: Class
subclass of: CodeElement
subclass of: Restriction
  on property: hasTag
  on data range: string
  qualified cardinality: 1
definition: code for the level of validation performed by the GLEIF or LOU with respect to the reference data provided by the registrant
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity validation level - entity-supplied only
type: NamedIndividual
type: entity validation level
definition: Based on the validation procedures in use by the LOU responsible for the record, the information associated with this record has significant reliance on the information that a submitter provided due to the unavailability of corroborating information.
has tag: ENTITY_SUPPLIED_ONLY
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity validation level - fully corroborated
type: NamedIndividual
type: entity validation level
definition: Based on the validation procedures in use by the LOU responsible for the record, there is sufficient information contained in authoritative public sources to corroborate the information that the submitter has provided for the record.
has tag: FULLY_CORROBORATED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

entity validation level - partially corroborated
type: NamedIndividual
type: entity validation level
definition: Based on the validation procedures in use by the LOU responsible for the record, the information supplied by the registrant can be partially corroborated by public authoritative sources, while some of the record is dependent upon the information that the registrant submitted, either due to conflicts with authoritative information, or due to data unavailability.
has tag: PARTIALLY_CORROBORATED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

inactive status
type: NamedIndividual
type: entity status
definition: status indicating that the entity is no longer legally registered and/or operating, whether as a result of business closure, acquisition by or merger with another (or new) entity, or determination of illegitimacy
has tag: INACTIVE
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

issued status
type: NamedIndividual
type: registration status
definition: status indicating that the registration has been validated and issued, and which identifies an entity that was operating legally as of the last update
has tag: ISSUED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

lapsed status
type: NamedIndividual
type: registration status
definition: status indicating that the registration that has not been renewed by the specified renewal date and is not known by public sources to have ceased operation as of the last update
has tag: LAPSED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

legal entity identifier registry
type: Class
subclass of: business registry
subclass of: Restriction
  on property: comprises
  some values from: legal entity identifier registry entry
definition: registry for registering and maintaining information about business entities for a particular jurisdiction
abbreviation: LEI registry
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

legal entity identifier registry entry
type: Class
subclass of: business registry entry
subclass of: Restriction
  on property: has validation authority
  on class: business registration authority
  min qualified cardinality: 0
subclass of: Restriction
  on property: has registration status
  some values from: registration status
subclass of: Restriction
  on property: has validation level
  some values from: entity validation level
subclass of: Restriction
  on property: comprises
  some values from: legal entity identifier
definition: entry in a legal entity identifier registry that conforms to ISO 17442 and the Global Legal Entity Identifier Foundation (GLEIF) Common Data Format (CDF)
abbreviation: LEI registry entry
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

local operating unit
type: Class
subclass of: Registrar
subclass of: Restriction
  on property: issues
  some values from: legal entity identifier
subclass of: Restriction
  on property: registers
  some values from: legal entity identifier
definition: registrar that is authorized by the Global LEI Foundation to issue legal entity identifiers
abbreviation: LOU
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
explanatory note: LOUs supply registration, renewal and other services, and act as the primary interface for legal entities wishing to obtain an LEI.

merged status
type: NamedIndividual
type: registration status
definition: status indicating that the registration is for an entity that has been merged into another legal entity, such that this legal entity no longer exists as an independently operating entity
has tag: MERGED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

North American Industry Classification System code
type: Class
subclass of: IndustrySectorClassifier
subclass of: CodeElement
subclass of: Restriction
  on property: isDefinedIn
  on class: North American Industry Classification System scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: hasTag
  on data range: string
  qualified cardinality: 1
subclass of: Restriction
  on property: classifies
  some values from: FormalOrganization
definition: the North American Industry Classification System (NAICS) code representing an industry
abbreviation: NAICS code

North American Industry Classification System scheme
type: Class
subclass of: IndustrySectorClassificationScheme
subclass of: CodeSet
subclass of: Restriction
  on property: defines
  some values from: North American Industry Classification System code
definition: the scheme defining the North American Industry Classification System (NAICS) Codes
explanatory note: The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the Standard Industrial Classification (SIC) system. It was developed jointly by the U.S. Economic Classification Policy Committee (ECPC), Statistics Canada and Mexico's Instituto Nacional Estadistica y Geografia, to allow for a high level of comparability in business statistics among the North American countries.

pending archival status
type: NamedIndividual
type: registration status
definition: status indicating that the registration is about to be transferred to a different registration authority, after which its registration status will revert to a non-pending status
has tag: PENDING_ARCHIVAL
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

pending transfer status
type: NamedIndividual
type: registration status
definition: status indicating that the registration has requested transfer to a different registration authority, and for which transfer is in progress
has tag: PENDING_TRANSFER
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

pending validation status
type: NamedIndividual
type: registration status
definition: status indicating that an application for registration has been submitted and is in process, pending validation
has tag: PENDING_VALIDATION
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

registration authority code
type: Class
subclass of: CodeElement
subclass of: RegisteredIdentifier
subclass of: Restriction
  on property: identifies
  on class: business registry
  qualified cardinality: 1
definition: identifier that uniquely identifies a business registry, and is associated with a registration authority and jurisdiction, issued by the Global Legal Entity Identifier Foundation (GLEIF)
adapted from: https://www.gleif.org/en/about-lei/gleif-registration-authorities-list

registration status
type: Class
subclass of: LifecycleStage
definition: lifecycle stage indicating the status of a given registration of something, such as a business or legal entity, as specified by the registration authority
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
explanatory note: There may be other possible values for registration status, depending on the registry, thus the individuals provided herein are not intended to be exhaustive.

retired status
type: NamedIndividual
type: registration status
definition: status indicating that the registration is for an entity that has ceased operation, without having been merged into another entity
has tag: RETIRED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

standard industrial classification code
type: Class
subclass of: IndustrySectorClassifier
subclass of: CodeElement
subclass of: Restriction
  on property: isDefinedIn
  on class: standard industrial classification scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: hasTag
  on data range: string
  qualified cardinality: 1
subclass of: Restriction
  on property: classifies
  some values from: FormalOrganization
definition: the SIC code representing an industry
abbreviation: SIC code

standard industrial classification scheme
type: Class
subclass of: IndustrySectorClassificationScheme
subclass of: CodeSet
subclass of: Restriction
  on property: defines
  some values from: standard industrial classification code
definition: the scheme defining the Standard Industrial Classification (SIC) Code List
explanatory note: Standard Industrial Classifications are four-digit codes that categorize companies by the type of business activities they engage in. These codes were created by the U.S. government in 1937 to facilitate analysis of economic activity across government agencies and within industries. They were mostly replaced in 1997 by a new system of six-digit codes called the North American Industry Classification System (NAICS). The new codes were adopted in part to standardize industry data collection and analysis in between Canada, the United States and Mexico which had entered into the North American Free Trade Agreement. Note that certain organizations, such as the Securities and Exchange Commission (SEC) still use SIC codes for some purposes.

transferred status
type: NamedIndividual
type: registration status
definition: status indicating that the registration that has been transferred to a different registration authority
has tag: TRANSFERRED
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has alternative language legal name
type: DatatypeProperty
sub property of: hasLegalName
definition: denotes a registered legal name for the entity in an alternative language used in the legal jurisdiction in which the entity is registered
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has automatically transliterated legal name
type: DatatypeProperty
sub property of: has transliterated legal name
definition: denotes an auto-generated ASCII-transliterated representation of the legal name for the entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has entity expiration date
type: DatatypeProperty
sub property of: has expiry date
range: CombinedDateTime
definition: indicates the date on which an entity ceases(d) to exist
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has entity expiration reason
type: ObjectProperty
sub property of: isSignifiedBy
range: entity expiration reason
definition: indicates the reason that an entity ceased to exist (i.e., disolved, merged with another entity, etc.)
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has entity status
type: ObjectProperty
sub property of: hasStage
range: entity status
definition: indicates the status of the entity (i.e., active, inactive)
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has expiry date
type: DatatypeProperty
range: CombinedDateTime
definition: indicates the date on which something ceases(d) to exist
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has initial registration date
type: DatatypeProperty
sub property of: hasRegistrationDate
range: CombinedDateTime
definition: indicates the date on which an identifier or other registered item was created and/or first registered
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has preferred transliterated legal name
type: DatatypeProperty
sub property of: has transliterated legal name
definition: denotes a preferred ASCII-transliterated representation of the legal name for the entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has prior legal name
type: DatatypeProperty
sub property of: hasLegalName
sub property of: wasFormerlyKnownAs
definition: denotes a primary legal name that was used previously for the entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has registration status revision date
type: DatatypeProperty
sub property of: hasRegistrationDate
range: CombinedDateTime
definition: indicates the date that the status of a specific registration in the registry was revised
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has registration status
type: ObjectProperty
sub property of: hasStage
range: registration status
definition: indicates the status of a specific registration, such as for an identifier or license

has registry name
type: DatatypeProperty
sub property of: hasTextualName
domain: Registry
definition: denotes a name for the registry, for example, for a business registry in which a business registration identifier for the legal entity is registered
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has renewal date
type: DatatypeProperty
sub property of: hasRegistrationDate
range: CombinedDateTime
definition: indicates the date by which a specific registration in the registry must be renewed or updated
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1
adapted from: https://www.swift.com/standards/data-standards/bic#BICPolicyandDatarecord
usage note: This property is equivalent to the date of expiry in some registries, such as the BIC registry.

has trading or operational name
type: DatatypeProperty
sub property of: hasTextualName
definition: denotes a 'trading as', 'brand name', 'doing business as', or 'operating under' name currently used by the entity in addition to, but not replacing, the (primary) legal, official registered name
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has transliterated legal name
type: DatatypeProperty
sub property of: has transliterated name
sub property of: hasLegalName
definition: denotes an optional ASCII-transliterated (i.e. Latin- or Romanized) representation of the legal name for the entity
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has validation authority
type: ObjectProperty
sub property of: hasPartyRole
range: business registration authority
definition: identifies the business registration authority for the legal entity, used by the Local Operating Unit (LOU) as the basis for validation, as defined in the GLEIF Registration Authorities List
adapted from: https://www.gleif.org/en/about-lei/common-data-file-format/lei-cdf-format/lei-cdf-format-version-2-1

has validation date
type: DatatypeProperty
sub property of: hasRegistrationDate
range: CombinedDateTime
definition: indicates the date that a specific registration in the registry was most recently reviewed and validated
adapted from: https://www.swift.com/standards/data-standards/bic#BICPolicyandDatarecord

has validation level
type: ObjectProperty
range: entity validation level
definition: indicates the level of validation performed by the registrar with respect to the legal entity

is self-maintained
type: DatatypeProperty
range: string
definition: indicates whether the information about the entity is maintained internally or by a third-party
adapted from: https://www.swift.com/standards/data-standards/bic#BICPolicyandDatarecord

CRD credit institution
type: Class
subclass of: credit institution
disjoint with: European Economic Area branch
disjoint with: non European Economic Area branch
definition: an undertaking whose business is to receive deposits or other repayable funds from the public and to grant credits for its own account as defined by the European Banking Authority (EBA)
definition origin: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register

credit institution
type: Class
subclass of: credit institution / investment firm
disjoint with: investment firm
definition: an undertaking the business of which is to take deposits or other repayable funds from the public and to grant credits for its own account, and to which authorisation has been granted to operate within the European Union and European Economic Area countries (EEA)
adapted from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/
adapted from: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register

credit institution / investment firm
type: Class
subclass of: financial institution
definition: classification specific to European financial institutions that designates them as credit institutions / investment firms as defined by the European Banking Authority (EBA)
adapted from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/

European Economic Area branch
type: Class
subclass of: credit institution
disjoint with: non European Economic Area branch
definition: a branch of a credit institution authorised in another European Economic Area (EEA) country that has the right to passport its activities
definition origin: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register
synonym: EEA branch

investment firm
type: Class
subclass of: credit institution / investment firm
subclass of: Class
  union of: brokerage firm
  union of: investment company
  union of: Restriction
    on property: provides
    some values from: investment service
disjoint with: local firm
definition: any legal person whose regular occupation or business is the provision of one or more investment services to third parties and/or the performance of one or more investment activities on a professional basis
adapted from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/

local firm
type: Class
subclass of: credit institution / investment firm
subclass of: brokerage firm
definition: a firm dealing for its own account on markets in financial futures or options or other derivatives and on cash markets for the sole purpose of hedging positions on derivatives markets, or dealing for the accounts of other members of those markets and being guaranteed by clearing members of the same markets, where responsibility for ensuring the performance of contracts entered into by such a firm is assumed by clearing members of the same markets
adapted from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/

non European Economic Area branch
type: Class
subclass of: credit institution
definition: a branch of a credit institution whose Head Office is in a third country
definition origin: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register
synonym: non-EEA branch

payment institution
type: Class
subclass of: credit institution / investment firm
subclass of: Restriction
  on property: provides
  some values from: payment service
definition: a legal person that has been granted authorisation in accordance with Article 10 to provide and execute payment services throughout the European community
adapted from: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/

Credit Institution Register
type: NamedIndividual
type: Registry
definition: registry of credit institutions to which authorisation has been granted to operate within the European Union and European Economic Area countries (EEA), a repository of financial data and institution characteristics for covered institutions collected by the the European Banking Authority (EBA)
adapted from: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register
is managed by: European Banking Authority (EBA) Regulator

Credit Institution Register entry
type: Class
subclass of: RegistryEntry
subclass of: Restriction
  on property: appliesTo
  all values from: credit institution
subclass of: Restriction
  on property: isIncludedIn
  has value: Credit Institution Register
subclass of: Restriction
  on property: comprises
  some values from: credit institution
definition: entry in the Credit Institution Register, a repository of credit institutions collected by the European Banking Authority (EBA) as provided by the various national banking authorities for those institutions that qualify
adapted from: http://www.eba.europa.eu/risk-analysis-and-data/credit-institutions-register

European Banking Authority
type: NamedIndividual
type: government agency
definition: European Banking Authority legal entity, whose main task is to contribute, through the adoption of binding Technical Standards (BTS) and Guidelines, to the creation of the European Single Rulebook in banking
abbreviation: EBA
adapted from: http://www.eba.europa.eu/about-us/missions-and-tasks
explanatory note: The Authority also plays an important role in promoting convergence of supervisory practices to ensure a harmonised application of prudential rules. Finally, the EBA is mandated to assess risks and vulnerabilities in the EU banking sector through, in particular, regular risk assessment reports and pan-European stress tests. To perform these tasks, the EBA can produce a number of regulatory and non regulatory documents including binding Technical Standards, Guidelines, Recommendations, Opinions and ad-hoc or regular reports.

European Banking Authority (EBA) Regulator
type: NamedIndividual
type: RegistrationAuthority
type: RegulatoryAgency
definition: European Banking Authority (EBA) regulator and registration authority
adapted from: http://www.eba.europa.eu/about-us/missions-and-tasks
manages: Credit Institution Register
is played by: European Banking Authority

European banking regulatory agency and central bank
type: NamedIndividual
type: central bank
type: InterestRateAuthority
type: RegistrationAuthority
type: RegulatoryAgency
definition: regulatory agency, registration authority and central banking role of the European Central Bank
adapted from: https://www.ecb.europa.eu/home/html/index.en.html
is played by: European Central Bank

European Central Bank
type: NamedIndividual
type: instrumentality
definition: European Central Bank, whose main aim is to maintain price stability, i.e. to safeguard the value of the euro
has headquarters address: European Central Bank headquarters and legal address
has legal name: European Central Bank
abbreviation: ECB
adapted from: https://www.ecb.europa.eu/ecb/orga/escb/ecb-mission/html/index.en.html
explanatory note: The European Central Bank is responsible for the prudential supervision of credit institutions located in the euro area and participating non-euro area Member States, within the Single Supervisory Mechanism, which also comprises the national competent authorities. It thereby contributes to the safety and soundness of the banking system and the stability of the financial system within the EU and each participating Member State.
has website: http://www.ecb.europa.eu/

European Central Bank headquarters and legal address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters and legal address for the European Central Bank
has address line1: Sonnemannstrasse 20
has postal code: 60314
has country: Germany
has municipality: Frankfurt

European Central Bank legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier for the European Central Bank
has initial registration date: 2013-04-18T02:08:10+02:00
has registration status revision date: 2021-07-20T07:13:49+02:00
has registration status: issued status
has renewal date: 2022-03-13T11:54:18+01:00
has validation level: entity validation level - entity-supplied only
comprises: European Central Bank legal entity identifier

Business Entity Data (BED) B.V.
type: NamedIndividual
type: local operating unit
definition: individual representing Business Entity Data (BED) B.V.
explanatory note: wholly-owned subsidiary of DTCC that owns and operates the Global Market Entity Identifier Utility (GMEI) legal entity identifier (LEI) solution in the federated Global LEI system (GLEIS)
manages: GlobalMarketsEntityIdentifierRegistry
is played by: Business Entity Data (BED) B.V. NL

Business Entity Data (BED) B.V. NL
type: NamedIndividual
type: privately held company
definition: individual representing Business Entity Data (BED) B.V. legal entity that is a privately held company in the Netherlands
has headquarters address: Business Entity Data (BED) B.V. headquarters address
has legal address: Business Entity Data (BED) B.V. legal address
has legal form abbreviation: Besloten Vennootschap
has global ultimate parent: DepositoryTrustAndClearingCorporation
has legal name: Business Entity Data (BED) B.V.

Business Entity Data (BED) B.V. headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters address for Business Entity Data (BED) B.V.
has address line1: Bernhardplein 200
has postal code: 1097 JB
has country: Netherlands
has municipality: Amsterdam

Business Entity Data (BED) B.V. legal address
type: NamedIndividual
type: ConventionalStreetAddress
definition: legal address for Business Entity Data (BED) B.V.
has address line1: Prins Bernhardplein 200
has postal code: 1097 JB
has country: Netherlands
has municipality: Amsterdam

Business Entity Data (BED) B.V. legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier Global LEI Index registry entry for Business Entity Data (BED) B.V.
has initial registration date: 2012-06-06T15:54:00
has registration status revision date: 2021-09-15T15:32:00
has registration status: issued status
has renewal date: 2022-08-05T19:16:00
has validation level: entity validation level - fully corroborated
comprises: Business Entity Data (BED) B.V. legal entity identifier

Clearstream Banking
type: NamedIndividual
type: publisher
type: central counterparty clearing house
type: central securities depository
type: clearing bank
type: RegistrationAuthority
definition: Clearstream functional entity, which is an international central securities depository (ICSD) based in Luxembourg, providing post-trade infrastructure and securities services for the international market and 56 domestic markets worldwide
is played by: Clearstream Banking S.A.

Clearstream Banking S.A. headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters address for Clearstream Banking S.A.
has address line1: 42, Avenue J.F. Kennedy
has postal code: L-1855
has country: Luxembourg
has municipality: Luxembourg

Clearstream Banking S.A. legal address
type: NamedIndividual
type: ConventionalStreetAddress
definition: legal address for Clearstream Banking S.A.
has address line1: 42, Avenue J.F. Kennedy
has postal code: L-1855
has country: Luxembourg
has municipality: Luxembourg

Clearstream Banking S.A. legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier Global LEI Index registry entry for Clearstream Banking S.A.
has initial registration date: 2015-01-09T22:33:24.097
has registration status revision date: 2025-04-09T04:03:40-07:00
has registration status: issued status
has renewal date: 2026-06-06T17:00:00-07:00
has validation level: entity validation level - fully corroborated
comprises: Clearstream Banking S.A. legal entity identifier

Clearstream Banking S.A.
type: NamedIndividual
type: stock corporation
definition: Euroclear legal entity that provides post-trade infrastructure and securities services in Europe and internationally
has headquarters address: Clearstream Banking S.A. headquarters address
has legal address: Clearstream Banking S.A. legal address
has legal form abbreviation: Societe Anonyme
has subsidiary: Lux CSD
has prior legal name: Cedel Bank S.A.
has legal name: Clearstream Banking S.A.
explanatory note: The company offers asset services, cash and banking services, connectivity, global securities financing, investment fund services, issuance, IT solutions, settlement, and market coverage services. It also provides post-trade infrastructure services for the German securities industry; and manages, safe keeps, and administers the securities that it holds on behalf of its customers. Clearstream Banking S.A was formerly known as Cedel Bank S.A. and changed its name to Clearstream Banking S.A. in March 2002. The company was founded in 1970 and is based in Luxembourg.

Euroclear
type: NamedIndividual
type: publisher
type: central counterparty clearing house
type: central securities depository
type: clearing bank
type: RegistrationAuthority
definition: Euroclear functional entity, which is a global clearing house, central securities depository, and custodian that specializes in the settlement of securities transactions as well as the safekeeping and asset servicing of these securities
is played by: Euroclear SA/NV

Euroclear SA/NV headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters address for Euroclear SA/NV
has address line1: Boulevard du Roi Albert II 1
has address line2: Saint-Josse-ten-Noode
has postal code: 1210
has country: Belgium
has municipality: Brussels

Euroclear SA/NV legal address
type: NamedIndividual
type: ConventionalStreetAddress
definition: legal address for Euroclear SA/NV
has address line1: Boulevard du Roi Albert II 1
has address line2: Saint-Josse-ten-Noode
has postal code: 1210
has country: Belgium
has municipality: Brussels

Euroclear SA/NV legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier Global LEI Index registry entry for Euroclear SA/NV
has initial registration date: 2014-01-06T19:04:00-08:00
has registration status revision date: 2025-03-14T07:09:41-07:00
has registration status: issued status
has renewal date: 2026-04-27T17:00:00-07:00
has validation level: entity validation level - fully corroborated
comprises: Euroclear SA/NV legal entity identifier

Euroclear SA/NV
type: NamedIndividual
type: stock corporation
definition: Euroclear legal entity that is the parent company of the international and national central securities depositories ((I)CSDs) of the Euroclear group of companies; it owns the group's shared securities processing platforms and delivers a range of services to the group's depositories
has headquarters address: Clearstream Banking S.A. headquarters address
has legal address: Clearstream Banking S.A. legal address
has legal form abbreviation: Societe Anonyme/Naamloze Vennootschap
has legal name: Euroclear SA/NV

European Banking Federation
type: NamedIndividual
type: not for profit organization
definition: international non-profit association founded in 1960 that is the voice of the European banking sector, uniting 32 national banking associations in Europe that together represent some 4,500 banks - large and small, wholesale and retail, local and international - employing about 2.1 million people
abbreviation: EBF
adapted from: http://www.ebf.eu/about-us/

European Money Markets Institute
type: NamedIndividual
type: not for profit organization
definition: international non-profit association under Belgian law founded in 1999 with the launch of the Euro and based in Brussels (56, Ave des Arts, 1000 Brussels)
abbreviation: EMMI
adapted from: http://www.emmi-benchmarks.eu/
explanatory note: Its members are national banking associations in the Member States of the European Union which are involved in the Eurozone.

Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann
type: NamedIndividual
type: local operating unit
definition: subdivision of Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann that operates the WM Datenservice, Europe's largest registry for the Legal Entity Identifier (LEI)
manages: WM Datenservice Registry
is played by: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG

Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG
type: NamedIndividual
type: privately held company
definition: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG legal entity that is a privately held company in Germany
has headquarters address: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann (WM Gruppe) headquarters address
has legal address: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann (WM Gruppe) headquarters address
has legal form abbreviation: Gesellschaft mit beschränkter Haftung & Compagnie Kommanditgesellschaft
has trading or operational name: WM Gruppe
has legal name: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG

London Stock Exchange
type: NamedIndividual
type: publisher
type: FinancialServiceProvider
type: NationalNumberingAgency
type: RegistrationAuthority
definition: London Stock Exchange functional entity, which is a global business and financial information services and news provider, a securities exchange, and the SEDOL code issuer and registration authority
abbreviation: LSE
is played by: London Stock Exchange plc.

London Stock Exchange as local operating unit
type: NamedIndividual
type: local operating unit
definition: London Stock Exchange functional entity that is an LEI Local Operating Unit (LOU) registrar
manages: London Stock Exchange UnaVista Registry
is played by: London Stock Exchange plc.

London Stock Exchange plc. headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters address for London Stock Exchange plc.
has address line1: 10 Paternoster Square
has postal code: EC4M 7LS
has country: UnitedKingdomOfGreatBritainAndNorthernIreland
has municipality: London

London Stock Exchange plc. legal address
type: NamedIndividual
type: ConventionalStreetAddress
definition: legal address for London Stock Exchange plc.
has address line1: 10 Paternoster Square
has postal code: EC4M 7LS
has country: UnitedKingdomOfGreatBritainAndNorthernIreland
has municipality: London

London Stock Exchange plc. legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier Global LEI Index registry entry for London Stock Exchange plc.
has initial registration date: 2013-09-12T17:00:00-07:00
has registration status revision date: 2025-07-22T02:51:53-07:00
has registration status: issued status
has renewal date: 2026-09-17T17:00:00-07:00
has validation level: entity validation level - fully corroborated
comprises: London Stock Exchange plc. legal entity identifier

London Stock Exchange plc.
type: NamedIndividual
type: corporation
definition: London Stock Exchange plc. legal entity
has headquarters address: London Stock Exchange plc. headquarters address
has legal address: London Stock Exchange plc. legal address
has legal form abbreviation: Public Limited Company
has legal name: London Stock Exchange plc.

London Stock Exchange UnaVista Registry
type: NamedIndividual
type: legal entity identifier registry
definition: UnaVista registry service provided by the London Stock Exchange supporting LEI registration

Lux CSD
type: NamedIndividual
type: central securities depository
definition: Lux CSD functional entity, which provides Luxembourg's financial community with issuing and central bank settlement as well as custody services for a wide range of securities including investment funds
is played by: LuxCSD S.A.

Lux CSD
type: NamedIndividual
type: local operating unit
definition: Lux CSD functional entity that is an LEI Local Operating Unit (LOU) registrar
manages: Lux CSD LEI Registry
is played by: LuxCSD S.A.

Lux CSD LEI Registry
type: NamedIndividual
type: legal entity identifier registry
definition: LuxCDS LEI registry; LuxCSD has been issuing ISO 17442:2012 compliant LEIs with the prefix 2221 since September 2014

LuxCSD S.A. legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier Global LEI Index registry entry for LuxCSD S.A.
has initial registration date: 2014-06-03T01:45:01.523
has registration status revision date: 2021-03-09T13:03:09.11
has registration status: issued status
has renewal date: 2022-03-13T00:00:00
has validation level: entity validation level - fully corroborated
comprises: LuxCSD S.A. legal entity identifier

LuxCSD S.A.
type: NamedIndividual
type: stock corporation
definition: Lux CSD legal entity
has headquarters address: Clearstream Banking S.A. headquarters address
has legal address: Clearstream Banking S.A. legal address
has legal form abbreviation: Societe Anonyme
has legal name: LuxCSD S.A.
explanatory note: The European Central Bank (ECB) approved LuxCSD for its Securities Settlement System (SSS).

Nasdaq OMX Group
type: NamedIndividual
type: corporation
definition: corporation that is a subsidiary of Nasdaq, Inc. that manages Nasdaq exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Riga, Tallinn and Vilnius

SIX Financial Information
type: NamedIndividual
type: publisher
type: FinancialServiceProvider
type: NationalNumberingAgency
type: RegistrationAuthority
definition: SIX Financial Information functional entity, which provides market data gathered from the world's major trading venues directly and in real-time, and is the Valoren issuer and registration authority as well as the national numbering agency (NNA) for Switzerland, Belgium, and Liechtenstein, and the former TELEKURS ID financial instrument identifier issuer and registration authority
is played by: SIX Financial Information AG

SIX Financial Information AG
type: NamedIndividual
type: corporation
definition: SIX Financial Information AG legal entity
has headquarters address: SIX Group AG headquarters address
has legal form abbreviation: Public Limited Company
has global ultimate parent: SIX Group
has prior legal name: Telekurs AG
has prior legal name: Telekurs Holding AG
has prior legal name: Telekurs Holding Ltd.
has prior legal name: Telekurs Holding SA
has prior legal name: Telekurs Ltd
has prior legal name: Telekurs SA
has trading or operational name: SIX Financial Information Ltd
has trading or operational name: SIX SIX Financial Information SA
has legal name: SIX Financial Information AG
explanatory note: The company name SIX is an abbreviation and stands for Swiss Infrastructure and Exchange.

SIX Financial Information AG legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier registry entry for SIX Financial Information AG
has initial registration date: 2019-06-16T17:00:00-07:00
has registration status revision date: 2025-06-12T08:09:00-07:00
has registration status: issued status
has renewal date: 2026-07-14T17:00:00-07:00
has validation level: entity validation level - fully corroborated
comprises: SIX Financial Information AG legal entity identifier

SIX Financial Information
type: NamedIndividual
type: local operating unit
definition: SIX Financial Information functional entity that is an LEI Local Operating Unit (LOU) registrar
is played by: SIX Financial Information AG

SIX Group
type: NamedIndividual
type: FinancialServiceProvider
definition: SIX Group functional entity, which offers exchange services, financial information and banking services with the aim of increasing efficiency, quality and innovative capacity along the entire Swiss banking value chain
abbreviation: SIX
is played by: SIX Group AG

SIX Group AG
type: NamedIndividual
type: corporation
definition: SIX Group AG legal entity
has headquarters address: SIX Group AG headquarters address
has legal form abbreviation: Public Limited Company
has subsidiary: SIX Financial Information
has trading or operational name: SIX Group Ltd
has trading or operational name: SIX Group SA
has legal name: SIX Group AG
explanatory note: The company name SIX is an abbreviation and stands for Swiss Infrastructure and Exchange.

SIX Group AG headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters address for SIX Group AG
has address line1: Hardturmstrasse 201
has postal code: 8005
has country: Switzerland
has municipality: Zurich

SIX Group AG legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier registry entry for SIX Group AG
has initial registration date: 2013-12-09T00:40:03-08:00
has registration status revision date: 2024-12-19T04:22:23-08:00
has registration status: issued status
has renewal date: 2026-02-06T15:00:00-08:00
has validation level: entity validation level - fully corroborated
comprises: SIX Group AG legal entity identifier

Swedish Bankers' Association
type: NamedIndividual
type: FormalOrganization
definition: association that represents banks and financial institutions established in Sweden that contributes to a sound and efficient regulatory framework that facilitates for banks to help create economic wealth for customers and society
adapted from: https://www.swedishbankers.se/en-us/about/about-us/about-us/
is member of: European Banking Federation

WM Datenservice Registry
type: NamedIndividual
type: legal entity identifier registry
definition: WM Datenservice LEI registry

Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann (WM Gruppe) headquarters address
type: NamedIndividual
type: ConventionalStreetAddress
definition: headquarters and legal address for Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann (WM Gruppe)
has address line1: Duesseldorfer Strasse 16
has postal code: 60329
has country: Germany
has municipality: Frankfurt

Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: legal entity identifier registry entry for Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG
has initial registration date: 2013-04-03T04:47:18-07:00
has registration status revision date: 2025-02-27T07:07:45-08:00
has registration status: issued status
has renewal date: 2026-04-14T01:44:35-07:00
has validation level: entity validation level - fully corroborated
comprises: Herausgebergemeinschaft Wertpapier-Mitteilungen Keppler, Lehmann GmbH & Co. KG legal entity identifier

bank
type: Class
subclass of: depository institution
subclass of: Restriction
  on property: provides
  some values from: CommercialLendingService
subclass of: Restriction
  on property: provides
  some values from: DemandDepositAccount
disjoint with: NonBankSubsidiaryOfADomesticEntity
definition: depository institution, usually a corporation, that accepts deposits, makes loans, pays checks, and performs related services, for individual members of the public, businesses or other organizations
adapted from: Barron's Dictionary of Banking Terms, Sixth Edition, 2012

bank holding company
type: Class
subclass of: holding company
subclass of: FinancialServiceProvider
subclass of: Restriction
  on property: isPlayedBy
  on class: corporation
  qualified cardinality: 1
disjoint with: SavingsLoanHoldingCompany
definition: any company that owns and/or has direct or indirect control of one or more banks; BHCs may also own nonbanking subsidiaries such as broker-dealers and asset managers
adapted from: Office of Financial Research (OFR) Annual Report, 2012, Glossary
explanatory note: A bank holding company may also own another bank holding company, which in turn owns or controls a bank; the company at the top of the ownership chain is called the top holder.

banking product
type: Class
subclass of: FinancialProduct
subclass of: Restriction
  on property: isProvidedBy
  some values from: depository institution
definition: product provided to consumers and businesses by a depository institution
example: Examples include checking account, savings account, certificate of deposit, debit or pre-paid card, or credit card.

banking service
type: Class
subclass of: FinancialService
subclass of: Restriction
  on property: isProvidedBy
  some values from: depository institution
definition: financial service offered by a depository institution
example: Examples include cash management service, foreign exchange service, lending or credit service, investment service, insurance service, merchant service, payroll service, and the like.

brokerage firm
type: Class
subclass of: non-depository institution
subclass of: BrokerDealer
definition: firm in the business of buying and selling securities, operating as both a broker and a dealer, depending on the transaction
definition origin: Office of Financial Research (OFR) Annual Report, 2012, Glossary
adapted from: https://www.worldbank.org/en/publication/gfdr/gfdr-2016/background/nonbank-financial-institution
explanatory note: The term broker-dealer is used in U.S. securities regulation parlance to describe stock brokerages, because most of them act as both agents and principals. A brokerage acts as a broker (or agent) when it executes orders on behalf of clients, whereas it acts as a dealer (or principal) when it trades for its own account.
synonym: market maker

business identifier code
type: Class
subclass of: CodeElement
subclass of: StructuredIdentifier
subclass of: OrganizationIdentifier
subclass of: Restriction
  on property: comprises
  on class: OrganizationSubUnitIdentifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: comprises
  on class: business party prefix
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: business party suffix
  qualified cardinality: 1
subclass of: Restriction
  on property: denotes
  on class: FormalOrganization
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  on class: Alpha2Code
  qualified cardinality: 1
subclass of: Restriction
  on property: isMemberOf
  some values from: business identifier code scheme
definition: international identifier for financial and non-financial institutions used to facilitate automated processing of information for financial services
abbreviation: BIC
adapted from: ISO 9362:2014 Banking -- Banking telecommunication messages -- Business identifier code (BIC)
explanatory note: The BIC is used for addressing messages, routing business transactions and identifying business parties. Note that the use of OrganizationSubUnitIdentifier in FIBO corresponds to the Branch Code in the SWIFT scheme.
synonym: SWIFT ID
synonym: SWIFT code
synonym: SWIFT-BIC
synonym: bank identifier code
synonym: business entity identifier

business identifier code scheme
type: Class
subclass of: CodeSet
subclass of: OrganizationIdentificationScheme
subclass of: Restriction
  on property: hasMember
  some values from: business identifier code
definition: scheme that specifies the elements of a unique business identifier code (BIC) scheme to identify financial and non-financial institutions used to facilitate automated processing of information for financial services
adapted from: ISO 9362:2014 Banking -- Banking telecommunication messages -- Business identifier code (BIC)
adapted from: https://www.iso.org/standard/60390.html

business party prefix
type: Class
subclass of: CodeElement
subclass of: OrganizationIdentifier
subclass of: Restriction
  on property: isIncludedIn
  on class: business identifier code
  max qualified cardinality: 1
subclass of: Restriction
  on property: isDefinedIn
  some values from: business identifier code scheme
definition: four-character (4 alphanumeric) code associated with an organization for the purposes of banking telecommunications
adapted from: ISO 9362:2014 Banking -- Banking telecommunication messages -- Business identifier code (BIC)
explanatory note: For new BIC registration by an organization already identified with a BIC or an affiliated organization [after the transition period ending November 2018], SWIFT will still reserve the usage of an existing party prefix to these organizations. This legacy rule will be reserved to existing BIC owners. If they wish to preserve this value, no other organization will be allowed to use the same code
explanatory note: For new BIC registration from an organization not yet identified by a BIC, the party prefix will be allocated at the discretion of the RA. The code will not have a mnemonic or acronym value anymore.
synonym: bank code
synonym: institution code

business party suffix
type: Class
subclass of: CodeElement
subclass of: Restriction
  on property: isIncludedIn
  some values from: business identifier code
subclass of: Restriction
  on property: isDefinedIn
  some values from: business identifier code scheme
definition: two-character (2 alphanumeric) code associated with the organization for the purposes of banking telecommunications
adapted from: ISO 9362:2014 Banking -- Banking telecommunication messages -- Business identifier code (BIC)
explanatory note: In the prior version of the standard, position 7 of the BIC determined the location of the BIC in a particular country. In a country spanning over multiple time zones, each character may have been used to define a different time zone. If an organization moved location to a different time zone within the same country, the existing BIC would normally have been deleted and replaced by a new BIC with the appropriate location code.
explanatory note: With the revision of the standard [and transition period ending November 2018], the location code has been re-defined as a 'party suffix' without any specific meaning. A new reference data attribute has been introduced in the SWIFTRef directories to indicate where the institution is located and to which time zone it refers.

central bank
type: Class
subclass of: bank
subclass of: monetary authority
subclass of: Restriction
  on property: isPlayedBy
  all values from: instrumentality
disjoint with: ForeignBank
definition: financial institution that is the monetary authority and major regulatory bank for a country (or group of countries)
explanatory note: Its functions include issuing and managing the country's currency, controlling monetary policy and supervising money market operations, managing exchange and gold reserves, acting as lender of last resort to commercial banks, and providing banking services to the government. Central banks are state-controlled but are increasingly being given an independent status to insulate them from partisan politics.

central counterparty clearing house
type: Class
subclass of: clearing house
definition: clearing house that helps facilitate trading in derivatives and equities markets
abbreviation: CCP
explanatory note: These clearing houses are often operated by the major banks in the country. The house's prime responsibility is to provide efficiency and stability to the financial markets that they operate in. There are two main processes that are carried out by CCPs: clearing and settlement of market transactions. Clearing relates to identifying the obligations of both parties on either side of a transaction. Settlement occurs when the final transfer of securities and funds occur. CCPs benefit both parties in a transaction because they bear most of the credit risk. If two individuals deal with one another, the buyer bears the credit risk of the seller, and vice versa. When a CCP is used the credit risk that is held against both buyer and seller is coming from the CCP, which in all likelihood is much less than in the previous situation.

central securities depository
type: Class
subclass of: FinancialServiceProvider
definition: functional entity that provides a central point for depositing financial instruments ('securities'), for example, bonds and shares
abbreviation: CSD
adapted from: http://ecsda.eu/facts/faq
explanatory note: CSDs' clients are typically financial institutions themselves (such as custodian banks and brokers) rather than individual investors.

clearing bank
type: Class
subclass of: clearing house
subclass of: commercial bank
definition: commercial bank that facilitates payment and settlement of financial transactions, such as check clearing or facilitating trades between the sellers and buyers of securities or other financial instruments or contracts
definition origin: Office of Financial Research (OFR) Annual Report, 2012, Glossary

clearing corporation
type: Class
subclass of: clearing house
subclass of: Restriction
  on property: isPlayedBy
  on class: corporation
  qualified cardinality: 1
definition: clearing house that is organized as a corporation
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014

clearing house
type: Class
subclass of: FinancialServiceProvider
subclass of: Restriction
  on property: provides
  some values from: clearing service
definition: financial service provider that is exchange affiliated and provides clearing services, including the validation, delivery, and settlement of financial transactions, for financial intermediaries
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014

clearing service
type: Class
subclass of: FinancialService
definition: service provided on behalf of an institutional market participant by a clearing services provider following a trade that finalizes the transfer of security ownership
adapted from: EDM Council / Quarule

commercial bank
type: Class
subclass of: bank
subclass of: Restriction
  on property: isPlayedBy
  on class: corporation
  qualified cardinality: 1
definition: depository institution that engages in various financial services, such as accepting deposits and making loans
explanatory note: A commercial bank is a financial institution that is owned by stockholders, operates for a profit, and engages in various lending activities. Commercial banks provide services, such as accepting deposits, giving business loans and auto loans, mortgage lending, and basic investment products like savings accounts and certificates of deposit.
explanatory note: The traditional commercial bank is a brick and mortar institution with tellers, safe deposit boxes, vaults and ATMs. However, some commercial banks do not have any physical branches and require consumers to complete all transactions by phone or Internet. In exchange, they generally pay higher interest rates on investments and deposits, and charge lower fees.

commercial finance company
type: Class
subclass of: finance company
definition: finance company that makes loans to manufacturers and wholesalers, secured by accounts receivable, inventories, and equipment
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
synonym: commercial credit company

commodity trading advisor
type: Class
subclass of: non-depository institution
definition: party that directly or indirectly advises others as to the value or advisability of buying or selling futures contracts or options
abbreviation: CTA
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
explanatory note: Indirect advice includes exercising trading authority over a customer's account. In the U.S., registered CTAs are registered with the Commodities Futures Trading Commission (CFTC) and are generally required to be members of the National Futures Association (NFA).

consumer finance company
type: Class
subclass of: finance company
definition: finance company that lends to individuals under the small loans laws of the jurisdiction in which they operate
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
synonym: direct loan company
synonym: small loan company

contractual savings institution
type: Class
subclass of: investor
subclass of: non-depository institution
subclass of: Restriction
  on property: isPlayedBy
  on class: Class
    union of: special purpose vehicle
    union of: partnership
    union of: private company with limited liability
  min qualified cardinality: 0
definition: financial institution that provides the opportunity for individuals to invest in collective investment vehicles in a fiduciary rather than a principle role
example: Example institutional investors include banks, insurance companies, mutual funds, pension funds, and other similar large funds.
adapted from: https://www.worldbank.org/en/publication/gfdr/gfdr-2016/background/nonbank-financial-institution
explanatory note: Collective investment vehicles invest the pooled resources of the individuals and firms into numerous equity, debt, and derivatives promises. The individual, however, holds equity in the CIV itself rather what the CIV invests in specifically. The two most popular examples of contractual savings institutions are mutual funds and private pension plans.
explanatory note: Typically more than 70 percent of the daily trading on the New York Stock Exchange is conducted on behalf of institutional investors.
synonym: institutional investment firm
synonym: institutional investor
synonym: investisseur institutionnel @fr-fr

credit union
type: Class
subclass of: cooperative society
subclass of: depository institution
subclass of: Restriction
  on property: isPlayedBy
  on class: not for profit organization
  qualified cardinality: 1
definition: not-for-profit depository institution that makes personal loans and offers other consumer banking services, organized for the purpose of promoting thrift among its members and creating a source of credit for provident or productive purposes

data processing service
type: Class
subclass of: FinancialService
subclass of: Restriction
  on property: isProvidedBy
  some values from: data processing servicer
definition: financial service offered by an entity primarily engaged in providing infrastructure for hosting or data processing services
adapted from: https://www.ffiec.gov/npw/Help/InstitutionTypes

data processing servicer
type: Class
subclass of: FinancialServiceProvider
definition: finance services provider primarily engaged in providing infrastructure for hosting or data processing services
adapted from: https://www.ffiec.gov/npw/Help/InstitutionTypes
explanatory note: These establishments may provide specialized hosting activities, such as web hosting, streaming services or application hosting, provide application service provisioning, or may provide general time-share mainframe facilities to clients. Data processing establishments provide complete processing and specialized reports from data supplied by clients or provide automated data processing and data entry services.

depository institution
type: Class
subclass of: financial institution
subclass of: Restriction
  on property: provides
  some values from: DepositAccount
disjoint with: non-depository institution
definition: any financial institution engaged in the business of receiving demand deposits from the public or other institutions
adapted from: 12 U.S. Code Section 1813 - Definitions, see, for example, http://www.law.cornell.edu/uscode/text/12/1813
adapted from: https://www.fdic.gov/regulations/laws/rules/1000-400.html#fdic1000sec.3a

development bank
type: Class
subclass of: financial institution
definition: national or regional financial institution designed to provide medium- and long-term capital for productive investment, often accompanied by technical assistance, in poor countries
synonym: development finance company (DFC)
synonym: development financial institution (DFI)

electronic funds transfer service
type: Class
subclass of: FinancialService
definition: service involving any transfer of funds other than a transaction involving a paper instrument, that is initiated through an electronic terminal, telephone, or computer and that orders or authorizes a financial institution to debit or credit an account
example: EFT services include transfers through automated teller machines, point-of-sale terminals, automated clearinghouse systems, telephone bill-payment plans in which periodic or recurring transfers are contemplated, and remote banking programs.
abbreviation: EFT
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
synonym: wire transfer service

face amount certificate company
type: Class
subclass of: investment company
disjoint with: management company
definition: investment company which is engaged or proposes to engage in the business of issuing face-amount certificates of the installment type, or which has been engaged in such business and has any such certificate outstanding
definition origin: Section 4, definition of investment companies, Investment Company Act of 1940 as amended and approved as of 3 January 2012, see https://www.sec.gov/about/laws/ica40.pdf
explanatory note: An investor may enter into a contract with an issuer of a face amount certificate to contract to receive a stated or fixed amount of money (the face amount) at a stated date in the future. In exchange for this future sum, the investor must deposit an agreed lump sum or make scheduled installment payments over time. Face amount certificates are rarely issued these days, as most of the tax advantages that the investment once offered have been lost through changes in the tax laws.

finance company
type: Class
subclass of: non-depository institution
definition: financial intermediary in the business of making loans that obtains its financing from banks, institutions, and other money market sources rather than from deposits
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014

financial institution
type: Class
subclass of: FinancialServiceProvider
subclass of: Restriction
  on property: provides
  some values from: FinancialService
subclass of: Restriction
  on property: isRegulatedBy
  some values from: RegulatoryAgency
definition: financial service provider identified as either a government agency or privately owned entity that collects funds from the public and from other institutions, and invests those funds in financial assets, such as loans, securities, bank deposits, and income-generating property
adapted from: Barron's Dictionary of Banking Terms, Sixth Edition, 2012
explanatory note: Financial institutions are differentiated by the way they obtain and invest funds. Depository institutions accept public deposits, which are insured by the government against loss, and channel those deposits into lending activities. Non-depository institutions, such as brokerage firms, life insurance companies, pension funds, and investment companies, fund their investment activities directly from financial markets by selling securities to the public or by selling insurance policies, in the case of insurance companies.
synonym: financial intermediary

financial service provider identifier
type: Class
subclass of: PartyRoleIdentifier
subclass of: Restriction
  on property: isGovernedBy
  on class: Jurisdiction
  min qualified cardinality: 0
subclass of: Restriction
  on property: isMemberOf
  on class: financial service provider identifier scheme
  qualified cardinality: 1
subclass of: Restriction
  on property: identifies
  on class: FinancialServiceProvider
  qualified cardinality: 1
definition: identifier that is officially allocated to a financial service provider based on a function that they provide, typically in a jurisdiction over which a regulatory agency has some jurisdiction

financial service provider identifier scheme
type: Class
subclass of: IdentificationScheme
subclass of: Restriction
  on property: hasMember
  some values from: financial service provider identifier
definition: scheme that defines the financial service provider identifier per the issuing registration authority or regulatory agency

futures commission merchant
type: Class
subclass of: non-depository institution
definition: party that does both of the following: (1) solicits or accepts orders to buy or sell futures contracts, options on futures, retail off-exchange forex contracts, or swaps and (2) accepts money or other assets from customers to support such orders
abbreviation: FCM
adapted from: National Futures Association

holding company
type: Class
subclass of: functional business entity
subclass of: Restriction
  on property: has portfolio company
  on class: controlled party
  min qualified cardinality: 0
definition: business entity established to own stock in another company, typically to own enough voting shares to have some level of control over that company's policies and management
explanatory note: Holding companies protect their owners from losses to some degree, protecting assets, for example, in case of bankruptcy. They can also be set up to own property such as real estate, patents, trademarks, stocks and other assets to limit financial and legal liability

insurance company
type: Class
subclass of: risk pooling institution
definition: non-depository institution whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies, and that provides compensation based on the happening of at least one contingency
adapted from: http://www.ffiec.gov/nicpubweb/Content/HELP/Institution%20Type%20Description.htm
adapted from: https://www.sec.gov/about/laws/ica40.pdf
explanatory note: In the US, insurance companies are subject to supervision by the insurance commissioner or a similar official or agency of a State; or any receiver or similar official or any liquidating agent for such a company, in his capacity as such. Common forms of insurance include life, property and casualty, and health insurance. In addition to insuring against hazards, many insurance companies also sell investments or investment-like products. The most prevalent investment products offered by insurers are annuities and life insurance policies that also feature investment elements. A number of insurance companies operate brokerage arms that trade securities on behalf of clients.

insurance service
type: Class
subclass of: FinancialService
definition: financial service in which the insurer promises to provide compensation for specific potential future losses in exchange for a periodic payment
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
explanatory note: Insurance providers invest the compensation they receive in order to make a profit. In general, insurance transfers risk from individuals or organizations to a larger pool of individuals or organizations that are better able to mitigate that risk.

investment bank
type: Class
subclass of: financial institution
subclass of: Class
  union of: bank
  union of: brokerage firm
definition: financial service provider that acts as an underwriter or agent that serves as intermediary between the issuer of securities and the investing public
explanatory note: Major investment banks include Barclays, BofA Merrill Lynch, Warburgs, Goldman Sachs, Deutsche Bank, JP Morgan, Morgan Stanley, Salomon Brothers, UBS, Credit Suisse, Citibank and Lazard. Some investment banks specialize in particular industry sectors. Many investment banks also have retail operations that serve small, individual customers.

investment company
type: Class
subclass of: non-depository institution
disjoint with: NewYorkArticleXIIInvestmentCompany
definition: any issuer which: (a) is or holds itself out as being engaged primarily, or proposes to engage primarily, in the business of investing, reinvesting, or trading in securities; (b) is engaged or proposes to engage in the business of issuing face-amount certificates of the installment type, or has been engaged in such business and has any such certificate outstanding; or (c) is engaged or proposes to engage in the business of investing, reinvesting, owning, holding, or trading in securities, and owns or proposes to acquire investment securities having a value exceeding 40 per centum of the value of such issuer's total assets (exclusive of Government securities and cash items) on an unconsolidated basis
definition origin: Section 3a of the Investment Company Act of 1940 as amended in January, 2012, https://www.sec.gov/about/laws/ica40.pdf
explanatory note: An investment company is organized as either a corporation or as a trust. Individual investors' money is then pooled together in a single account and used to purchase securities that will have the greatest chance of helping the investment company reach its objectives. All investors jointly own the portfolio that is created through these pooled funds, and each investor has an undivided interest in the securities.
explanatory note: In the US, all investment company offerings are subject to the Securities Act of 1933, which requires the investment company to register with the Securities Exchange Commission (SEC) and to give all purchasers a prospectus. Investment companies are also subject to the Investment Company Act of 1940, which sets forth guidelines on how investment companies must operate.

investment service
type: Class
subclass of: FinancialService
definition: financial service designed to assist investors in using capital to create more money, either through income-producing vehicles or through more risk-oriented ventures to result in capital gains, including but not limited to providing investment advice, asset and portfolio management, and brokerage services
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014

management company
type: Class
subclass of: investment company
disjoint with: unit investment trust
definition: investment company that sells and manages a portfolio of securities other than a face-amount certificate company or unit investment fund
definition origin: Section 4, definition of investment companies, Investment Company Act of 1940 as amended and approved as of 3 January 2012, see https://www.sec.gov/about/laws/ica40.pdf
explanatory note: Management companies allow investors to pool their capital with that of other investors in order to purchase professionally-managed groups of diversified securities.

merchant service
type: Class
subclass of: FinancialService
definition: financial service provided by a financial institution to a merchant or other business, including but not limited to managing financial transactions via a secure channel
example: Example merchant services include credit and debit card processing, check guarantee and conversion services, point of sale (PoS) systems, gift card and loyalty programs, online transaction processing, etc.
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014

monetary authority
type: Class
subclass of: RegulatoryAgency
subclass of: Restriction
  on property: regulates supply of
  some values from: Currency
definition: regulatory agency that controls the monetary policy, regulation and supply of money in some country or group of countries
example: a central bank, the executive branch of a government, a central bank for several nations, a currency board
adapted from: http://www.investordictionary.com/definition/monetary-authority

money services business
type: Class
subclass of: non-depository institution
definition: any person doing business, whether or not on a regular basis or as an organized business concern, in one of the following capacities: (1) currency dealer or exchanger, (2) check casher, (3) issuer of traveler's checks, money orders, or stored value, (4) seller or redeemer of traveler's checks, money orders, or stored value, (5) money transmitter, or (6) postal service
abbreviation: MSB
explanatory note: This definition excludes banks and persons registered with or examined by the Securities and Exchange Commission or the Commodities Futures Trading Commission.

mortgage company
type: Class
subclass of: FinancialServiceProvider
definition: financial service provider that originates and/or funds mortgages for residential or commercial property

non-depository institution
type: Class
subclass of: financial institution
definition: financial institution that does not have a full banking license and typically is not supervised by a national or international banking regulatory agency
history note: The term 'non-bank' may have been derived from 'non-deposit taking banking institution'. To be clearer, non-depository institutions are explicitly disjoint with depository institutions (financial institutions that take deposits of some sort, potentially including securities) in FIBO. Banks are defined as financial institutions that take demand deposits from the public and that also provide commercial lending services. Many 'non-bank' institutions take deposits or provide commercial lending services, but they may not do both.
adapted from: Barron's Dictionary of Banking Terms, Sixth Edition, 2012
adapted from: https://www.worldbank.org/en/publication/gfdr/gfdr-2016/background/nonbank-financial-institution
explanatory note: A non-depository financial institution acts as a middleman between two parties in a financial transaction, and does not provide traditional depository services, such as brokerage firms, insurance companies, and investment companies. These kinds of institutions facilitate alternative financial services, such as investment (both collective and individual), risk pooling, financial consulting, brokering, money transmission, and check cashing. NBFIs are a source of consumer credit (along with licensed banks). Examples of nonbank financial institutions include insurance firms, venture capitalists, currency exchanges, some microloan organizations, and pawn shops. These non-bank financial institutions provide services that are not necessarily suited to banks, serve as competition to banks, and specialize in sectors or groups.
synonym: non-bank financial company (NBFC)
synonym: non-bank financial institution (NBFI)
synonym: non-banking financial institution (NBFI)

payment service
type: Class
subclass of: merchant service
subclass of: Restriction
  on property: involves
  some values from: PaymentObligation
definition: financial service that involves acceptance of electronic payments by a variety of payment methods including credit card, bank-based payments such as direct debit, bank transfer, and real-time bank transfer based on online banking

payroll service
type: Class
subclass of: FinancialService
definition: financial service, typically provided to small businesses that are not large enough to have an internal finance organization, that involves managing payment of wages to employees
explanatory note: Payroll services typically include printing of employee pay checks, direct deposit of wages to employee bank accounts, calculation and withholding of employee taxes, calculation and payment of corporate payroll taxes and fees with appropriate government authorities (such as Social Security in the US), filing government quarterly and annual reports, and so forth. They may also include management of retirement and savings plans, health benefits, timekeeping, automated integration with the business' accounting system, etc.

principal underwriter
type: Class
subclass of: underwriter
definition: underwriter who, as principal, purchases from an investment company, or pursuant to some contract has the right to purchase from such company, any security for distribution, or who as agent for such company sells or has the right to sell any security to a dealer or to the public, excluding any dealer who purchases from such company through sn underwriter acting as an agent for such company
adapted from: Section 3a of the Investment Company Act of 1940 as amended in January, 2012, https://www.sec.gov/about/laws/ica40.pdf
explanatory note: Principal underwriter of or for a closed-end company or any issuer which is not an investment company, or of any security issued by such a company or issuer, means any underwriter who, in connection with a primary distribution of securities, (a) is in privity of contract with the issuer or an affiliated person of the issuer; (b) acting alone or in concert with one or more other persons, initiates or directs the formation of an underwriting syndicate; or (c) is allowed a rate of gross commission, spread, or other profit greater than the rate allowed another underwriter participating in the distribution.

registered investment advisor
type: Class
subclass of: FinancialServiceProvider
subclass of: RegisteredAgent
subclass of: Restriction
  on property: advises
  some values from: controlled party
subclass of: Restriction
  on property: isRegisteredBy
  some values from: Class
    union of: RegistrationAuthority
    union of: RegulatoryAgency
definition: registered agent and financial service provider that advises high net worth individuals on investments and manages their portfolios
abbreviation: RIA

risk pooling institution
type: Class
subclass of: non-depository institution
definition: financial institution that provides some financial service while spreading the financial risk inherent in that service to lower the probability of a catastrophic financial event by aggregating customers across diverse dimensions as a risk management practice
example: Insurance companies are the most common form of risk pooling institution.
adapted from: https://www.worldbank.org/en/publication/gfdr/gfdr-2016/background/nonbank-financial-institution

sales finance company
type: Class
subclass of: finance company
definition: finance company that purchases retail and wholesale paper from automobile and other consumer and commercial goods dealers
adapted from: Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014
synonym: acceptance company

savings association
type: Class
subclass of: depository institution
definition: depository institution that is (a) any federal savings bank or association chartered under section 1464 of the Federal Deposit Insurance Act; (b) any state chartered building and loan association, savings and loan association, or homestead association; or (c) any cooperative bank (other than a cooperative bank which is a state bank as defined in subsection (a)(2)) of the Federal Deposit Insurance Act, which is organized and operating according to the laws of the State (as defined in subsection (a)(3)) in which it is chartered or organized; and (c) any corporation (other than a bank) that the board of directors and the comptroller of the currency jointly determine to be operating in substantially the same manner as such a depository institution
adapted from: https://www.fdic.gov/regulations/laws/rules/1000-400.html#fdic1000sec.3a

self-regulating organization
type: Class
subclass of: RegulatoryAgency
subclass of: Restriction
  on property: isPlayedBy
  some values from: non-governmental organization
definition: non-governmental organization that has the power to create and exercise some degree of regulatory authority over an industry or profession in some country or group of countries
abbreviation: SRO

trust company
type: Class
subclass of: financial institution
subclass of: Restriction
  on property: isPlayedBy
  on class: corporation
  qualified cardinality: 1
definition: financial institution that acts as a fiduciary, trustee or agent of trusts and agencies
explanatory note: A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts. The trust company oversees the management of assets covered by the trust agreement. Such companies often are used when a grantor feels the trust company can do an equal or better job managing the assets than an individual person, or if the grantor does not know of anyone else who can act as trustee. Trust companies sometimes act as fiscal agents for corporations by attending to the registration and transfer of their stocks and bonds, serving as a trustee for their bond and mortgage creditors, and transacting general banking and loan business.

underwriter
type: Class
subclass of: FinancialServiceProvider
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isAPartyTo
    some values from: underwriting arrangement
definition: financial service provider that evaluates and assumes another party's risk for a fee, such as a commission, premium, spread or interest

underwriting arrangement
type: Class
subclass of: WrittenContract
subclass of: Restriction
  on property: hasPartyRole
  some values from: underwriter
definition: written contract between parties that commits the underwriter to assuming risk

unit investment trust
type: Class
subclass of: investment company
definition: investment company which (a) is organized under a trust indenture, contract of custodianship or agency, or similar instrument, (b) does not have a board of directors, and (c) issues only redeemable securities, each of which represents an undivided interest in a unit of specified securities; but does not include a voting trust
definition origin: Section 4, definition of investment companies, Investment Company Act of 1940 as amended and approved as of 3 January 2012, see https://www.sec.gov/about/laws/ica40.pdf
abbreviation: UIT
synonym: unit investment company

wealth management service
type: Class
subclass of: FinancialService
definition: financial service that combines financial and investment advice, accounting and tax services, retirement planning and legal or estate planning for one set fee

has date established
type: ObjectProperty
sub property of: hasExplicitDate
sub property of: hasStartDate
range: ExplicitDate
definition: the date that the financial service provider was formally established
adapted from: https://www.ffiec.gov/nicpubweb/Content/DataDownload/NPW%20Data%20Dictionary.pdf
explanatory note: This may be the date on its papers of incorporation or formation document, or the date on which it was granted a license.
synonym: date of commencement of existence

has date establishment terminated
type: ObjectProperty
sub property of: hasExpirationDate
sub property of: hasTerminationDate
sub property of: hasExplicitDate
range: ExplicitDate
definition: last full day that the entity existed
adapted from: https://www.ffiec.gov/nicpubweb/Content/DataDownload/NPW%20Data%20Dictionary.pdf

has date insured
type: ObjectProperty
sub property of: hasExplicitDate
sub property of: hasStartDate
range: ExplicitDate
definition: date on which insurance became effective
adapted from: https://www.ffiec.gov/nicpubweb/Content/DataDownload/NPW%20Data%20Dictionary.pdf

has portfolio company
type: ObjectProperty
sub property of: isPartyControlling
domain: ControllingParty
range: controlled party
inverse of: is portfolio company of
definition: indicates a party in which a venture capital firm, a buyout firm, or a holding company has invested

is portfolio company of
type: ObjectProperty
sub property of: hasControllingParty
domain: controlled party
range: ControllingParty
definition: indicates a venture capital firm, a buyout firm, or a holding company that is a financial sponsor (i.e. investor in) of the party

regulates supply of
type: ObjectProperty
sub property of: governs
domain: RegulatoryAgency
definition: relates a regulatory agency to something it controls or supervises the availability of in some market by means of rules and regulations
example: The Federal Reserve System, whose banks together comprise the central bank of the United States, supervises banking system and regulates the money supply in the US.

Bank for International Settlements
type: NamedIndividual
type: instrumentality
label: Bank für Internationalen Zahlungsausgleich @de
label: Banque Des Reglements Internationaux @fr
definition: international financial organization that serves central banks in their pursuit of monetary and financial stability, helping to foster international cooperation in those areas and acting as a bank for central banks
has headquarters address: Bank for International Settlements address
has legal address: Bank for International Settlements address
has legal name: Bank für Internationalen Zahlungsausgleich @de
abbreviation: BIS
adapted from: Office of Financial Research (OFR) Annual Report, 2012, Glossary
explanatory note: Established in 1930, the BIS is owned by 63 central banks, representing countries from around the world that together account for about 95 percent of world GDP. Its head office is in Basel, Switzerland and it has two representative offices: in Hong Kong SAR and in Mexico City, as well as Innovation Hub Centres around the world.
has website: https://www.bis.org/

Bank for International Settlements address
type: NamedIndividual
type: ConventionalStreetAddress
definition: Tower building address for the Bank for International Settlements (BIS)
has address line1: Centralbahnplatz 2
has postal code: 4051
has country: Switzerland
has municipality: Basel

Bank for International Settlements as banking services provider
type: NamedIndividual
type: bank
definition: Bank for International Settlements role as a banking services provider to central banks and other monetary authorities
has date established: Bank for International Settlements date established
adapted from: Office of Financial Research (OFR) Annual Report, 2012, Glossary
explanatory note: The Bank for International Settlements offers a wide range of financial services specifically designed to assist central banks and other official monetary institutions in the management of their foreign exchange reserves. BIS facilitates international financial cooperation and endeavors to make monetary policy more predictable and transparent. Its customers are central banks and international organizations; they do not accept deposits from, or provide financial services to, private individuals or corporate entities.
is played by: Bank for International Settlements

Bank for International Settlements date established
type: NamedIndividual
type: ExplicitDate
definition: date that Bank for International Settlements was established to offer financial services to BIS member central banks
has date value: 1930-05-01

Bank for International Settlements legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: Global LEI Index registry entry for Bank for International Settlements (BIS)
has initial registration date: 2012-06-06T08:55:00-07:00
has registration status revision date: 2021-06-29T14:31:00-07:00
has registration status: issued status
has renewal date: 2022-06-25T07:42:00-07:00
has validation level: entity validation level - fully corroborated
comprises: Bank for International Settlements legal entity identifier

business identifier code data record
type: Class
subclass of: business registry entry
subclass of: Restriction
  on property: isIncludedIn
  has value: business identifier code registry
subclass of: Restriction
  on property: is self-maintained
  some values from: string
subclass of: Restriction
  on property: comprises
  some values from: business identifier code
definition: entry in a registry that conforms to ISO 9362 for the management of BIC codes and related registration information
abbreviation: BIC data record
adapted from: https://www.swift.com/standards/data-standards/bic

Business Identifier Code registration authority
type: NamedIndividual
type: business registration authority
type: FinancialServiceProvider
definition: registration authority and financial service provider, appointed by the International Standards Organization (ISO), that is the official registration authority (RA) for ISO 9362, Banking - Banking telecommunication messages - Business identifier code (BIC)
abbreviation: BIC RA
abbreviation: BIC registration authority
adapted from: https://www.swift.com/standards/data-standards/bic
synonym: BIC code registrar
manages: business identifier code registry
is played by: Society for Worldwide Interbank Financial Telecommunication

business identifier code registry
type: NamedIndividual
type: business registry
definition: registry for registering and maintaining information about bank and other business identifier codes that conform to ISO 9362
abbreviation: BIC registry
adapted from: https://www.swift.com/standards/data-standards/bic
is managed by: Business Identifier Code registration authority

Global Legal Entity Identifier Foundation (GLEIF) legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: Global LEI Index registry entry for Global Legal Entity Identifier Foundation (GLEIF)
has initial registration date: 2018-03-15T22:13:33-07:00
has registration status revision date: 2021-07-15T05:29:06-07:00
has registration status: issued status
has renewal date: 2022-03-15T16:00:00-07:00
has validation level: entity validation level - fully corroborated
comprises: Global Legal Entity Identifier Foundation legal entity identifier

Global LEI Index
type: NamedIndividual
type: legal entity identifier registry
definition: registry that contains historical and current LEI records including related reference data in one authoritative, central repository
explanatory note: The reference data provides the information on a legal entity identifiable with an LEI. The Global LEI Index is the only global online source that provides open, standardized and high quality legal entity reference data.

Global Legal Entity Identifier Foundation
type: NamedIndividual
type: not for profit organization
definition: Global Legal Entity Identifier Foundation (GLEIF) legal entity, tasked to support the implementation and use of the Legal Entity Identifier (LEI)
has headquarters address: Global Legal Entity Identifier Foundation address
has legal address: Global Legal Entity Identifier Foundation address
has legal name: Global Legal Entity Identifier Foundation
abbreviation: GLEIF
has website: https://www.gleif.org/en/

Global Legal Entity Identifier Foundation address
type: NamedIndividual
type: ConventionalStreetAddress
definition: physical address of the Global Legal Entity Identifier Foundation (GLEIF)
has address line1: St. Alban-Vorstadt 5
has postal code: 4052
has country: Switzerland
has municipality: Basel

IBAN registration authority
type: NamedIndividual
type: FinancialServiceProvider
type: RegistrationAuthority
definition: ISO 13616:2007, International Bank Account Number (IBAN) Registration Authority (RA) and financial service provider, appointed by the International Standards Organization (ISO), that is the official registration authority (RA) for ISO 13616:2007, Financial services - International bank account number (IBAN)
adapted from: https://www.swift.com/standards/data-standards/iban
manages: business identifier code registry
is played by: Society for Worldwide Interbank Financial Telecommunication

Legal Entity Identifier registration authority
type: NamedIndividual
type: RegistrationAuthority
definition: registration authority appointed by the International Standards Organization (ISO) that is the official registration authority (RA) for ISO 17442, Financial services - Legal entity identifier (LEI)
manages: Global LEI Index
is played by: Global Legal Entity Identifier Foundation

MIC registration authority
type: NamedIndividual
type: FinancialServiceProvider
type: RegistrationAuthority
definition: ISO 10383, Market Identifier Code (MIC) Registration Authority (RA) and financial service provider, appointed by the International Standards Organization (ISO), that is the official registration authority (RA) for ISO 10383, Codes for exchanges and market identification (MIC)
abbreviation: MIC RA
adapted from: https://www.anna-web.org/standards/mic-iso-10383/
adapted from: https://www.iso20022.org/10383/iso-10383-market-identifier-codes
synonym: ISO 10383 Registration Authority
manages: market identifier code registry
is played by: Society for Worldwide Interbank Financial Telecommunication

market identifier code registry
type: NamedIndividual
type: Registry
definition: registry for registering and maintaining information for market identifier codes that conform to ISO 10383
abbreviation: MIC registry
adapted from: https://www.iso20022.org/10383/iso-10383-market-identifier-codes
is managed by: MIC registration authority

market identifier code registry entry
type: Class
subclass of: RegistryEntry
subclass of: Restriction
  on property: isIncludedIn
  has value: market identifier code registry
subclass of: Restriction
  on property: has registration status revision date
  max qualified cardinality: 1
  on data range: string
subclass of: Restriction
  on property: has market identifier code status
  on class: market indicator code status
  qualified cardinality: 1
subclass of: Restriction
  on property: has initial registration date
  on data range: string
  qualified cardinality: 1
subclass of: Restriction
  on property: comprises
  some values from: market identifier
definition: entry in a market identifier code registry that conforms to ISO 10383
abbreviation: MIC registry entry
adapted from: https://www.iso20022.org/10383/iso-10383-market-identifier-codes

Society for Worldwide Interbank Financial Telecommunication (SWIFT) legal entity identifier registry entry
type: NamedIndividual
type: legal entity identifier registry entry
definition: Global LEI Index registry entry for the Society for Worldwide Interbank Financial Telecommunication (SWIFT)
has initial registration date: 2012-06-06T08:54:00-07:00
has registration status revision date: 2021-02-12T13:35:00-08:00
has registration status: issued status
has renewal date: 2022-01-20T00:21:00-08:00
has validation level: entity validation level - fully corroborated
comprises: Society for Worldwide Interbank Financial Telecommunication (SWIFT) legal entity identifier

Society for Worldwide Interbank Financial Telecommunication
type: NamedIndividual
type: not for profit organization
definition: Society for Worldwide Interbank Financial Telecommunication (SWIFT) legal entity, which is a global member-owned cooperative and the world's leading provider of secure financial messaging services
has headquarters address: Society for Worldwide Interbank Financial Telecommunication address
has legal address: Society for Worldwide Interbank Financial Telecommunication address
has legal name: Society for Worldwide Interbank Financial Telecommunication SCRL/CVBA
abbreviation: SWIFT
has website: https://www.swift.com/

Society for Worldwide Interbank Financial Telecommunication address
type: NamedIndividual
type: ConventionalStreetAddress
definition: corporate address for the Society for Worldwide Interbank Financial Telecommunication (SWIFT)
has address line1: Avenue Adèle 1
has postal code: 1310
has city name: La Hulpe
has country: Belgium

active MIC status
type: NamedIndividual
type: market indicator code status
definition: market identifier code status that indicates that as of the last report or update, the code was registered and actively in use
has tag: ACTIVE
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), version 2.0
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

alternative trading system
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - ATSS
definition: trading venue that is more loosely regulated than a regulated exchange
abbreviation: ATS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: The SEC formally defines an alternative trading system as any organization, association, person, group of persons, or systems (1) that constitutes, maintains, or provides a market place or facilities for bringing together purchasers and sellers of securities or for otherwise performing with respect to securities the functions commonly performed by a stock exchange within the meaning of Rule 3b-16 under the Exchange Act; and (2) that does not (i) set rules governing the conduct of subscribers other than the conduct of such subscribers' trading on such organization, association, person, group of persons, or system, or (ii) discipline subscribers other than by exclusion from trading.

approved publication arrangement
type: Class
subclass of: data reporting services provider
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - APPA
definition: data reporting services provider that is authorized to provide the service of publishing certain trade reports on behalf of banks, investment firms, or asset management companies
abbreviation: APA
adapted from: https://www.esma.europa.eu/press-news/esma-news/esma-identifies-data-reporting-services-providers-be-supervised-directly
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/approved-publication-arrangement-apa
synonym: authorised publication arrangement
synonym: authorized publication arrangement

approved reporting mechanism
type: Class
subclass of: data reporting services provider
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - ARMS
definition: data reporting services provider that is authorized to provide the service of reporting details of transactions to competent authorities or ESMA (the European Securities and Markets Authority) on behalf of investment firms
abbreviation: ARM
adapted from: https://www.esma.europa.eu/press-news/esma-news/esma-identifies-data-reporting-services-providers-be-supervised-directly
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/approved-reporting-mechanism

auction market
type: Class
subclass of: exchange
definition: exchange in which buyers and sellers submit competitive bids that do not involve direct negotiations between parties, as part of an auction scheduled either on demand or on a periodic basis

consolidated tape provider
type: Class
subclass of: data reporting services provider
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - CTPS
definition: data reporting services provider that is authorized to provide the service of collecting trade reports for financial instruments from regulated markets, MTFs, OTFs and APAs and consolidating them into a continuous electronic live data stream providing price and volume data per financial instrument
abbreviation: CTP
adapted from: https://www.esma.europa.eu/press-news/esma-news/esma-identifies-data-reporting-services-providers-be-supervised-directly
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/consolidated-tape-providers-hereinafter-referred-to-as-ctp
explanatory note: Consolidated tape is an electronic system that collates real-time exchange-listed data, such as price and volume, and disseminates it to investors. Through the consolidated tape, various major exchanges, including the New York Stock Exchange, the NASDAQ, and the Chicago Board Options Exchange, report trades and quotes.

crypto asset services provider
type: Class
subclass of: FinancialServiceProvider
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - CASP
subclass of: Restriction
  on property: has facility acronym
  min cardinality: 0
subclass of: Restriction
  on property: hasFormalName
  min cardinality: 0
subclass of: Restriction
  on property: isIdentifiedBy
  on class: market identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: operates in country
  some values from: Country
subclass of: Restriction
  on property: operates in municipality
  some values from: Municipality
definition: financial services provider that provides services for crypto assets that enable the control of crypto assets, and participate in, or provide, financial services for issuers' offers, or sale, of crypto assets
abbreviation: CASP
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/crypto-asset-service-provider-casp
explanatory note: Services related to crypto assets may include businesses that exchange crypto assets for fiat currencies, or vice versa, that conduct transactions that move crypto assets from one crypto asset address, or account, to another, and/or that provide facilities for the safekeeping, or administration, of crypto assets, or instruments.

dark pool
type: Class
subclass of: alternative trading system
definition: privately organized alternative trading system, that allows institutional investors the ability to trade without exposure until after the trade has been executed and reported

data reporting services provider
type: Class
subclass of: market data provider
subclass of: ReportingParty
subclass of: Restriction
  on property: has facility acronym
  min cardinality: 0
subclass of: Restriction
  on property: hasFormalName
  min cardinality: 0
subclass of: Restriction
  on property: isIdentifiedBy
  on class: market identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: operates in country
  some values from: Country
subclass of: Restriction
  on property: operates in municipality
  some values from: Municipality
definition: market data provider and reporting party that reports and/or publishes data on securities transactions, including required regulatory reporting for such transactions, and as such is subject to regulatory supervision
abbreviation: DRSP
adapted from: https://www.esma.europa.eu/press-news/esma-news/esma-identifies-data-reporting-services-providers-be-supervised-directly
adapted from: https://www.esma.europa.eu/supervision/supervision/data-reporting-services-providers

designated contract market
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - DCMS
definition: exchange, trading system, or platform that enables listing for trading futures or option contracts based on any underlying commodity, index or instrument
abbreviation: DCM
adapted from: http://www.cftc.gov/IndustryOversight/TradingOrganizations/DCMs/index.htm
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

electronic communication network
type: Class
subclass of: alternative trading system
definition: alternative trading system that automatically matches buy and sell orders for securities in the market
abbreviation: ECN
explanatory note: ECNs allow brokerages and investors in different geographic areas to trade without a third party involved, offering privacy for investors. They also allow after-hours trading, but trading may be subject to commissions and other fees.

exchange
type: Class
subclass of: Facility
subclass of: Restriction
  on property: has facility acronym
  min cardinality: 0
subclass of: Restriction
  on property: hasFormalName
  min cardinality: 0
subclass of: Restriction
  on property: isIdentifiedBy
  on class: market identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: isManagedBy
  on class: FinancialServiceProvider
  min qualified cardinality: 0
subclass of: Restriction
  on property: operates in country
  some values from: Country
subclass of: Restriction
  on property: operates in municipality
  some values from: Municipality
subclass of: Restriction
  on property: provides
  some values from: ListingService
definition: any organization, association, or group of persons, whether incorporated or unincorporated, which constitutes, maintains, or provides a facility for bringing together purchasers and sellers of financial instruments, commodities, or other products, services, or goods, and includes the market place and facilities maintained by such exchange
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01, confirmed 2018-03-29
adapted from: Securities Exchange Act of 1934, as amended 12 August 2012
explanatory note: An exchange is typically a corporation or mutual organization that provides securities trading services, where securities may be bought and sold by third parties. As a facility, an exchange is also a place of trade associated with a particular site, i.e., stock exchange, regulated market such as an Electronic Trading Platform (ECN), or unregulated market, such as an Automated Trading System (ATS), or market data provider. Stock exchanges also provide facilities for the issue and redemption of securities as well as other financial instruments and capital events including the payment of income and dividends. The securities traded on a stock exchange include: shares issued by companies, unit trusts, derivatives, pooled investment products and bonds. To be able to trade a security on a certain stock exchange, it has to be listed there. Usually there is a central location at least for recordkeeping, but trade is less and less linked to such a physical place, as modern markets are electronic networks, which gives them advantages of speed and cost of transactions. Trade on an exchange is by members only.
synonym: market

exchange participant
type: Class
subclass of: RegisteredAgent
subclass of: OrganizationMember
subclass of: Restriction
  on property: isRegisteredBy
  some values from: exchange
subclass of: Restriction
  on property: isPlayedBy
  some values from: Restriction
    on property: isMemberOf
    some values from: Restriction
      on property: playsRole
      some values from: exchange
definition: registered agent who, in accordance with the rules of an exchange, may trade on or through the exchange and whose name is entered in a list, register or roll kept by the exchange as an agent who may trade on or through the exchange

expired MIC status
type: NamedIndividual
type: market indicator code status
definition: as of the last report or update, the exchange code has expired
has tag: EXPIRED
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, version 2.0
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

ISO 10383 classification scheme
type: NamedIndividual
type: ClassificationScheme
definition: classification scheme for market categories and related content per the ISO 10383 standard
adapted from: https://www.iso20022.org/market-identifier-codes
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

interdealer quotation system
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - IDQS
definition: automated system for organizing and disseminating price quotes by brokers and dealer firms that facilitates electronic trading in securities
example: The National Association of Securities Dealers Automatic Quotation (Nasdaq), Nasdaq SmallCap Market, and the Over-The-Counter Bulletin Board (OTCBB) exchange platforms are integrated into one IQS. By using this integrated system, investors have access to a wide range of securities, ranging from large blue-chip companies to smaller micro-caps.
abbreviation: IQS
adapted from: https://www.investopedia.com/terms/i/interdealerquotationsystem.asp
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/inter-dealer-quotation-system
explanatory note: An IQS ties the price quotations of a number of exchanges together into one platform. This allows investors to more easily access security price quotations that would otherwise need to be monitored on several separate exchanges.
explanatory note: In the United States, an IQS is an automated interdealer quotation system of a national securities association registered pursuant to section 15A(a) of the Exchange Act (15 U.S.C. 78o-3(a)).
synonym: inter-dealer quotation system

market category classifier
type: Class
subclass of: Classifier
subclass of: Restriction
  on property: isDefinedIn
  has value: ISO 10383 classification scheme
subclass of: Restriction
  on property: classifies
  some values from: Class
    union of: crypto asset services provider
    union of: data reporting services provider
    union of: exchange
    union of: trade reporting facility
definition: classifier representing the controlled vocabulary that delineates the nature of the exchange or data reporting services provider where possible
scope note: As of October 2022, the controlled vocabulary includes two codes that are not semantically useful, namely 'not specified', or NSPD, and 'other', or OTHR. These are included for the sake of completeness but ignored with respect to how the exchange or market is classified. If something has one of these two codes as a market category, they will be classified either as an operating-level or segment-level marketas appropriate with no other distinction in terms of how they are instantiated.
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - APPA
type: NamedIndividual
type: market category classifier
definition: market category classifier for an approved publication arrangement
has tag: APPA
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - ARMS
type: NamedIndividual
type: market category classifier
definition: market category classifier for an approved reporting mechanism
has tag: ARMS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - ATSS
type: NamedIndividual
type: market category classifier
definition: market category classifier for an alternative trading system
has tag: ATSS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - CASP
type: NamedIndividual
type: market category classifier
definition: market category classifier for a crypto asset services provider
has tag: CASP
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - CTPS
type: NamedIndividual
type: market category classifier
definition: market category classifier for a consolidated tape provider
has tag: CTPS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - DCMS
type: NamedIndividual
type: market category classifier
definition: market category classifier for a designated contract market
has tag: DCMS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - IDQS
type: NamedIndividual
type: market category classifier
definition: market category classifier for an interdealer quotation system
has tag: IDQS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - MLTF
type: NamedIndividual
type: market category classifier
definition: market category classifier for a multilateral trading facility
has tag: MLTF
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - NSPD
type: NamedIndividual
type: market category classifier
definition: market category classifier indicating that the market category has not been specified by the reporting party
has tag: NSPD
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - OTFS
type: NamedIndividual
type: market category classifier
definition: market category classifier for an organized trading facility
has tag: OTFS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - OTHR
type: NamedIndividual
type: market category classifier
definition: market category classifier indicating that the reporting party believes that the market classifier is something other than any of the given market categories
has tag: OTHR
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - RMKT
type: NamedIndividual
type: market category classifier
definition: market category classifier for a regulated market
has tag: RMKT
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - RMOS
type: NamedIndividual
type: market category classifier
definition: market category classifier for a recognized market operator
has tag: RMOS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - SEFS
type: NamedIndividual
type: market category classifier
definition: market category classifier for a swap execution facility
has tag: SEFS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - SINT
type: NamedIndividual
type: market category classifier
definition: market category classifier for a systematic internalizer
has tag: SINT
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market category classifier - TRFS
type: NamedIndividual
type: market category classifier
definition: market category classifier for a trade reporting facility
has tag: TRFS
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market identifier
type: Class
subclass of: Identifier
subclass of: Restriction
  on property: identifies
  some values from: Class
    union of: crypto asset services provider
    union of: data reporting services provider
    union of: exchange
    union of: trade reporting facility
definition: identifier that specifies a universal method of identifying exchanges, trading platforms, regulated or non-regulated markets, and data reporting services providers as sources of prices and related information in order to facilitate automated processing
abbreviation: MIC
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01
adapted from: https://www.iso20022.org/market-identifier-codes
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: It is intended for use in any application and communication for identification of places - where a financial instrument is listed (place of official listing), - where a related trade is executed (place of trade), and - where trade details are reported (trade reporting facility).
synonym: Market Identifier Code

market indicator code status
type: Class
subclass of: LifecycleStage
definition: lifecycle stage indicating the status of the MIC code, as specified by the registration authority
adapted from: https://www.iso20022.org/market-identifier-codes

market level classifier
type: Class
subclass of: Classifier
subclass of: Restriction
  on property: isDefinedIn
  has value: ISO 10383 classification scheme
subclass of: Restriction
  on property: classifies
  some values from: Class
    union of: crypto asset services provider
    union of: data reporting services provider
    union of: exchange
    union of: trade reporting facility
definition: classifier that indicates whether the exchange or data reporting services provider is an operating level or market segment level facility
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market-level classifier - OPRT
type: NamedIndividual
type: market level classifier
definition: market-level classifier for an operating-level facility
has tag: OPRT
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market-level classifier - SGMT
type: NamedIndividual
type: market level classifier
definition: market-level classifier for a segment-level facility
has tag: SGMT
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market segment-level market
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market-level classifier - SGMT
subclass of: Restriction
  on property: isPartOf
  some values from: operating-level market
definition: section of an exchange/market/trade reporting facility that specialises in one or more specific instruments or that is regulated differently
example: Dark pool
note: A market segment MIC can only be registered if an operating/exchange MIC already exists.
note: It is not required to have a MIC registered for all segments of a market, only for those segments that need to be identified.
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01, confirmed 2018-03-29, clause 2.2
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

market segment-level market identifier
type: Class
subclass of: market identifier
definition: market identifier that identifies a section of an exchange/market/trade reporting facility that specialises in one or more specific instruments or that is regulated differently
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01, confirmed 2018-03-29, clause 2.2
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

multilateral trading facility
type: Class
subclass of: alternative trading system
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - MLTF
definition: trading system that facilitates the exchange of financial instruments between multiple parties
abbreviation: MTF
adapted from: http://www.investopedia.com/terms/m/multilateral_trading_facility.asp
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: Multilateral trading facilities allow eligible contract participants to gather and transfer a variety of securities, especially instruments that may not have an official market. These facilities are often electronic systems controlled by approved market operators or larger investment banks. Traders will usually submit orders electronically, where a matching software engine is used to pair buyers with sellers.

off-market facility
type: Class
subclass of: exchange
definition: facility used for reporting over-the-counter (OTC) and other direct trades that are not executed by the exchange but are reported through the exchange
synonym: off-book
synonym: off-facility

operating-level market
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market-level classifier - OPRT
subclass of: Restriction
  on property: isIdentifiedBy
  on class: operating-level market identifier
  min qualified cardinality: 0
definition: exchange/market/trade reporting facility in a specific market/country
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01, confirmed 2018-03-29, clause 2.1
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

operating-level market identifier
type: Class
subclass of: market identifier
definition: market identifier that identifies an exchange/market/trade reporting facility in a specific market/country
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, 2012-10-01, confirmed 2018-03-29, clause 2.1
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

organised trading facility
type: Class
subclass of: alternative trading system
subclass of: Restriction
  on property: isManagedBy
  all values from: FinancialServiceProvider
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - OTFS
subclass of: Restriction
  on property: isGovernedBy
  some values from: Jurisdiction
label: organized trading facility
definition: multi-lateral system which is not an RM or an MTF and in which multiple third-party buying and selling interests in bonds, structured finance products, emission allowances or derivatives are able to interact in the system in a way that results in a contract in accordance with the provisions of Title II of MiFID II
abbreviation: OTF
adapted from: http://www.marketswiki.com/mwiki/Organized_Trading_Facility
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: OTFs were introduced by the European Commission as part of MiFID II and are focused on non-equities such as derivatives and cash bond markets. OTFs are intended to be similar in scope to a swap execution facility (SEF), a type of entity created by the Dodd-Frank Act in the U.S. The goal of SEFs and OTFs is to bring transparency and structure to OTC derivatives trading.
explanatory note: Unlike RMs and MTFs, operators of OTFs will have discretion as to how to execute orders, subject to pre-transparency and best execution obligations.

quote-driven market
type: Class
subclass of: exchange
definition: exchange in which prices are determined from bid and ask quotations made by market makers, dealers, or specialists
explanatory note: In a quote-driven market, dealers fill orders from their own inventory or by matching them with other orders. Note that this differs from a typical market, which is order-driven rather than quote-driven.
synonym: price-driven market

recognised market operator
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - RMOS
label: recognized market operator
definition: exchange that is operated or maintained by an operator registered under certain securities regulations that brings together purchasers and sellers of capital market products
abbreviation: RMO
adapted from: https://www.igi-global.com/dictionary/regulating-fintech-businesses/77383
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
adapted from: https://www.lawinsider.com/dictionary/recognized-market
adapted from: https://www.mas.gov.sg/regulation/capital-markets/approved-exchange-ae-or-recognised-market-operator-rmo-licence

registered multilateral trading facility
type: Class
subclass of: multilateral trading facility
subclass of: Restriction
  on property: isManagedBy
  some values from: FinancialServiceProvider
subclass of: Restriction
  on property: isRegisteredBy
  some values from: RegistrationAuthority
subclass of: Restriction
  on property: isGovernedBy
  some values from: Jurisdiction
definition: multilateral system operated by an investment firm or market operator, which brings together multiple third-party buying and selling interests in financial instruments in the system, in accordance with non-discretionary rules, in a way that results in a contract in accordance with the provisions of Title II of the MiFID II

regulated exchange
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - RMKT
subclass of: Restriction
  on property: isGovernedBy
  some values from: Jurisdiction
subclass of: Restriction
  on property: isRegulatedBy
  some values from: RegulatoryAgency
definition: regulated market that is operated by and/or managed by a market operator that brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments
abbreviation: RM
adapted from: http://www.investopedia.com/terms/r/regulated-market.asp
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: In the financial community in the EU, such an exchange operates in accordance with its non-discretionary rules in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules and/or systems, and which is authorised and functions regularly and in accordance with the provisions of Title III of MiFID II.
synonym: regulated market

swap execution facility
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - SEFS
definition: exchange that enables participants to execute and trade swaps
abbreviation: SEF
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf
explanatory note: Swap execution facilities, including trading systems and other platforms, allow for greater transparency and represent a significant shift in the way derivative trading has been done. The Dodd-Frank Act lays the foundation for this change of derivative execution.

systematic internaliser
type: Class
subclass of: exchange
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - SINT
label: systematic internalizer
definition: investment firm that, on an organised, frequent, systematic and substantial basis, deals on its own account by executing client orders outside a regulated exchange, MTF or OTF without operating a multilateral system
abbreviation: SI
adapted from: https://www.emissions-euets.com/systematic-internaliser
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

trade reporting facility
type: Class
subclass of: Facility
subclass of: Restriction
  on property: isClassifiedBy
  has value: market category classifier - TRFS
subclass of: Restriction
  on property: has facility acronym
  min cardinality: 0
subclass of: Restriction
  on property: hasFormalName
  min cardinality: 0
subclass of: Restriction
  on property: isIdentifiedBy
  on class: market identifier
  min qualified cardinality: 0
subclass of: Restriction
  on property: isManagedBy
  on class: FinancialServiceProvider
  min qualified cardinality: 0
subclass of: Restriction
  on property: operates in country
  some values from: Country
subclass of: Restriction
  on property: operates in municipality
  some values from: Municipality
definition: facility that provides a mechanism for the reporting of transactions effected otherwise than on an exchange
example: In the United States, for example, trades by FINRA members in Nasdaq-listed and other exchange-listed securities, as approved by the Securities and Exchange Commission (SEC), executed otherwise than on an exchange may be reported to a FINRA TRF. While each FINRA TRF is affiliated with a registered national securities exchange, each FINRA TRF is a FINRA facility and is subject to FINRA's registration as a national securities association.
abbreviation: TRF
adapted from: https://www.finra.org/filing-reporting/trade-reporting-facility-trf
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

updated MIC status
type: NamedIndividual
type: market indicator code status
definition: as of the last report or update, the exchange code was revised
has tag: UPDATED
adapted from: ISO 10383, Securities and related financial instruments - Codes for exchanges and market identification (MIC), Third edition, version 2.0
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

has facility acronym
type: DatatypeProperty
sub property of: hasAlias
definition: indicates a known acronym of the market
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

has market identifier code status
type: ObjectProperty
sub property of: has registration status
range: market indicator code status
definition: indicates the status of a specific market identifier code (MIC)

operates in country
type: ObjectProperty
sub property of: hasCountry
range: Country
definition: indicates the ISO 3166-1 country in which an exchange, data reporting services provider, or crypto asset services provider operates
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

operates in municipality
type: ObjectProperty
sub property of: hasMunicipality
range: Municipality
definition: indicates the municipality or business center in which in which an exchange, data reporting services provider, or crypto asset services provider operates
adapted from: https://www.iso20022.org/sites/default/files/2021-12/ISO10383_MIC_Release_2_0_Factsheet.pdf

21X
type: NamedIndividual
type: operating-level market
has facility acronym: 21X
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 21X
has website: http://www.21x.eu
is managed by: ServiceProvider-L-529900WC0LESEODR7A83

24X NATIONAL EXCHANGE LLC
type: NamedIndividual
type: operating-level market
type: regulated exchange
operates in country: UnitedStatesOfAmerica
operates in municipality: Stamford
has formal name: 24X NATIONAL EXCHANGE LLC
has website: https://24exchange.com/
is managed by: ServiceProvider-L-9845009C7E1A2E69J029

24 EXCHANGE
type: NamedIndividual
type: operating-level market
note: FOREIGN EXCHANGE AND EQUITIES.
has facility acronym: 24EX
operates in country: Bermuda
operates in municipality: Bermuda
has formal name: 24 EXCHANGE
has website: http://www.24exchange.net
is managed by: ServiceProvider-L-213800YXBUZH7G3NDC51

SSY FUTURES LTD - FREIGHT SCREEN
type: NamedIndividual
type: operating-level market
note: TRADING SCREEN FOR FORWARD FREIGHT AGREEMENTS (FFA).
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: SSY FUTURES LTD - FREIGHT SCREEN
has website: http://www.ssyonline.com
is managed by: ServiceProvider-L-213800RGYOAL3KL2XL02

360X DLT - MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 360X DLT - MTF
is part of: 360X
has website: http://www.360x.com
is managed by: ServiceProvider-L-529900M42L36KXZ1JD69

360X MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 360X MTF
is part of: 360X
has website: http://www.360x.com
is managed by: ServiceProvider-L-529900M42L36KXZ1JD69

360T
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 360T
has website: http://www.360t.com
is managed by: ServiceProvider-L-529900P0204W9HA8JP36

360X
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 360X
has website: http://www.360x.com
is managed by: ServiceProvider-L-529900M42L36KXZ1JD69

3DXE
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Germany
operates in municipality: Frankfurt
has formal name: 3DXE
is part of: 360T
has website: http://www.360t.com
is managed by: ServiceProvider-L-529900P0204W9HA8JP36

CTSE NOMINEES
type: NamedIndividual
type: operating-level market
type: regulated exchange
has facility acronym: 4AX
operates in country: SouthAfrica
operates in municipality: Cape Town
has formal name: CTSE NOMINEES
has website: http://www.ctexchange.co.za
is managed by: ServiceProvider-L-378900CCCF6D95AECA88

A2X
type: NamedIndividual
type: operating-level market
note: REGISTERED MARKET FOR EQUITIES.
has facility acronym: A2X
operates in country: SouthAfrica
operates in municipality: Johannesburg
has formal name: A2X
has website: http://www.a2x.co.za
is managed by: ServiceProvider-A2X

CREDIT AGRICOLE CIB
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: CACIB SI
operates in country: France
operates in municipality: Paris
has formal name: CREDIT AGRICOLE CIB
has website: http://www.ca-cib.com
is managed by: ServiceProvider-L-1VUV7VQFKUOQSJ21A208

ATHENS EXCHANGE - APA
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT.
has facility acronym: ATHEX APA
operates in country: Greece
operates in municipality: Athens
has formal name: ATHENS EXCHANGE - APA
has website: http://www.athexgroup.gr
is managed by: ServiceProvider-L-549300GSRN07MNENPL97

ASSENT ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: ASSENT ATS IS A US EQUITY DARK POOL OPERATED BY ASSENT, LLC - A SUBSIDIARY OF SUNGARD.
operates in country: UnitedStatesOfAmerica
operates in municipality: Jersey City
has formal name: ASSENT ATS
has website: http://www.sungard.com
is managed by: ServiceProvider-ASSENTATS

ABANCA
type: NamedIndividual
type: operating-level market
operates in country: Spain
operates in municipality: Madrid
has formal name: ABANCA
has website: http://www.abanca.com
is managed by: ServiceProvider-L-54930056IRBXK0Q1FP96

ALPHA BANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR NON EQUITIES.
operates in country: Greece
operates in municipality: Athens
has formal name: ALPHA BANK
has website: http://www.alpha.gr
is managed by: ServiceProvider-L-213800DBQIB6VBNU5C64

ABN AMRO BANK NV
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: ABN AMRO BANK NV
has website: http://www.abnamro.com
is managed by: ServiceProvider-L-BFXS5XCH7N0Y05NIXW11

ABN AMRO CLEARING BANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: AACB SI
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: ABN AMRO CLEARING BANK
has website: http://www.abnamroclearing.com
is managed by: ServiceProvider-L-G8ZTNESVNKW4NN761W05

ALM. BRAND BANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Denmark
operates in municipality: Copenhagen
has formal name: ALM. BRAND BANK
has website: http://www.almbrand.dk
is managed by: ServiceProvider-L-2UM1RGHWEBOSN4PMNL63

BULGARIAN STOCK EXCHANGE - ALTERNATIVE MARKET
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: ALTERNATIVE REGULATED MARKET.
has facility acronym: BSE
operates in country: Bulgaria
operates in municipality: Sofia
has formal name: BULGARIAN STOCK EXCHANGE - ALTERNATIVE MARKET
is part of: Facility-XBUL
has website: http://www.bse-sofia.bg
is managed by: ServiceProvider-L-747800W0XA9OV4MSRW74

VENOMEX LIMITED (EX. YOSHI MARKETS)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: VMX
operates in country: UnitedArabEmirates
operates in municipality: Abu Dhabi
has formal name: VENOMEX LIMITED (EX. YOSHI MARKETS)
is part of: Facility-VMEX
has website: http://www.venomex.com
is managed by: ServiceProvider-L-984500DT1B79C9A7B343

ACCX
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ACCX
has website: http://www.accxgroup.com
is managed by: ServiceProvider-L-213800YC71IW3WFNWL71

ACE DERIVATIVES AND COMMODITY EXCHANGE LTD
type: NamedIndividual
type: operating-level market
note: DERIVATIVES EXCHANGE FOR COMMODITIES TRADING IN INDIA.
operates in country: India
operates in municipality: Mumbai
has formal name: ACE DERIVATIVES AND COMMODITY EXCHANGE LTD
has website: http://www.aceindia.com
is managed by: ServiceProvider-L-33580057DULMQ3ANKR63

KCG ACKNOWLEDGE FI
type: NamedIndividual
type: market segment-level market
note: BI-LATERAL FIXED INCOME LIQUIDITY.
has facility acronym: ACKFI
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: KCG ACKNOWLEDGE FI
is part of: Facility-KNIG
has website: http://www.kcg.com
is managed by: ServiceProvider-KCGACKNOWLEDGEFI

ACX CLEARING CORPORATION LTD.
type: NamedIndividual
type: operating-level market
type: recognised market operator
operates in country: UnitedArabEmirates
operates in municipality: Abu Dhabi
has formal name: ACX CLEARING CORPORATION LTD.
has website: http://www.acx.ae
is managed by: ServiceProvider-L-98450054E61056C8FF16

ACX
type: NamedIndividual
type: operating-level market
type: recognised market operator
operates in country: UnitedArabEmirates
operates in municipality: Abu Dhabi
has formal name: ACX
has website: http://www.acx.ae
is managed by: ServiceProvider-L-984500FA44A07RE3D049

ALPHA DRK
type: NamedIndividual
type: market segment-level market
type: regulated exchange
operates in country: Canada
operates in municipality: Toronto
has formal name: ALPHA DRK
is part of: Facility-XATS
has website: http://www.tmx.com
is managed by: ServiceProvider-L-549300N65GFVKSHGJW59

ADVISE TECHNOLOGIES - APA TRANSPARENCY REPORTING
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT (APA).
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: ADVISE TECHNOLOGIES - APA TRANSPARENCY REPORTING
has website: http://www.advisetechnologies.com
is managed by: ServiceProvider-L-549300A1NXV20ZS25T07

ABIDE FINANCIAL DRSP LIMITED APA
type: NamedIndividual
type: Facility
has facility acronym: AFDLAPA
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ABIDE FINANCIAL DRSP LIMITED APA
has website: http://www.abide-financial.com
is managed by: ServiceProvider-L-549300FVRWYPDFJTH118

AGRICULTURAL FUTURES EXCHANGE OF THAILAND
type: NamedIndividual
type: operating-level market
operates in country: Thailand
operates in municipality: Bangkok
has formal name: AGRICULTURAL FUTURES EXCHANGE OF THAILAND
has website: http://www.afet.or.th
is managed by: ServiceProvider-AGRICULTURALFUTURESEXCHANGEOFTHAILAND

AFRINEX LIMITED
type: NamedIndividual
type: operating-level market
operates in country: Mauritius
operates in municipality: Ebene
has formal name: AFRINEX LIMITED
has website: http://www.afrinexexchange.com
is managed by: ServiceProvider-L-894500KM5IC8X0Z2BZ48

AFS - OTF
type: NamedIndividual
type: operating-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS - OTF
has website: http://www.afsgroup.nl
is managed by: ServiceProvider-L-7245004T3GVMWC5LP916

AFS E-VENUES B.V.
type: NamedIndividual
type: operating-level market
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS E-VENUES B.V.
has website: http://www.afsblue.nl
is managed by: ServiceProvider-L-7245000KV7IJNRFFOZ81

AFS - OTF - INTEREST RATE DERIVATIVES
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY FOR INTEREST RATE DERIVATIVES.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS - OTF - INTEREST RATE DERIVATIVES
is part of: AFS - OTF
has website: http://www.afsgroup.nl
is managed by: ServiceProvider-L-7245004T3GVMWC5LP916

AFS - OTF - STRUCTURED PRODUCTS
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY FOR STRUCTURED PRODUCTS.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS - OTF - STRUCTURED PRODUCTS
is part of: AFS - OTF
has website: http://www.afsgroup.nl
is managed by: ServiceProvider-L-7245004T3GVMWC5LP916

AFS - OTF - BONDS
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY FOR BONDS (CORPORATE, GOVERNMENT, T-BILL, CP, CD, MTN).
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS - OTF - BONDS
is part of: AFS - OTF
has website: http://www.afsgroup.nl
is managed by: ServiceProvider-L-7245004T3GVMWC5LP916

AFS - OTF - FX FORWARDS
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY FOR FX FORWARDS.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: AFS - OTF - FX FORWARDS
is part of: AFS - OTF
has website: http://www.afsgroup.nl
is managed by: ServiceProvider-L-7245004T3GVMWC5LP916

ACCESS FINTECH
type: NamedIndividual
type: operating-level market
note: REPORTING MATCHED TRADES TO CCP'S FOR CLEARING.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ACCESS FINTECH
has website: http://www.accessfintech.com
is managed by: ServiceProvider-L-9845002B7563B4BDA264

A AND G BANCA PRIVADA SAU
type: NamedIndividual
type: operating-level market
operates in country: Spain
operates in municipality: Madrid
has formal name: A AND G BANCA PRIVADA SAU
has website: http://www.abanca.com
is managed by: ServiceProvider-L-959800QKRKCC19MR2G52

ARRACO IRELAND LTD
type: NamedIndividual
type: operating-level market
note: BROKER OF REMIT PHYSICAL WHOLESALE ENERGY PRODUCTS AND PRE-ARRANGEMENT OF BLOCK FUTURES.
operates in country: Ireland
operates in municipality: Dublin
has formal name: ARRACO IRELAND LTD
has website: http://www.arraco.com
is managed by: ServiceProvider-L-549300PSF3R0OJC39C84

LONDON STOCK EXCHANGE - AIM MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: DEACTIVATED JAN 2017 UNTIL MARKET LAUNCH. AIMX WAS INACTIVE FROM DECEMBER 2007 UNTIL DECEMBER 2016. REACTIVATED AUGUST 2017.
has facility acronym: LSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: LONDON STOCK EXCHANGE - AIM MTF
is part of: Facility-XLON
has website: http://www.londonstockexchange.com
is managed by: ServiceProvider-L-213800D1EI4B9WTWWD28

AIXECUTE
type: NamedIndividual
type: operating-level market
note: REPLACED BY OTXB.
operates in country: Switzerland
operates in municipality: Berne
has formal name: AIXECUTE
has website: http://www.bekb.ch
is managed by: ServiceProvider-L-4T0J6O251JXNEB0VEZ08

ASTANA INTERNATIONAL EXCHANGE LTD
type: NamedIndividual
type: operating-level market
type: regulated exchange
has facility acronym: AIX
operates in country: Kazakhstan
operates in municipality: Astana
has formal name: ASTANA INTERNATIONAL EXCHANGE LTD
has website: http://www.aix.kz
is managed by: ServiceProvider-L-254900L6FRRJKZTLNY11

AKIS - BANCO BPM
type: NamedIndividual
type: operating-level market
type: systematic internaliser
has facility acronym: AKIS
operates in country: Italy
operates in municipality: Milan
has formal name: AKIS - BANCO BPM
has website: https://gruppo.bancobpm.it
is managed by: ServiceProvider-L-815600E4E6DCD2D25E30

NYSE ALTERNEXT DARK
type: NamedIndividual
type: dark pool
type: market segment-level market
note: DARK POOL.
has facility acronym: AMEXDARK
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: NYSE ALTERNEXT DARK
is part of: Facility-XNYS
has website: http://www.euronext.com/landing/equitiesop-21363-en.html
is managed by: ServiceProvider-L-5493000F4ZO33MV32P92

BLOX
type: NamedIndividual
type: operating-level market
has facility acronym: BLOX
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOX
has website: https://algorithmicasolutions.com/
is managed by: ServiceProvider-L-984500BCC73F71C0D336

ALLT - OTF
type: NamedIndividual
type: operating-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY. REGISTERED MARKET FOR BONDS.
has facility acronym: ALLT-OTF
operates in country: Spain
operates in municipality: Madrid
has formal name: ALLT - OTF
has website: http://www.alltrading.com
is managed by: ServiceProvider-L-549300UZRRVYI5I5P867

ALPHAX US
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: ALPHAX US
has website: http://www.us.tmxalphax.com
is managed by: ServiceProvider-L-254900X7LE2ZN6TF1Y69

AKTIESELSKABET ARBEJDERNES LANDSBANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: ALSI
operates in country: Denmark
operates in municipality: Copenhagen
has formal name: AKTIESELSKABET ARBEJDERNES LANDSBANK
has website: http://www.al-bank.dk
is managed by: ServiceProvider-L-549300D6BJ7XOO03RR69

JSE ALTERNATE EXCHANGE
type: NamedIndividual
type: market segment-level market
has facility acronym: ALTX
operates in country: SouthAfrica
operates in municipality: Johannesburg
has formal name: JSE ALTERNATE EXCHANGE
is part of: Facility-XJSE
has website: http://www.jse.co.za/markets/altx.aspx
is managed by: ServiceProvider-L-213800MZ1VUQEBWRFO39

EURONEXT - ALTERNEXT AMSTERDAM
type: NamedIndividual
type: market segment-level market
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: EURONEXT - ALTERNEXT AMSTERDAM
is part of: Facility-XAMS
has website: http://www.euronext.com
is managed by: ServiceProvider-L-724500V6UOK62XEZ2L78

EURONEXT GROWTH BRUSSELS
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Belgium
operates in municipality: Brussels
has formal name: EURONEXT GROWTH BRUSSELS
is part of: Facility-XBRU
has website: http://www.euronext.com
is managed by: ServiceProvider-L-5493007YLUF2KAS0TM17

EURONEXT GROWTH LISBON
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Portugal
operates in municipality: Lisbon
has formal name: EURONEXT GROWTH LISBON
is part of: Facility-XLIS
has website: http://www.euronext.com
is managed by: ServiceProvider-L-529900K0OK4J5I7A5V66

EURONEXT GROWTH PARIS
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: France
operates in municipality: Paris
has formal name: EURONEXT GROWTH PARIS
is part of: Facility-XPAR
has website: http://www.euronext.com
is managed by: ServiceProvider-L-9695005FC092L0GTDS86

AMERICAN LEDGER ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: ALTERNATIVE TRADING SYSTEM.
operates in country: UnitedStatesOfAmerica
operates in municipality: Moorpark
has formal name: AMERICAN LEDGER ATS
has website: http://www.americanledger.com
is managed by: ServiceProvider-L-98450009EED4SDC3CA92

AMMAN STOCK EXCHANGE - NON-LISTED SECURITIES MARKET
type: NamedIndividual
type: market segment-level market
has facility acronym: ASE
operates in country: Jordan
operates in municipality: Amman
has formal name: AMMAN STOCK EXCHANGE - NON-LISTED SECURITIES MARKET
is part of: Facility-XAMM
has website: http://www.exchange.jo
is managed by: ServiceProvider-AMMANSTOCKEXCHANGE-NON-LISTEDSECURITIESMARKET

ASSET MATCH PRIVATE EXCHANGE
type: NamedIndividual
type: operating-level market
note: MULTILATERAL TRADING FACILITY (MTF) FOR EQUITIES.
has facility acronym: AMPX
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ASSET MATCH PRIVATE EXCHANGE
has website: http://www.assetmatch.com
is managed by: ServiceProvider-L-21380095NEP4KIHOWO82

MTS NETHERLANDS
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: MTS NETHERLANDS
is part of: Facility-XMTS
has website: http://www.mtsmarkets.com
is managed by: ServiceProvider-L-213800OANOWGT2KW8O63

NYSE AMERICAN OPTIONS
type: NamedIndividual
type: market segment-level market
type: regulated exchange
has facility acronym: NYSE
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: NYSE AMERICAN OPTIONS
is part of: Facility-XNYS
has website: http://www.nyse.com
is managed by: ServiceProvider-L-5493000F4ZO33MV32P92

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
type: NamedIndividual
type: market segment-level market
note: LIQUIDITY PROVIDER.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED
is part of: AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - SYSTEMATIC INTERNALISER
has website: http://www.anz.com.au
is managed by: ServiceProvider-L-JHE42UYNWWTJB8YTTU19

ABBEY NATIONAL TREASURY SERVICES PLC
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: ANTS
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ABBEY NATIONAL TREASURY SERVICES PLC
has website: http://www.santander.co.uk
is managed by: ServiceProvider-L-R83QYRLEMH4ZSHI0L097

AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: ANZBGL
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED - SYSTEMATIC INTERNALISER
has website: http://www.anz.com.au
is managed by: ServiceProvider-L-JHE42UYNWWTJB8YTTU19

WIENER BOERSE AG - APA
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT.
operates in country: Austria
operates in municipality: Vienna
has formal name: WIENER BOERSE AG - APA
has website: http://www.wienerboerse.at
is managed by: ServiceProvider-L-315700ENWH1A81RCVZ91

ASIA PACIFIC CLEAR
type: NamedIndividual
type: market segment-level market
note: APEX'S CLEARING HOUSE.
has facility acronym: APEX CLEAR
operates in country: Singapore
operates in municipality: Singapore
has formal name: ASIA PACIFIC CLEAR
is part of: ASIA PACIFIC EXCHANGE
has website: http://www.asiapacificex.com
is managed by: ServiceProvider-ASIAPACIFICCLEAR

ASIA PACIFIC EXCHANGE
type: NamedIndividual
type: operating-level market
note: ELECTRONIC TRADING PLATFORM FOR DERIVATIVES.
has facility acronym: APEX
operates in country: Singapore
operates in municipality: Singapore
has formal name: ASIA PACIFIC EXCHANGE
has website: http://www.asiapacificex.com
is managed by: ServiceProvider-ASIAPACIFICEXCHANGE

SYDNEY STOCK EXCHANGE LIMITED
type: NamedIndividual
type: operating-level market
note: AS A SECURITIES EXCHANGE,SSX PROVIDES LISTING FACILITIES TO COMPANIES AND SECURITIES ISSUERS AS WELL AS TRADING FACILITIES FOR STOCK BROKERS, TRADERS AND INVESTORS TO BUY AND SELL SHARES/SECURITIES.
has facility acronym: SSX
operates in country: Australia
operates in municipality: Sydney
has formal name: SYDNEY STOCK EXCHANGE LIMITED
has website: http://www.ssx.sydney
is managed by: ServiceProvider-SYDNEYSTOCKEXCHANGELIMITED

AQUIS EXCHANGE EUROPE AUCTION ON DEMAND (AOD)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: France
operates in municipality: Paris
has formal name: AQUIS EXCHANGE EUROPE AUCTION ON DEMAND (AOD)
is part of: AQUIS EXCHANGE EUROPE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-9695002NSIQWF9A09R56

AQUIS EXCHANGE EUROPE NON DISPLAY ORDER BOOK (NDOB)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: France
operates in municipality: Paris
has formal name: AQUIS EXCHANGE EUROPE NON DISPLAY ORDER BOOK (NDOB)
is part of: AQUIS EXCHANGE EUROPE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-9695002NSIQWF9A09R56

AQUIS EXCHANGE EUROPE
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: France
operates in municipality: Paris
has formal name: AQUIS EXCHANGE EUROPE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-9695002NSIQWF9A09R56

AQSE MAIN MARKET (NON-EQUITY)
type: NamedIndividual
type: market segment-level market
type: regulated exchange
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE MAIN MARKET (NON-EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQUIS STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQSE GROWTH MARKET (NON-EQUITY)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE GROWTH MARKET (NON-EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQSE GROWTH MARKET (EQUITY)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE GROWTH MARKET (EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQSE MAIN MARKET (EQUITY)
type: NamedIndividual
type: market segment-level market
type: regulated exchange
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE MAIN MARKET (EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQSE TRADING (NON-EQUITY)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE TRADING (NON-EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQSE TRADING (EQUITY)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: AQSE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQSE TRADING (EQUITY)
is part of: AQUIS STOCK EXCHANGE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800AMGNBSOCOSDN11

AQUA EQUITIES L.P.
type: NamedIndividual
type: operating-level market
note: REGISTERED MARKET FOR BLOCK EQUITIES
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: AQUA EQUITIES L.P.
has website: http://www.aquaequities.com
is managed by: ServiceProvider-AQUASECURITIESLP

AQUIS EXCHANGE PLC AUCTION ON DEMAND (AOD)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQUIS EXCHANGE PLC AUCTION ON DEMAND (AOD)
is part of: AQUIS EXCHANGE PLC
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800IXJSF5E1SIW150

AQUIS EXCHANGE PLC AMP NON DISPLAY ORDER BOOK
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQUIS EXCHANGE PLC AMP NON DISPLAY ORDER BOOK
is part of: AQUIS EXCHANGE PLC
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800IXJSF5E1SIW150

AQUIS EXCHANGE PLC
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
note: PAN-EUROPEAN EQUITIES TRADING EXCHANGE (MTF).
has facility acronym: AQX
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQUIS EXCHANGE PLC
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800IXJSF5E1SIW150

ARRACO GLOBAL MARKETS LTD
type: NamedIndividual
type: operating-level market
note: REGISTERED FOR BROKING OF EUROPEAN POWER AND GAS WHOLESALE PRODUCTS.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ARRACO GLOBAL MARKETS LTD
has website: http://www.arraco.com
is managed by: ServiceProvider-L-5493004Z6DAT13X5DK60

ARCA DARK
type: NamedIndividual
type: dark pool
type: market segment-level market
note: DARK POOL.
has facility acronym: ARCADARK
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: ARCA DARK
is part of: Facility-XNYS
has website: http://www.nyse.com
is managed by: ServiceProvider-L-5493000F4ZO33MV32P92

ARCHAX
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
note: MULTILATERAL TRADING FACILITY (MTF) FOR DIGITAL ASSETS.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ARCHAX
has website: http://www.archax.com
is managed by: ServiceProvider-L-8755004G4UQX5BQOU260

NYSE ARCA OPTIONS
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: NYSE ARCA OPTIONS TRADING PLATFORM FROM NYSE EURONEXT.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: NYSE ARCA OPTIONS
is part of: Facility-XNYS
has website: http://www.nyse.com
is managed by: ServiceProvider-L-5493000F4ZO33MV32P92

NYSE ARCA
type: NamedIndividual
type: market segment-level market
type: regulated exchange
has facility acronym: NYSE
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: NYSE ARCA
is part of: Facility-XNYS
has website: http://www.nyse.com
is managed by: ServiceProvider-L-5493000F4ZO33MV32P92

ARCHAX - DIGITAL ASSETS
type: NamedIndividual
type: market segment-level market
note: ALTERNATIVE TRADING FACILITY FOR DIGITAL ASSETS.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ARCHAX - DIGITAL ASSETS
is part of: ARCHAX
has website: http://www.archax.com
is managed by: ServiceProvider-L-8755004G4UQX5BQOU260

AREX - AUTOMATED RECEIVABLES EXCHANGE
type: NamedIndividual
type: operating-level market
note: MARKET FOR ETR (EXCHANGE TRADED RECEIVABLES) ORDER EXECUTION.
has facility acronym: AREX
operates in country: Ireland
operates in municipality: Dublin
has formal name: AREX - AUTOMATED RECEIVABLES EXCHANGE
has website: http://arex.io
is managed by: ServiceProvider-AREX-AUTOMATEDRECEIVABLESEXCHANGE

ARIAN TRADING FACILITY
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: ARIAN TRADING FACILITY
has website: http://www.arianfinancial.co.uk
is managed by: ServiceProvider-L-21380097QNN7QGLDSR92

ARKONIS
type: NamedIndividual
type: operating-level market
has facility acronym: ARKX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: ARKONIS
has website: http://www.nexsmart.com
is managed by: ServiceProvider-L-8945001AYQ4XO2432N56

ARTEX GLOBAL MARKETS AG
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
has facility acronym: ARTEX GM
operates in country: Liechtenstein
operates in municipality: Vaduz
has formal name: ARTEX GLOBAL MARKETS AG
has website: http://www.artexgm.com
is managed by: ServiceProvider-L-254900UL01RE2SEBFH84

AEGIS SWAP EXECUTION FACILITY
type: NamedIndividual
type: operating-level market
type: swap execution facility
note: SWAP EXECUTION FACILITY.
operates in country: UnitedStatesOfAmerica
operates in municipality: The Woodlands
has formal name: AEGIS SWAP EXECUTION FACILITY
has website: https://aegis-hedging.com/swap-execution-facility
is managed by: ServiceProvider-L-254900ZH79LFSDGGAC34

ATHENS STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
has facility acronym: ASE
operates in country: Greece
operates in municipality: Athens
has formal name: ATHENS STOCK EXCHANGE
has website: http://www.athexgroup.gr
is managed by: ServiceProvider-L-549300GSRN07MNENPL97

INTELLIGENTCROSS ASPEN MAKER/TAKER
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Stamford
has formal name: INTELLIGENTCROSS ASPEN MAKER/TAKER
is part of: Facility-INCR
has website: http://www.intelligentcross.com
is managed by: ServiceProvider-INTELLIGENTCROSSASPENMAKERTAKER

INTELLIGENTCROSS ASPEN INVERTED
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Stamford
has formal name: INTELLIGENTCROSS ASPEN INVERTED
is part of: Facility-INCR
has website: http://www.intelligentcross.com
is managed by: ServiceProvider-L-254900TX2BTPJWW4A154

INTELLIGENTCROSS ASPEN INTELLIGENT BID/OFFER
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Stamford
has formal name: INTELLIGENTCROSS ASPEN INTELLIGENT BID/OFFER
is part of: Facility-INCR
has website: http://www.intelligentcross.com
is managed by: ServiceProvider-L-254900TX2BTPJWW4A154

CLEARCORP DEALING SYSTEMS INDIA LIMITED - ASTROID
type: NamedIndividual
type: market segment-level market
note: ANONYMOUS SYSTEM FOR TRADING IN RUPEE OTC INTEREST RATE DERIVATIVES.
has facility acronym: ASTROID
operates in country: India
operates in municipality: Mumbai
has formal name: CLEARCORP DEALING SYSTEMS INDIA LIMITED - ASTROID
is part of: Facility-CDSL
has website: http://www.ccilindia.com
is managed by: ServiceProvider-L-335800ID4A597NSPJK84

ASX BOOKBUILD
type: NamedIndividual
type: market segment-level market
note: ON-MARKET AUTOMATED BOOKBUILD MECHANISM CALLED ASX BOOKBUILD TO ALLOW ASX LISTED COMPANIES TO PRICE AND ALLOCATE NEW SECURITIES.
has facility acronym: ASX
operates in country: Australia
operates in municipality: Sydney
has formal name: ASX BOOKBUILD
is part of: Facility-XASX
has website: http://www.asx.com.au
is managed by: ServiceProvider-L-549300USWUR0S7VMM868

ASX - CENTRE POINT
type: NamedIndividual
type: market segment-level market
note: CENTRE POINT ARE ORDER TYPES IN ASX TRADE ENABLING EXECUTION AT THE PREVAILING MIDPOINT OF THE BEST BID AND OFFER OF THE ASX CENTRAL LIMIT ORDER BOOK.
has facility acronym: ASX
operates in country: Australia
operates in municipality: Sydney
has formal name: ASX - CENTRE POINT
is part of: Facility-XASX
has website: http://www.asx.com.au/trading_services/asx-trade.htm
is managed by: ServiceProvider-L-549300USWUR0S7VMM868

ASX - PUREMATCH
type: NamedIndividual
type: market segment-level market
note: ASX PUREMATCH IS AN ADDITIONAL ORDER BOOK LAUNCHING IN MID 2011 AIMED AT MEETING THE NEEDS OF LATENCY SENSITIVE TRADERS, PROVIDING TRADING IN A SUBSET OF ASX LISTED SECURITIES.
has facility acronym: ASX
operates in country: Australia
operates in municipality: Sydney
has formal name: ASX - PUREMATCH
is part of: Facility-XASX
has website: http://www.asx.com.au/trading_services/asx-trade.htm
is managed by: ServiceProvider-L-549300USWUR0S7VMM868

ASX TRADEMATCH
type: NamedIndividual
type: market segment-level market
note: MERGER BETWEEN XASX AND XSFE.
has facility acronym: ASX
operates in country: Australia
operates in municipality: Sydney
has formal name: ASX TRADEMATCH
is part of: Facility-XASX
has website: http://www.asx.com.au
is managed by: ServiceProvider-L-549300USWUR0S7VMM868

ASX - VOLUMEMATCH
type: NamedIndividual
type: market segment-level market
note: ASX LAUNCHED VOLUMEMATCH IN JUNE 2011, AN ASX TRADE EXECUTION FACILITY THAT ENABLES END USERS TO SEARCH FOR LIQUIDITY AND EXECUTE LARGE ORDERS ANONYMOUSLY.
has facility acronym: ASX
operates in country: Australia
operates in municipality: Sydney
has formal name: ASX - VOLUMEMATCH
is part of: Facility-XASX
has website: http://www.asx.com.au/trading_services/asx-trade.htm
is managed by: ServiceProvider-L-549300USWUR0S7VMM868

ATADEL FUNDS
type: NamedIndividual
type: operating-level market
note: ASSET MANAGEMENT COMPANY FOR QUALIFIED INVESTORS.
operates in country: Czechia
operates in municipality: Prague
has formal name: ATADEL FUNDS
has website: http://www.atadelfund.com
is managed by: ServiceProvider-L-254900VHRL9AP6M81C76

AUTOMATED TRADING DESK FINANCIAL SERVICES, LLC
type: NamedIndividual
type: operating-level market
note: US BROKER-DEALER EQUITY MARKET MAKER.
has facility acronym: ATDF
operates in country: UnitedStatesOfAmerica
operates in municipality: Mount Pleasant
has formal name: AUTOMATED TRADING DESK FINANCIAL SERVICES, LLC
has website: http://www.atdesk.com
is managed by: ServiceProvider-L-549300MTPTPKGFSLJX85

ATFUND MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: MULTILATERAL TRADING FACILITY FOR OPEN END FUNDS.
has facility acronym: ATFUND
operates in country: Italy
operates in municipality: Milan
has formal name: ATFUND MTF
is part of: Facility-XMIL
has website: http://www.borsaitaliana.it
is managed by: ServiceProvider-L-8156005391EE905D3124

ATHLOS CAPITAL INVESTMENT SERVICES LTD
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Cyprus
operates in municipality: Nicosia
has formal name: ATHLOS CAPITAL INVESTMENT SERVICES LTD
has website: http://www.athloscapital.com
is managed by: ServiceProvider-L-254900KH6PO0O17YI150

BRAEMAR SECURITIES LTD
type: NamedIndividual
type: operating-level market
note: REGISTERED FOR BROKING WHOLESALE GAS PRODUCTS.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BRAEMAR SECURITIES LTD
has website: http://ww.braemarsecuritieslimited.com
is managed by: ServiceProvider-L-549300MKGUYMMT8WIJ94

ATONLINE LIMITED
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Cyprus
operates in municipality: Nicosia
has formal name: ATONLINE LIMITED
has website: http://www.atonint.com
is managed by: ServiceProvider-L-213800PZWYFKIOAGQY35

ALPHA VENTURE PLUS
type: NamedIndividual
type: operating-level market
note: MIC TO USE IS XATS (ALPHA EXCHANGE)
operates in country: Canada
operates in municipality: Toronto
has formal name: ALPHA VENTURE PLUS
is managed by: ServiceProvider-ALPHAVENTUREPLUS

AUREL
type: NamedIndividual
type: operating-level market
operates in country: France
operates in municipality: Paris
has formal name: AUREL
has website: http://www.aurel-bgc.com
is managed by: ServiceProvider-L-5RJTDGZG4559ESIYLD31

AUREL - OTF
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY.
operates in country: France
operates in municipality: Paris
has formal name: AUREL - OTF
is part of: AUREL
has website: http://www.aurel-bgc.com
is managed by: ServiceProvider-L-5RJTDGZG4559ESIYLD31

AUTILLA - BASE METALS
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AUTILLA - BASE METALS
is part of: AUTILLA
has website: http://www.autilla.com
is managed by: ServiceProvider-AUTILLA-BASEMETALS

AUTOBAHN FX
type: NamedIndividual
type: market segment-level market
note: DEUTSCHE BANK'S ELECTRONIC PLATFORM FOR TRADING FOREIGN EXCHANGE AND PRECIOUS METALS.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: AUTOBAHN FX
is part of: Facility-DBOX
has website: http://www.autobahnfx.db.com
is managed by: ServiceProvider-L-213800QILIUD4ROSUO03

AUTILLA - PRECIOUS METALS
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AUTILLA - PRECIOUS METALS
is part of: AUTILLA
has website: http://www.autilla.com
is managed by: ServiceProvider-AUTILLA-PRECIOUSMETALS

AUTILLA
type: NamedIndividual
type: operating-level market
note: ELECTRONIC PLATFORM FOR COMMODITIES AND FX.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AUTILLA
has website: http://www.autilla.com
is managed by: ServiceProvider-AUTILLA

AQUIS EXCHANGE EUROPE - AQUIS VWAP MATCH (AVM)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: France
operates in municipality: Paris
has formal name: AQUIS EXCHANGE EUROPE - AQUIS VWAP MATCH (AVM)
is part of: AQUIS EXCHANGE EUROPE
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-9695002NSIQWF9A09R56

AQUIS EXCHANGE LIMITED - AQUIS VWAP MATCH (AVM)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: AQUIS EXCHANGE LIMITED - AQUIS VWAP MATCH (AVM)
is part of: AQUIS EXCHANGE PLC
has website: http://www.aquis.eu
is managed by: ServiceProvider-L-213800IXJSF5E1SIW150

AUSTRALIAN WHEAT BOARD
type: NamedIndividual
type: operating-level market
has facility acronym: AWB
operates in country: Australia
operates in municipality: Melbourne
has formal name: AUSTRALIAN WHEAT BOARD
has website: http://www.awb.com.au
is managed by: ServiceProvider-L-5493001DLXSQ807GTQ97

AUSTRALIAN WOOL EXCHANGE
type: NamedIndividual
type: operating-level market
has facility acronym: AWEX
operates in country: Australia
operates in municipality: Lane Cove
has formal name: AUSTRALIAN WOOL EXCHANGE
has website: http://www.awex.com.au
is managed by: ServiceProvider-AUSTRALIANWOOLEXCHANGE

AXIOLOGY
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: Lithuania
operates in municipality: Vilnius
has formal name: AXIOLOGY
has website: http://www.axiology.xyz
is managed by: ServiceProvider-L-259400P9K73EP4XNK437

ALEXANDRIA PANKKIIRILIIKE OYJ
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Finland
operates in municipality: Helsinki
has formal name: ALEXANDRIA PANKKIIRILIIKE OYJ
has website: http://www.alexandria.fi
is managed by: ServiceProvider-L-7437002ONTEZT59NA993

BAADER BANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Unterschleisshem
has formal name: BAADER BANK
has website: http://www.baaderbank.de
is managed by: ServiceProvider-L-529900JFOPPEDUR61H13

BOLSA DE CEREALES DE BUENOS AIRES
type: NamedIndividual
type: operating-level market
note: COMMODITY EXCHANGE.
operates in country: Argentina
operates in municipality: Buenos Aires
has formal name: BOLSA DE CEREALES DE BUENOS AIRES
has website: http://www.bolcereales.com.ar
is managed by: ServiceProvider-BOLSADECEREALESDEBUENOSAIRES

BANK OF AMERICA SECURITIES - CENTRAL RISK
type: NamedIndividual
type: market segment-level market
operates in country: HongKong
operates in municipality: Hong Kong
has formal name: BANK OF AMERICA SECURITIES - CENTRAL RISK
is part of: BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - INTERNAL PRICE SOURCE
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-GGDZP1UYGU9STUHRDP48

BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - EXTERNAL PRICE SOURCE
type: NamedIndividual
type: market segment-level market
operates in country: HongKong
operates in municipality: Hong Kong
has formal name: BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - EXTERNAL PRICE SOURCE
is part of: BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - INTERNAL PRICE SOURCE
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-GGDZP1UYGU9STUHRDP48

BAIKAL
type: NamedIndividual
type: operating-level market
note: LSEG HAS COMPLETED ITS ACQUISITION OF TURQUOISE TRADING LIMITED (TURQUOISE) THROUGH A MERGER OF THE BUSINESSES OF TURQUOISE AND BAIKAL GLOBAL LIMITED (BAIKAL).THE NEW VENTURE WILL CONTINUE TO TRADE UNDER THE TURQUOISE NAME.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BAIKAL
is managed by: ServiceProvider-BAIKAL

BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - INTERNAL PRICE SOURCE
type: NamedIndividual
type: operating-level market
operates in country: HongKong
operates in municipality: Hong Kong
has formal name: BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - INTERNAL PRICE SOURCE
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-GGDZP1UYGU9STUHRDP48

BANK OF AMERICA MERRILL LYNCH - JAPAN INSTINCT X
type: NamedIndividual
type: operating-level market
operates in country: Japan
operates in municipality: Tokyo
has formal name: BANK OF AMERICA MERRILL LYNCH - JAPAN INSTINCT X
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-I7E80LI4NVVT41W1WB02

BARBADOS STOCK EXCHANGE - JUNIOR MARKET
type: NamedIndividual
type: market segment-level market
note: MARKET FOR SMALL COMPANIES
has facility acronym: BSE
operates in country: Barbados
operates in municipality: Bridgetown
has formal name: BARBADOS STOCK EXCHANGE - JUNIOR MARKET
is part of: Facility-XBAB
has website: http://www.bse.com.bb
is managed by: ServiceProvider-BARBADOSSTOCKEXCHANGE-JUNIORMARKET

THE BALTIC EXCHANGE
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: THE BALTIC EXCHANGE
has website: http://www.balticexchange.com
is managed by: ServiceProvider-L-213800L2KQ61Y79TWR71

BANK OF AMERICA - MERRILL LYNCH INSTINCT X ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: REGISTERED ATS (ATS 2).
has facility acronym: MLIX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BANK OF AMERICA - MERRILL LYNCH INSTINCT X ATS
has website: http://corp.bankofamerica.com/business/ci/trader-instinct
is managed by: ServiceProvider-BANKOFAMERICA-MERRILLLYNCHINSTINCTXATS

MERR POOL XLN
type: NamedIndividual
type: dark pool
type: operating-level market
note: DARK POOL REQUESTED BY MISTAKE. BAML AND BAMP ARE THE SAME.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: MERR POOL XLN
is managed by: ServiceProvider-MERRPOOLXLN

BANK OF AMERICA - MERRILL LYNCH GCX
type: NamedIndividual
type: operating-level market
note: CROSSING ENGINE FOR EQUITIES.
has facility acronym: MLCX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BANK OF AMERICA - MERRILL LYNCH GCX
has website: http://www.bofaml.com/en-us/content/high-touch-electronic-trading.html
is managed by: ServiceProvider-BANKOFAMERICA-MERRILLLYNCHGCX

BANK OF AMERICA, NATIONAL ASSOCIATION
type: NamedIndividual
type: operating-level market
has facility acronym: BANA
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANK OF AMERICA, NATIONAL ASSOCIATION
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-B4TYDEB6GKMZO031MB27

BLOOMBERG - APA
type: NamedIndividual
type: Facility
note: BLOOMBERG APPROVED PUBLICATION ARRANGEMENT.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOOMBERG - APA
has website: http://www.bloomberg.com
is managed by: ServiceProvider-L-254900BF4G8VMW8GG471

BLOOMBERG DATA REPORTING SERVICES B.V. - APA
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: BLOOMBERG DATA REPORTING SERVICES B.V. - APA
has website: http://www.bloombergapae.com
is managed by: ServiceProvider-L-2549009C0EQ5M7H6ZY67

BALTPOOL
type: NamedIndividual
type: operating-level market
note: BALTPOOL UAB IS THE ELECTRICITY MARKET OPERATOR OF LITHUANIA.
operates in country: Lithuania
operates in municipality: Vilnius
has formal name: BALTPOOL
has website: http://www.baltpool.lt
is managed by: ServiceProvider-BALTPOOL

BARCLAYS FX - TRADING
type: NamedIndividual
type: market segment-level market
has facility acronym: BCAP LX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BARCLAYS FX - TRADING
is part of: BARCLAYS ATS
has website: http://www.barx.com/fx/index.html
is managed by: ServiceProvider-BARCLAYSFX-TRADING

CBOE EUROPE - REGULATED MARKET DARK BOOK
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EUROPE - REGULATED MARKET SECURITIES MIC CODE FOR DARK ORDER BOOK TRADES
has facility acronym: CBOE REGM DARK
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - REGULATED MARKET DARK BOOK
is part of: CBOE EUROPE REGULATED MARKETS
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

BARCLAYS LIQUID MARKETS
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BARCLAYS LIQUID MARKETS
is part of: BARCLAYS ATS
has website: http://www.barcap.com
is managed by: ServiceProvider-BARCLAYSLIQUIDMARKETS

CBOE EUROPE - REGULATED MARKET OFF BOOK
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EUROPE - REGULATED MARKET SECURITIES MIC CODE FOR OFF-BOOK TRADES
has facility acronym: CBOE REGM OFF BOOK
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - REGULATED MARKET OFF BOOK
is part of: CBOE EUROPE REGULATED MARKETS
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE EUROPE - REGULATED MARKET INTEGRATED BOOK
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EUROPE - REGULATED MARKET SECURITIES MIC CODE FOR INTEGRATED BOOK TRADES
has facility acronym: CBOE REGM LIT
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - REGULATED MARKET INTEGRATED BOOK
is part of: CBOE EUROPE REGULATED MARKETS
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE EUROPE - REGULATED MARKET DARK BOOK (NL)
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EUROPE - REGULATED MARKET DARK BOOK.
has facility acronym: CBOE EU REGM DARK
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - REGULATED MARKET DARK BOOK (NL)
is part of: Facility-CCRM
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

BARCLAYS ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: REGISTERED ATS.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BARCLAYS ATS
has website: http://www.barx.com/equities/liquiditycrossing.html
is managed by: ServiceProvider-BARCLAYSATS

BANK OF AMERICA MERRILL LYNCH - SWAP EXECUTIONS
type: NamedIndividual
type: operating-level market
has facility acronym: MLFE
operates in country: HongKong
operates in municipality: Hong Kong
has formal name: BANK OF AMERICA MERRILL LYNCH - SWAP EXECUTIONS
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-549300VDY6P7FVMD4W57

BANK OF AMERICA, NATIONAL ASSOCIATION - LONDON BRANCH OFFICE - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BANA LONDON
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANK OF AMERICA, NATIONAL ASSOCIATION - LONDON BRANCH OFFICE - SYSTEMATIC INTERNALISER
is part of: BANK OF AMERICA, NATIONAL ASSOCIATION
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-B4TYDEB6GKMZO031MB27

BANK OF AMERICA SECURITIES EQUITY SWAP - SYNTHETIC PRICE SOURCE
type: NamedIndividual
type: market segment-level market
operates in country: HongKong
operates in municipality: Hong Kong
has formal name: BANK OF AMERICA SECURITIES EQUITY SWAP - SYNTHETIC PRICE SOURCE
is part of: BANK OF AMERICA MERRILL LYNCH EQUITY SWAP - INTERNAL PRICE SOURCE
has website: http://www.bofaml.com
is managed by: ServiceProvider-L-GGDZP1UYGU9STUHRDP48

BANK OF AMERICA MERRILL LYNCH - SIMPLEX BLAST X
type: NamedIndividual
type: dark pool
type: operating-level market
note: DARK POOL.
operates in country: Japan
operates in municipality: Tokyo
has formal name: BANK OF AMERICA MERRILL LYNCH - SIMPLEX BLAST X
has website: http://www.japan.ml.com/japan_overview/mljs_overview.asp
is managed by: ServiceProvider-L-I7E80LI4NVVT41W1WB02

CBOE EUROPE - BXE DARK ORDER BOOK
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: TO BE USED FOR REPORTING DARK BOOK EXECUTIONS.
has facility acronym: CBOE DARK
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - BXE DARK ORDER BOOK
is part of: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE EUROPE - BXE ORDER BOOKS
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: MULTILATERAL TRADING FACILITY FOR CASH EQUITIES.
has facility acronym: CBOE EUROPE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - BXE ORDER BOOKS
is part of: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE EUROPE - BXE OFF-BOOK
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: CBOE EUROPE (BXE) OFF-BOOK TRADE REPORTS.
has facility acronym: CBOE OFF-BOOK
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - BXE OFF-BOOK
is part of: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE BZX OPTIONS EXCHANGE
type: NamedIndividual
type: market segment-level market
has facility acronym: BATO
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE BZX OPTIONS EXCHANGE
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

CBOE EUROPE - BXE PERIODIC
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: TO BE USED FOR EXECUTIONS RESULTING FROM CBOE BXE AUCTIONS BOOK.
has facility acronym: BXE PERIODIC
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE - BXE PERIODIC
is part of: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

CBOE BZX U.S. EQUITIES EXCHANGE
type: NamedIndividual
type: market segment-level market
has facility acronym: BATS
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE BZX U.S. EQUITIES EXCHANGE
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

CBOE BYX U.S. EQUITIES EXCHANGE
type: NamedIndividual
type: market segment-level market
note: CBOE BYX U.S. EQUITIES EXCHANGE.
has facility acronym: BYXX
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE BYX U.S. EQUITIES EXCHANGE
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

BARCLAYS BANK IRELAND PLC
type: NamedIndividual
type: operating-level market
has facility acronym: BBI
operates in country: Ireland
operates in municipality: Dublin
has formal name: BARCLAYS BANK IRELAND PLC
has website: http://www.barclays.ie
is managed by: ServiceProvider-L-2G5BKIC2CB69PRJH1W31

BARCLAYS BANK IRELAND PLC - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BBI SI
operates in country: Ireland
operates in municipality: Dublin
has formal name: BARCLAYS BANK IRELAND PLC - SYSTEMATIC INTERNALISER
is part of: BARCLAYS BANK IRELAND PLC
has website: http://www.barclays.ie
is managed by: ServiceProvider-L-2G5BKIC2CB69PRJH1W31

BONDBLOX EXCHANGE
type: NamedIndividual
type: operating-level market
type: recognised market operator
has facility acronym: BBX
operates in country: Singapore
operates in municipality: Singapore
has formal name: BONDBLOX EXCHANGE
has website: http://www.bondblox.com
is managed by: ServiceProvider-L-984500411D0AECD76056

BARCLAYS SINGLE DEALER PLATFORM
type: NamedIndividual
type: market segment-level market
note: U.S. EQUITIES SINGLE DEALER PLATFORM/POOL.
has facility acronym: BBOK
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BARCLAYS SINGLE DEALER PLATFORM
is part of: BARCLAYS ATS
has website: http://www.investmentbank.barclays.com/markets/equities-liquid-markets.html
is managed by: ServiceProvider-L-AC28XWWI3WIBK2824319

BLOOMBERG SEF LLC
type: NamedIndividual
type: operating-level market
type: swap execution facility
note: ELECTRONIC TRADING PLATFORM FOR REGULATED OTC DERIVATIVES TRANSACTIONS.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BLOOMBERG SEF LLC
has website: http://www.bloombergsef.com
is managed by: ServiceProvider-L-5493003IUYOH354SNS58

BARCLAYS BANK PLC - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BBPLC SI
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BARCLAYS BANK PLC - SYSTEMATIC INTERNALISER
is part of: BARCLAYS BANK PLC
has website: http://www.barclays.com
is managed by: ServiceProvider-L-G5GSEF7VJP5I7OUK5573

BLOOMBERG SEF LLC - SECURITY-BASED SWAP EXECUTION FACILITY (SBSEF)
type: NamedIndividual
type: market segment-level market
type: swap execution facility
has facility acronym: BSEF
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BLOOMBERG SEF LLC - SECURITY-BASED SWAP EXECUTION FACILITY (SBSEF)
is part of: BLOOMBERG SEF LLC
has website: http://www.bloombergsef.com
is managed by: ServiceProvider-L-5493003IUYOH354SNS58

BB SECURITIES LTD
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BB SECURITIES LTD
is managed by: ServiceProvider-L-213800MIMZ9M6KCKW783

BANCO BILBAO VIZCAYA ARGENTARIA S.A
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BBVA
operates in country: Spain
operates in municipality: Madrid
has formal name: BANCO BILBAO VIZCAYA ARGENTARIA S.A
has website: http://www.bbva.com
is managed by: ServiceProvider-L-K8MS7FD7N5Z2WQ51AZ71

BITSTAMP GLOBAL
type: NamedIndividual
type: Facility
operates in country: VirginIslandsBritish
operates in municipality: Road Town
has formal name: BITSTAMP GLOBAL
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-25490018RRANDXUMZ611

BANCO BILBAO VIZCAYA ARGENTARIA S.A. - UK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
has facility acronym: BBVA
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANCO BILBAO VIZCAYA ARGENTARIA S.A. - UK
has website: http://www.bbvacib.com
is managed by: ServiceProvider-L-5493000ITT4HB63XLV65

BARCLAYS DIRECT EX ATS
type: NamedIndividual
type: alternative trading system
type: market segment-level market
note: REGISTERED ATS.
has facility acronym: BCDX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BARCLAYS DIRECT EX ATS
is part of: BARCLAYS ATS
has website: http://realizations.barclays.com/global-markets/equities
is managed by: ServiceProvider-BARCLAYSCAPITALINC

BANQUE ET CAISSE D'EPARGNE DE L'ETAT, LUXEMBOURG - BCEE
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER. MIC FOR SI ACTIVITY.
has facility acronym: BCEE
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BANQUE ET CAISSE D'EPARGNE DE L'ETAT, LUXEMBOURG - BCEE
has website: http://www.bcee.lu
is managed by: ServiceProvider-L-R7CQUF1DQM73HUTV1078

BOLSA DE COMERCIO DE SANTA FE
type: NamedIndividual
type: operating-level market
operates in country: Argentina
operates in municipality: Santa Fe
has formal name: BOLSA DE COMERCIO DE SANTA FE
has website: http://www.bcsf.com.ar
is managed by: ServiceProvider-BOLSADECOMERCIODESANTAFE

BANCA MARCH S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: MARCH
operates in country: Spain
operates in municipality: Palma De Mallorca
has formal name: BANCA MARCH S.A.
has website: http://www.bancamarch.es
is managed by: ServiceProvider-L-959800LQ598A5RQASA61

BOLSA DE CEREAIS E MERCADORIAS DE MARINGA
type: NamedIndividual
type: operating-level market
note: COMMODITIES MARKET.
operates in country: Brazil
operates in municipality: Maringa
has formal name: BOLSA DE CEREAIS E MERCADORIAS DE MARINGA
has website: http://www.bcmm.com.br
is managed by: ServiceProvider-BOLSADECEREAISEMERCADORIASDEMARINGA

CBOE EUROPE REGULATED MARKETS
type: NamedIndividual
type: operating-level market
type: regulated exchange
note: CBOE REGULATED MARKETS.
has facility acronym: CBOE EUROPE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE REGULATED MARKETS
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

BROKERCREDITSERVICE (CYPRUS) LIMITED
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BCE
operates in country: Cyprus
operates in municipality: Limassol
has formal name: BROKERCREDITSERVICE (CYPRUS) LIMITED
has website: http://www.bcscyprus.com
is managed by: ServiceProvider-L-5493008C22FNI0QEEF10

BELARUS CURRENCY AND STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
has facility acronym: BCSE
operates in country: Belarus
operates in municipality: Minsk
has formal name: BELARUS CURRENCY AND STOCK EXCHANGE
has website: http://www.bcse.by
is managed by: ServiceProvider-BELARUSCURRENCYANDSTOCKEXCHANGE

BARCLAYS CAPITAL SECURITIES LIMITED - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BCSL SI
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BARCLAYS CAPITAL SECURITIES LIMITED - SYSTEMATIC INTERNALISER
is part of: BARCLAYS CAPITAL SECURITIES LIMITED
has website: http://www.barclays.com
is managed by: ServiceProvider-L-K9WDOH4D2PYBSLSOB484

BARCLAYS CAPITAL SECURITIES LIMITED
type: NamedIndividual
type: operating-level market
has facility acronym: BCSL
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BARCLAYS CAPITAL SECURITIES LIMITED
has website: http://www.barclays.com
is managed by: ServiceProvider-L-K9WDOH4D2PYBSLSOB484

CBOE EUROPE EQUITIES
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
note: PAN-EUROPEAN RECOGNISED INVESTMENT EXCHANGE.
has facility acronym: CBOE EUROPE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

BAYERNLB - IDEAL FX
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - IDEAL FX
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

BANQUE DEGROOF PETERCAM LUXEMBOURG S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BANQUE DEGROOF PETERCAM LUXEMBOURG S.A.
has website: http://www.degroofpetercam.com/en-lu
is managed by: ServiceProvider-L-NCKZJ8T1GQ25CDCFSD44

DSK BANK EAD
type: NamedIndividual
type: operating-level market
type: systematic internaliser
operates in country: Bulgaria
operates in municipality: Sofia
has formal name: DSK BANK EAD
has website: https://dskbank.bg/
is managed by: ServiceProvider-L-529900GEH0DAUTAXUA94

MTS ASSOCIATED MARKETS
type: NamedIndividual
type: operating-level market
operates in country: Belgium
operates in municipality: Brussels
has formal name: MTS ASSOCIATED MARKETS
has website: http://www.mtsbelgium.com
is managed by: ServiceProvider-L-213800C8G8MWTRJAOJ67

BULGARIAN ENERGY TRADING PLATFORM
type: NamedIndividual
type: operating-level market
type: organised trading facility
has facility acronym: BETP
operates in country: Bulgaria
operates in municipality: Sofia
has formal name: BULGARIAN ENERGY TRADING PLATFORM
has website: http://www.betp.bg
is managed by: ServiceProvider-L-984500852DB3CFC4A665

BOND ELECTRONIC EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
operates in country: Thailand
operates in municipality: Bangkok
has formal name: BOND ELECTRONIC EXCHANGE
has website: http://www.bex.or.th
is managed by: ServiceProvider-BONDELECTRONICEXCHANGE

BANCA ETICA
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Italy
operates in municipality: Padova
has formal name: BANCA ETICA
has website: http://www.bancaetica.it
is managed by: ServiceProvider-L-549300DI8RATWW2KQO25

BELFIUS BANK NV/SA
type: NamedIndividual
type: operating-level market
operates in country: Belgium
operates in municipality: Brussels
has formal name: BELFIUS BANK NV/SA
has website: http://www.belfius.com
is managed by: ServiceProvider-L-A5GWLFH3KM7YV2SFQL84

BELFIUS BANK NV/SA FIXED INCOME
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR CORPORATE, COVERED AND OTHER PUBLIC BONDS ISSUED BY BELGIAN ISSUERS.
operates in country: Belgium
operates in municipality: Brussels
has formal name: BELFIUS BANK NV/SA FIXED INCOME
is part of: BELFIUS BANK NV/SA
has website: http://www.belfius.com
is managed by: ServiceProvider-L-A5GWLFH3KM7YV2SFQL84

BOERSE BERLIN - REGULIERTER MARKT
type: NamedIndividual
type: market segment-level market
type: regulated exchange
operates in country: Germany
operates in municipality: Berlin
has formal name: BOERSE BERLIN - REGULIERTER MARKT
is part of: Facility-XBER
has website: http://www.berlin-boerse.de
is managed by: ServiceProvider-L-391200I7OS301UELZA68

BOERSE BERLIN - FREIVERKEHR
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Germany
operates in municipality: Berlin
has formal name: BOERSE BERLIN - FREIVERKEHR
is part of: Facility-XBER
has website: http://www.berlin-boerse.de
is managed by: ServiceProvider-L-391200I7OS301UELZA68

BOERSE BERLIN - BERLIN SECOND REGULATED MARKET
type: NamedIndividual
type: market segment-level market
type: regulated exchange
operates in country: Germany
operates in municipality: Berlin
has formal name: BOERSE BERLIN - BERLIN SECOND REGULATED MARKET
is part of: Facility-XBER
has website: http://www.berlin-boerse.de
is managed by: ServiceProvider-L-391200I7OS301UELZA68

BITSTAMP EUROPE
type: NamedIndividual
type: Facility
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BITSTAMP EUROPE
has website: http://www.bitstamp.net/
is managed by: ServiceProvider-L-549300XIBGTJ0PLIEO72

BETA MARKET
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: LAUNCHED IN NOVEMBER 2011, MULTILATERAL TRADING FACILITY.
operates in country: Hungary
operates in municipality: Budapest
has formal name: BETA MARKET
is part of: Facility-XBUD
has website: http://www.bse.hu
is managed by: ServiceProvider-L-54930094UMSXWVWJMT48

BLOOMBERG TRADEBOOK JAPAN LIMITED
type: NamedIndividual
type: operating-level market
note: BLOOMBERG'S ETP
operates in country: Japan
operates in municipality: Chiyoda-ku
has formal name: BLOOMBERG TRADEBOOK JAPAN LIMITED
has website: http://www.bloombergtradebook.com
is managed by: ServiceProvider-L-549300XGVYCP71W4BP27

BET OTC BILAT COMMODITY DERIVATIVES
type: NamedIndividual
type: operating-level market
note: OTC COMMODITY DERIVATIVES DONE BILATERALLY WITH CLIENTS OF THE FIRM. NO ELECTRONIC PLATFORM.
has facility acronym: BET
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BET OTC BILAT COMMODITY DERIVATIVES
has website: http://www.bp.com/en/global/trading/
is managed by: ServiceProvider-L-549300ZDBUCTRBOPM023

CBOE EUROPE - BXE DARK ORDER BOOK (NL)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: TO BE USED FOR REPORTING DARK BOOK EXECUTIONS.
has facility acronym: CBOE EU DARK
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - BXE DARK ORDER BOOK (NL)
is part of: Facility-CCXE
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CBOE EUROPE - BXE ORDER BOOKS (NL)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: PAN-EUROPEAN RECOGNISED INVESTMENT EXCHANGE.
has facility acronym: CBOE EU BXE
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - BXE ORDER BOOKS (NL)
is part of: Facility-CCXE
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CBOE EUROPE - BXE OFF-BOOK (NL)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: CBOE EUROPE (BXE) OFF-BOOK TRADE REPORTS.
has facility acronym: CBOE EU BXE OFF BOOK
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - BXE OFF-BOOK (NL)
is part of: Facility-CCXE
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CBOE EUROPE - REGULATED MARKET OFF BOOK (NL)
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EU - REGULATED MARKET SECURITIES MIC CODE FOR OFF-BOOK TRADES.
has facility acronym: CBOE EU REGM OFF BOOK
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - REGULATED MARKET OFF BOOK (NL)
is part of: Facility-CCRM
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CBOE EUROPE - DXE PERIODIC (NL)
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: TO BE USED FOR EXECUTIONS RESULTING FROM CBOE EU DXE AUCTIONS BOOK.
has facility acronym: CBOE EU DXE PERIODIC
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - DXE PERIODIC (NL)
is part of: Facility-CCXE
has website: http://www.cboe.com/europe/equities/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CBOE EUROPE - REGULATED MARKET INTEGRATED BOOK (NL)
type: NamedIndividual
type: market segment-level market
type: regulated exchange
note: CBOE EU - REGULATED MARKET SECURITIES MIC CODE FOR INTEGRATED BOOK TRADES.
has facility acronym: CBOE EU REGM LIT
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - REGULATED MARKET INTEGRATED BOOK (NL)
is part of: Facility-CCRM
has website: http://markets.cboe.com/europe/equities/about/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

BAHRAIN FINANCIAL EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
note: THE BFX IS THE FIRST MULTI-ASSET CLASS EXCHANGE IN THE MIDDLE EAST REGION AND WILL BE INTERNATIONALLY ACCESSIBLE TO TRADE CASH INSTRUMENTS, STRUCTURED PRODUCTS AND SHARIA-COMPLIANT FINANCIAL INSTRUMENTS AS WELL AS DERIVATIVES.
operates in country: Bahrain
operates in municipality: Manama
has formal name: BAHRAIN FINANCIAL EXCHANGE
has website: http://www.bfx.bh
is managed by: ServiceProvider-L-549300E7XSMTIA5ORC60

BANCO FINANTIA S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Portugal
operates in municipality: Lisbon
has formal name: BANCO FINANTIA S.A.
has website: http://www.finantia.pt
is managed by: ServiceProvider-L-2138003Z5ZVN16GFYV70

BITSTAMP DERIVATIVES EXCHANGE
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: Slovenia
operates in municipality: Ljubljana
has formal name: BITSTAMP DERIVATIVES EXCHANGE
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-4851007IRIW87EC5H697

BGC PARTNERS (AUSTRALIA) PTY LTD
type: NamedIndividual
type: operating-level market
operates in country: Australia
operates in municipality: Sydney
has formal name: BGC PARTNERS (AUSTRALIA) PTY LTD
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-L-549300EWSJTPKI0VTV84

BGC BROKERS LP - TRAYPORT
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BGC BROKERS LP - TRAYPORT
is part of: BGC BROKERS LP
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-BGCBROKERSLP-TRAYPORT

BGC DERIVATIVE MARKETS L.P.
type: NamedIndividual
type: market segment-level market
type: swap execution facility
note: BGC SWAP EXECUTION FACILITY.
has facility acronym: BGCDML
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BGC DERIVATIVE MARKETS L.P.
is part of: BGC FINANCIAL INC
has website: http://www.bgcsef.com
is managed by: ServiceProvider-L-549300RKB6B4M8CD2W04

BGC FINANCIAL INC
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BGC FINANCIAL INC
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-L-549300NP4MIDUNET0550

BGC BROKERS LP
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BGC BROKERS LP
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-BGCBROKERSLP

BGC SHOKEN KAISHA LTD - ETP
type: NamedIndividual
type: operating-level market
has facility acronym: BGC SKL
operates in country: Japan
operates in municipality: Tokyo
has formal name: BGC SHOKEN KAISHA LTD - ETP
has website: http://www.bgcg.com
is managed by: ServiceProvider-L-5493006BVSGHPKOR5U26

BGC BROKERS LP - MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: MULTILATERAL TRADING FACILITY.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BGC BROKERS LP - MTF
is part of: BGC BROKERS LP
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-L-ZWNFQ48RUL8VJZ2AIC12

BGC BROKERS LP - OTF
type: NamedIndividual
type: market segment-level market
type: organised trading facility
note: ORGANISED TRADING FACILITY.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BGC BROKERS LP - OTF
is part of: BGC BROKERS LP
has website: http://www.bgcpartners.com
is managed by: ServiceProvider-L-ZWNFQ48RUL8VJZ2AIC12

BORSA ITALIANA GLOBAL EQUITY MARKET
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: MULTILATERAL TRADING FACILITY FOR INTERNATIONAL EQUITIES.
has facility acronym: BITGEM
operates in country: Italy
operates in municipality: Milan
has formal name: BORSA ITALIANA GLOBAL EQUITY MARKET
is part of: Facility-XMIL
has website: http://www.borsaitaliana.it
is managed by: ServiceProvider-L-8156005391EE905D3124

BERENBERG FIXED INCOME
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR FIXED INCOME.
has facility acronym: BGFI
operates in country: Germany
operates in municipality: Hamburg
has formal name: BERENBERG FIXED INCOME
is part of: BERENBERG
has website: http://www.berenberg.com
is managed by: ServiceProvider-L-529900UC2OD7II24Z667

BERENBERG FIXED INCOME UK
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR FIXED INCOME UK.
has facility acronym: BGFU
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BERENBERG FIXED INCOME UK
is part of: BERENBERG UK
has website: http://www.berenberg.com
is managed by: ServiceProvider-L-529900UC2OD7II24Z667

BERENBERG FX
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR FX.
has facility acronym: BGFX
operates in country: Germany
operates in municipality: Hamburg
has formal name: BERENBERG FX
is part of: BERENBERG
has website: http://www.berenberg.com
is managed by: ServiceProvider-L-529900UC2OD7II24Z667

BALKAN GAS HUB EAD
type: NamedIndividual
type: operating-level market
note: COMMODITIES AND DERIVATIVES OTC AND EXCHANGE MARKET OPERATOR.
operates in country: Bulgaria
operates in municipality: Sofia
has formal name: BALKAN GAS HUB EAD
has website: http://www.balkangashub.bg
is managed by: ServiceProvider-L-254900OBGLGL51E9EQ66

BGL BNP PARIBAS
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BGL
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BGL BNP PARIBAS
has website: http://www.bgl.lu
is managed by: ServiceProvider-L-UAIAINAJ28P30E5GWE37

BGC PARTNERS SINGAPORE RMO
type: NamedIndividual
type: operating-level market
type: recognised market operator
operates in country: Singapore
operates in municipality: Singapore
has formal name: BGC PARTNERS SINGAPORE RMO
has website: http://www.bgcg.com
is managed by: ServiceProvider-L-549300BVRE4RY41UTU57

BERENBERG
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR EQUITIES.
has facility acronym: BBSI
operates in country: Germany
operates in municipality: Hamburg
has formal name: BERENBERG
has website: http://www.berenberg.com
is managed by: ServiceProvider-BERENBERG

BERENBERG UK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BGUK
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BERENBERG UK
has website: http://www.berenberg.com
is managed by: ServiceProvider-L-529900UC2OD7II24Z667

CBOE SEF, LLC
type: NamedIndividual
type: operating-level market
type: swap execution facility
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CBOE SEF, LLC
has website: http://www.cboe.com/global/fx/sef/
is managed by: ServiceProvider-L-549300D84OQ6BDBRBO35

BANK HANDLOWY W WARSZAWIE S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BHW SI
operates in country: Poland
operates in municipality: Warsaw
has formal name: BANK HANDLOWY W WARSZAWIE S.A.
has website: http://www.citibank.pl
is managed by: ServiceProvider-L-XLEZHWWOI4HFQDGL4793

BIDS TRADING L.P.
type: NamedIndividual
type: operating-level market
has facility acronym: BIDS
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BIDS TRADING L.P.
has website: http://www.bidstrading.com
is managed by: ServiceProvider-L-254900J9JVL76SF70898

BANQUE INTERNATIONALE A LUXEMBOURG S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BIL
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BANQUE INTERNATIONALE A LUXEMBOURG S.A.
has website: http://www.bil.com
is managed by: ServiceProvider-L-9CZ7TVMR36CYD5TZBS50

BOND INVEST
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: BOND INVEST
has website: http://www.steubing.com
is managed by: ServiceProvider-L-39120043LUI1WJS8IX30

GOLDMAN SACHS INTERNATIONAL BANK - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: GSIB SYSTEMATIC INTERNALISER
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: GOLDMAN SACHS INTERNATIONAL BANK - SYSTEMATIC INTERNALISER
is part of: Facility-GSIB
has website: http://www.goldmansachs.com
is managed by: ServiceProvider-L-549300OYYE9P450H6O40

BOLSA INSTITUCIONAL DE VALORES
type: NamedIndividual
type: operating-level market
note: STOCK EXCHANGE.LIVE IN Q1 2018.
has facility acronym: BIVA
operates in country: Mexico
operates in municipality: Mexico City
has formal name: BOLSA INSTITUCIONAL DE VALORES
has website: http://www.biva.mx
is managed by: ServiceProvider-L-894500CS2D6RLGW61A19

BEIJING STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
type: regulated exchange
operates in country: China
operates in municipality: Beijing
has formal name: BEIJING STOCK EXCHANGE
has website: http://www.bse.cn
is managed by: ServiceProvider-L-836800S6C5TZNJN6ZS25

BNY MELLON S.A./N.V. - BRUSSELS BRANCH - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BNYM
operates in country: Belgium
operates in municipality: Brussels
has formal name: BNY MELLON S.A./N.V. - BRUSSELS BRANCH - SYSTEMATIC INTERNALISER
is part of: BNY MELLON S.A./N.V. - BRUSSELS BRANCH
has website: http://www.bnymellon.com
is managed by: ServiceProvider-L-MMYX0N4ZEZ13Z4XCG897

BNY MELLON S.A./N.V. - BRUSSELS BRANCH
type: NamedIndividual
type: operating-level market
has facility acronym: BNYM
operates in country: Belgium
operates in municipality: Brussels
has formal name: BNY MELLON S.A./N.V. - BRUSSELS BRANCH
has website: http://www.bnymellon.com
is managed by: ServiceProvider-L-MMYX0N4ZEZ13Z4XCG897

BNY MELLON MARKETS EUROPE LIMITED
type: NamedIndividual
type: operating-level market
note: REGISTERED ELECTRONIC MARKET FOR REPO.
has facility acronym: BNYMEL
operates in country: Ireland
operates in municipality: Dublin
has formal name: BNY MELLON MARKETS EUROPE LIMITED
has website: http://www.bnymellon.com
is managed by: ServiceProvider-L-213800BCFW6KUDEH8W19

BAKKT
type: NamedIndividual
type: operating-level market
note: SPOT MARKET FOR CRYPTO CURRENCY AND DERIVATIVES.
operates in country: UnitedStatesOfAmerica
operates in municipality: Atlanta
has formal name: BAKKT
has website: http://www.bakkt.com
is managed by: ServiceProvider-L-254900ZSO0IPC7WB7I79

THE BANK OF NEW YORK MELLON
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BNYM
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: THE BANK OF NEW YORK MELLON
is part of: THE BANK OF NEW YORK MELLON - LONDON BRANCH
has website: http://www.bnymellon.com
is managed by: ServiceProvider-L-HPFHU0OQ28E4N0NFVK49

THE BANK OF NEW YORK MELLON - LONDON BRANCH
type: NamedIndividual
type: operating-level market
has facility acronym: BNYM
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: THE BANK OF NEW YORK MELLON - LONDON BRANCH
has website: http://www.bnymellon.com
is managed by: ServiceProvider-L-HPFHU0OQ28E4N0NFVK49

BKS BANK AG
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Austria
operates in municipality: Klagenfurt Am Woerthersee
has formal name: BKS BANK AG
has website: http://www.bks.at
is managed by: ServiceProvider-L-529900B9P29R8W03IX88

BAYERNLB
type: NamedIndividual
type: operating-level market
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

BANJA LUKA STOCK EXCHANGE - FREE MARKET
type: NamedIndividual
type: market segment-level market
has facility acronym: BLSE
operates in country: BosniaAndHerzegovina
operates in municipality: Banja Luka
has formal name: BANJA LUKA STOCK EXCHANGE - FREE MARKET
is part of: Facility-XBLB
has website: http://www.blberza.com
is managed by: ServiceProvider-BANJALUKASTOCKEXCHANGE-FREEMARKET

BAYERNLB - BONDS MARKET
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - BONDS MARKET
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

BAYERNLB - EQUITIES MARKET
type: NamedIndividual
type: market segment-level market
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - EQUITIES MARKET
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

BLOCK EVENT
type: NamedIndividual
type: operating-level market
note: ELECTRONIC BLOCK TRADING PLATFORM FOR EQUITIES.
operates in country: Australia
operates in municipality: Melbourne
has formal name: BLOCK EVENT
has website: http://www.blockevent.com
is managed by: ServiceProvider-BLOCKEVENT

BAYERNLB - FX DERIVATIVES MARKET
type: NamedIndividual
type: market segment-level market
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - FX DERIVATIVES MARKET
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

BAYERNLB - LIQP BONDS MARKET
type: NamedIndividual
type: market segment-level market
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - LIQP BONDS MARKET
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

INSTINET BLOCKCROSS ATS
type: NamedIndividual
type: alternative trading system
type: market segment-level market
note: ALTERNATIVE TRADING SYSTEM.
has facility acronym: BLKX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: INSTINET BLOCKCROSS ATS
is part of: Facility-XINS
has website: http://www.instinet.com
is managed by: ServiceProvider-L-549300MGMN3RKMU8FT57

BLINK MTF
type: NamedIndividual
type: dark pool
type: market segment-level market
note: EQUITIES CROSSING, EQUITIES DARK POOL, PAN-EUROPEAN EQUITIES.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLINK MTF
is part of: Facility-CHEV
has website: http://www.cheuvreux.com
is managed by: ServiceProvider-BLINKMTF

BLOCKMATCH UK DARK
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: PRICE REFERENCE WAIVER SYSTEM.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOCKMATCH UK DARK
is part of: Facility-XIEL
has website: http://www.blockmatch.com
is managed by: ServiceProvider-L-213800MXAKR2LA1VBM44

BELGIAN POWER EXCHANGE
type: NamedIndividual
type: operating-level market
has facility acronym: BLPX
operates in country: Belgium
operates in municipality: Brussels
has formal name: BELGIAN POWER EXCHANGE
has website: http://www.belpex.be
is managed by: ServiceProvider-BELGIANPOWEREXCHANGE

BLOOMBERG TRADEBOOK LLC
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BLOOMBERG TRADEBOOK LLC
has website: http://www.bloombergtradebook.com
is managed by: ServiceProvider-L-549300P0PVQNO43T7K36

BALTEX - FREIGHT DERIVATIVES MARKET
type: NamedIndividual
type: market segment-level market
note: MTF FOR ELECTRONIC TRADING OF FREIGHT DERIVATIVES
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BALTEX - FREIGHT DERIVATIVES MARKET
is part of: THE BALTIC EXCHANGE
has website: http://www.balticexchange.com
is managed by: ServiceProvider-L-213800L2KQ61Y79TWR71

PRO SECURITIES ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: ALTERNATIVE TRADING SYSTEM.
has facility acronym: PROS
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: PRO SECURITIES ATS
is managed by: ServiceProvider-PROSECURITIESATS

BANQUE DE LUXEMBOURG
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Luxembourg
operates in municipality: Luxembourg
has formal name: BANQUE DE LUXEMBOURG
has website: http://www.banquedeluxembourg.com
is managed by: ServiceProvider-L-PSZXLEV07O5MHRRFCW56

INSTINET BLX (AU)
type: NamedIndividual
type: operating-level market
note: BLOCK FOCUSED LIQUIDITY POOL FOR AUSTRALIAN EQUITIES.
operates in country: Australia
operates in municipality: Sydney
has formal name: INSTINET BLX (AU)
has website: http://www.instinet.com
is managed by: ServiceProvider-L-5493000V6EFTSRJ06G76

BME CLEARING S.A.
type: NamedIndividual
type: market segment-level market
operates in country: Spain
operates in municipality: Madrid
has formal name: BME CLEARING S.A.
is part of: BME - BOLSAS Y MERCADOS ESPANOLES
has website: http://www.aiaf.es
is managed by: ServiceProvider-L-5299009QA8BBE2OOB349

BMO CAPITAL MARKETS LIMITED
type: NamedIndividual
type: operating-level market
has facility acronym: ST
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BMO CAPITAL MARKETS LIMITED
has website: http://www.bmocm.com
is managed by: ServiceProvider-L-L64HM9LHPDOS1B9HJC68

BME - APA
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT (APA).
has facility acronym: BME APA
operates in country: Spain
operates in municipality: Madrid
has formal name: BME - APA
is part of: BME - BOLSAS Y MERCADOS ESPANOLES
has website: http://www.bolsasymercados.es/regulatory-services/ing/home
is managed by: ServiceProvider-L-959800QN4DV2FYZS9Q98

BME - BOLSAS Y MERCADOS ESPANOLES
type: NamedIndividual
type: operating-level market
has facility acronym: BME
operates in country: Spain
operates in municipality: Madrid
has formal name: BME - BOLSAS Y MERCADOS ESPANOLES
has website: http://www.bolsasymercados.es
is managed by: ServiceProvider-L-9598003MSLCX8JT38V69

BMFMS-ATS
type: NamedIndividual
type: alternative trading system
type: market segment-level market
note: ALTERNATIVE TRADING SYSTEM FOR EQUITIES.
operates in country: Romania
operates in municipality: Sibiu
has formal name: BMFMS-ATS
is part of: SIBIU MONETARY- FINANCIAL AND COMMODITIES EXCHANGE
has website: http://www.sibex.ro
is managed by: ServiceProvider-BMFMS-ATS

DERIVATIVES REGULATED MARKET - BMFMS
type: NamedIndividual
type: market segment-level market
has facility acronym: BMFMS
operates in country: Romania
operates in municipality: Sibiu
has formal name: DERIVATIVES REGULATED MARKET - BMFMS
is part of: SIBIU MONETARY- FINANCIAL AND COMMODITIES EXCHANGE
has website: http://www.sibex.ro
is managed by: ServiceProvider-DERIVATIVESREGULATEDMARKET-BMFMS

SIBIU MONETARY- FINANCIAL AND COMMODITIES EXCHANGE
type: NamedIndividual
type: operating-level market
note: THE SIBIU MONETARY FINANCIAL AND COMMODITIES EXCHANGE (BURSA MONETAR FINANCIARA SI DE MARFURI SIBIU OR BMFMS IN ROMANIAN) IS ROMANIA'S SECOND LARGEST FINANCIAL MARKET.
operates in country: Romania
operates in municipality: Sibiu
has formal name: SIBIU MONETARY- FINANCIAL AND COMMODITIES EXCHANGE
has website: http://www.sibex.ro
is managed by: ServiceProvider-SIBIUMONETARY-FINANCIALANDCOMMODITIESEXCHANGE

BANK OF MONTREAL - LONDON BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BMO
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANK OF MONTREAL - LONDON BRANCH
has website: http://www.bmocm.com
is managed by: ServiceProvider-L-NQQ6HPCNCCU6TUTQYE16

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
type: NamedIndividual
type: operating-level market
has facility acronym: BAMLI DAC
operates in country: Ireland
operates in municipality: Dublin
has formal name: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-EQYXK86SF381Q21S3020

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BAMLI DAC
operates in country: Ireland
operates in municipality: Dublin
has formal name: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY - SYSTEMATIC INTERNALISER
is part of: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-EQYXK86SF381Q21S3020

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
type: NamedIndividual
type: operating-level market
has facility acronym: BAMLI
operates in country: Ireland
operates in municipality: Dublin
has formal name: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-EYKN6V0ZCB8VD9IULB80

BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BAMLI
operates in country: Ireland
operates in municipality: Dublin
has formal name: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
is part of: BANK OF AMERICA MERRILL LYNCH INTERNATIONAL BANK DESIGNATED ACTIVITY COMPANY
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-EYKN6V0ZCB8VD9IULB80

BLOOMBERG TRADING FACILITY LIMITED
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
note: BLOOMBERG MULTI-LATERAL TRADING FACILITY.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOOMBERG TRADING FACILITY LIMITED
has website: http://www.bloomberg.com
is managed by: ServiceProvider-L-549300ROEJDDAXM6LU05

MTS BELGIUM
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: Belgium
operates in municipality: Brussels
has formal name: MTS BELGIUM
is part of: MTS ASSOCIATED MARKETS
has website: http://www.mtsbelgium.com
is managed by: ServiceProvider-L-213800C8G8MWTRJAOJ67

TRADEWEB DIRECT LLC
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: TRADEWEB DIRECT LLC
is part of: Facility-TRWB
has website: http://www.tradeweb.com
is managed by: ServiceProvider-L-549300MII67ES5YBJH61

BONDS.COM, INC.
type: NamedIndividual
type: operating-level market
has facility acronym: BNDS
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BONDS.COM, INC.
has website: http://www.bonds.com
is managed by: ServiceProvider-L-213800QOW94YDEADDF52

BANCA NAZIONALE DEL LAVORO SPA
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Italy
operates in municipality: Rome
has formal name: BANCA NAZIONALE DEL LAVORO SPA
has website: http://www.bnl.it
is managed by: ServiceProvider-L-UI802FYJ52XDB7N4KN18

BNP PARIBAS ARBITRAGE SNC
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BNPP A SI
operates in country: France
operates in municipality: Paris
has formal name: BNP PARIBAS ARBITRAGE SNC
has website: http://www.cib.bnpparibas.com
is managed by: ServiceProvider-L-6EWKU0FGVX5QQJHFGT48

BNPP CORTEX ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
note: ALTERNATIVE TRADING SYSTEM.
has facility acronym: BNPX
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BNPP CORTEX ATS
has website: https://usa.bnpparibas/en/
is managed by: ServiceProvider-L-RCNB6OTYUAMMP879YW96

BNP PARIBAS FORTIS SA/NV
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BNPPF SI
operates in country: Belgium
operates in municipality: Brussels
has formal name: BNP PARIBAS FORTIS SA/NV
has website: http://www.bnpparibasfortis.com
is managed by: ServiceProvider-L-KGCEPHLVVKVRZYO1T647

BNPP CORTEX EQUITIES
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BNPP CORTEX EQUITIES
has website: https://globalmarkets.cib.bnpparibas/cortex-equities/
is managed by: ServiceProvider-L-RCNB6OTYUAMMP879YW96

BNP PARIBAS SA LONDON BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER. FOR UK MIFID II.
has facility acronym: BNPP SA LB SI
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BNP PARIBAS SA LONDON BRANCH
has website: http://www.cib.bnpparibas.com
is managed by: ServiceProvider-L-R0MUWSFPU8MPRO8K5P83

BANK BGZ BNP PARIBAS S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Poland
operates in municipality: Warsaw
has formal name: BANK BGZ BNP PARIBAS S.A.
has website: http://www.bgzbnpparibas.pl
is managed by: ServiceProvider-L-NMH2KF074RKAGTH4CM63

BNP PARIBAS SA
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BNPP SA SI
operates in country: France
operates in municipality: Paris
has formal name: BNP PARIBAS SA
has website: http://www.cib.bnpparibas.com
is managed by: ServiceProvider-L-R0MUWSFPU8MPRO8K5P83

BNP PARIBAS ALTERNATIVE TRADING SYSTEM
type: NamedIndividual
type: operating-level market
operates in country: Japan
operates in municipality: Tokyo
has formal name: BNP PARIBAS ALTERNATIVE TRADING SYSTEM
has website: http://www.bnpparibas.jp/en/
is managed by: ServiceProvider-L-549300W1PKAHKJ86TC84

THE BANK OF NOVA SCOTIA
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Canada
operates in municipality: Toronto
has formal name: THE BANK OF NOVA SCOTIA
has website: http://www.scotiabank.com
is managed by: ServiceProvider-L-L3I9ZG2KFGXZ61BMYR72

BLOCKMATCH UK NT
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: NEGOTIATED TRADE WAIVER SYSTEM.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOCKMATCH UK NT
is part of: Facility-XIEL
has website: http://www.blockmatch.com
is managed by: ServiceProvider-L-213800MXAKR2LA1VBM44

CONVERGEX
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CONVERGEX
has website: http://www.convergex.com
is managed by: ServiceProvider-L-5493008QI0EFC5WBED75

BANK OF AMERICA, NATIONAL ASSOCIATION - LONDON BRANCH OFFICE
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANK OF AMERICA, NATIONAL ASSOCIATION - LONDON BRANCH OFFICE
is part of: BANK OF AMERICA, NATIONAL ASSOCIATION
has website: http://www.bofaml.com/emea
is managed by: ServiceProvider-L-B4TYDEB6GKMZO031MB27

CINNOBER BOAT
type: NamedIndividual
type: operating-level market
note: OTC EQUITIES TRADE REPORTING PLATFORM
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CINNOBER BOAT
has website: http://www.cinnober.com/boat-trade-reporting
is managed by: ServiceProvider-CINNOBERBOAT

BANK OF CHINA LIMITED - FRANKFURT BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
operates in country: Germany
operates in municipality: Frankfurt
has formal name: BANK OF CHINA LIMITED - FRANKFURT BRANCH
has website: http://www.bankofchina.com
is managed by: ServiceProvider-L-54930053HGCFWVHYZX42

BANK OF SCOTLAND PLC
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: Edinburgh
has formal name: BANK OF SCOTLAND PLC
has website: http://www.bankofscotland.co.uk
is managed by: ServiceProvider-L-OQ3T05P7YR8P5YJEVI93

BONDVISION ITALIA
type: NamedIndividual
type: market segment-level market
note: REGULATED MARKET FOR GOVERNMENT DEBT SECURITIES.
operates in country: Italy
operates in municipality: Rome
has formal name: BONDVISION ITALIA
is part of: Facility-MTSO
has website: http://www.mtsmarkets.com
is managed by: ServiceProvider-L-213800ZMKPUV1VKLCT69

BONDSCAPE
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BONDSCAPE
has website: http://www.bondscape.net
is managed by: ServiceProvider-BONDSCAPE

NASDAQ OMX BX DARK
type: NamedIndividual
type: dark pool
type: market segment-level market
note: DARK POOL
has facility acronym: NQBXDARK
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: NASDAQ OMX BX DARK
is part of: Facility-XNAS
has website: http://www.nasdaqomxtrader.com
is managed by: ServiceProvider-NASDAQOMXBXDARK

WARSAW STOCK EXCHANGE/BONDS/CATALYST/BONDSPOT/MTF
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: MULTILATERAL TRADING FACILITIES FOR DEBT INSTRUMENTS.
operates in country: Poland
operates in municipality: Warsaw
has formal name: WARSAW STOCK EXCHANGE/BONDS/CATALYST/BONDSPOT/MTF
is part of: Facility-XWAR
has website: http://www.bondspot.pl
is managed by: ServiceProvider-L-259400N28EKSTIFFCL55

BRUCE ATS
type: NamedIndividual
type: alternative trading system
type: operating-level market
has facility acronym: BOSS
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: BRUCE ATS
has website: http://www.brucemarkets.com
is managed by: ServiceProvider-L-2549001BE54HKW5HTX63

OFF EXCHANGE IDENTIFIER FOR OTC TRADES REPORTED TO CBOE EUROPE
type: NamedIndividual
type: off-market facility
type: Facility
note: OFF EXCHANGE IDENTIFIER FOR OTC TRADES REPORTED TO CBOE EUROPE.
has facility acronym: CBOE OFF EXCHANGE
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: OFF EXCHANGE IDENTIFIER FOR OTC TRADES REPORTED TO CBOE EUROPE
is part of: CBOE EUROPE EQUITIES
has website: http://www.markets.cboe.com/europe/equities/overview/
is managed by: ServiceProvider-L-254900ERRPSKE7UZH711

BOTSWANA STOCK EXCHANGE - EXCHANGE TRADED FUNDS (ETF)
type: NamedIndividual
type: market segment-level market
has facility acronym: BOT
operates in country: Botswana
operates in municipality: Gaborone
has formal name: BOTSWANA STOCK EXCHANGE - EXCHANGE TRADED FUNDS (ETF)
is part of: Facility-XBOT
has website: http://www.bse.co.bw
is managed by: ServiceProvider-BOTSWANASTOCKEXCHANGE-EXCHANGETRADEDFUNDSETF

BOTSWANA STOCK EXCHANGE - VENTURE CAPITAL
type: NamedIndividual
type: market segment-level market
has facility acronym: BOT
operates in country: Botswana
operates in municipality: Gaborone
has formal name: BOTSWANA STOCK EXCHANGE - VENTURE CAPITAL
is part of: Facility-XBOT
has website: http://www.bse.co.bw
is managed by: ServiceProvider-BOTSWANASTOCKEXCHANGE-VENTURECAPITAL

BOLSA DE CORREDORES - BOLSA DE VALORES
type: NamedIndividual
type: operating-level market
note: EQUITY AND BOND MARKET.
operates in country: Chile
operates in municipality: Valparaiso
has formal name: BOLSA DE CORREDORES - BOLSA DE VALORES
has website: http://www.bovalpo.com
is managed by: ServiceProvider-BOLSADECORREDORES-BOLSADEVALORES

BOLSA DE VALORES MINAS-ESPIRITO SANTO-BRASILIA
type: NamedIndividual
type: operating-level market
note: COMMODITIES MARKET.
operates in country: Brazil
operates in municipality: Espirito Santo
has formal name: BOLSA DE VALORES MINAS-ESPIRITO SANTO-BRASILIA
has website: http://www.bovmesb.com.br
is managed by: ServiceProvider-BOLSADEVALORESMINAS-ESPIRITOSANTO-BRASILIA

BANK PICTET & CIE (EUROPE) AG
type: NamedIndividual
type: operating-level market
type: systematic internaliser
has facility acronym: BPAG
operates in country: Germany
operates in municipality: Frankfurt
has formal name: BANK PICTET & CIE (EUROPE) AG
has website: http://www.pictet.com
is managed by: ServiceProvider-L-549300GSSPQ1QSKI1376

BANCA PASSADORE
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Italy
operates in municipality: Genova
has formal name: BANCA PASSADORE
has website: http://www.bancapassadore.it
is managed by: ServiceProvider-L-815600EB9E6DCD050385

PKO BANK POLSKI S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: PKO BP
operates in country: Poland
operates in municipality: Warsaw
has formal name: PKO BANK POLSKI S.A.
has website: http://www.pkobp.pl
is managed by: ServiceProvider-L-P4GTT6GF1W40CVIMFR43

BARCLAYS BANK PLC
type: NamedIndividual
type: operating-level market
has facility acronym: BBPLC
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BARCLAYS BANK PLC
has website: http://www.barclays.com
is managed by: ServiceProvider-L-G5GSEF7VJP5I7OUK5573

BLOOMBERG BPOOL
type: NamedIndividual
type: operating-level market
note: ELECTRONIC TRADING PLATFORM
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BLOOMBERG BPOOL
has website: http://www.bloomberg.com
is managed by: ServiceProvider-L-549300B56MD0ZC402L06

BNP PARIBAS SECURITIES SERVICES
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER. EXECUTING VENUE FOR OTC DERIVATIVES FX.
has facility acronym: BP2S
operates in country: France
operates in municipality: Paris
has formal name: BNP PARIBAS SECURITIES SERVICES
has website: http://www.securities.bnpparibas.com
is managed by: ServiceProvider-L-549300WCGB70D06XZS54

BITSTAMP ASIA PTE. LTD.
type: NamedIndividual
type: Facility
operates in country: Singapore
operates in municipality: Singapore
has formal name: BITSTAMP ASIA PTE. LTD.
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-254900WGUH9DYLW4QP03

BPX MARKETS LIMITED - DEBT INSTRUMENTS
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BPX MARKETS LIMITED - DEBT INSTRUMENTS
is part of: BPX MARKETS LIMITED
has website: https://bpx.exchange/
is managed by: ServiceProvider-L-213800L99BSZNOT1FV03

BPX MARKETS LIMITED
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BPX MARKETS LIMITED
has website: https://bpx.exchange/
is managed by: ServiceProvider-L-213800L99BSZNOT1FV03

BRAEMAR SECURITIES LTD - OTF
type: NamedIndividual
type: market segment-level market
type: organised trading facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BRAEMAR SECURITIES LTD - OTF
is part of: BRAEMAR SECURITIES LTD
has website: http://www.braemarsecuritieslimited.com
is managed by: ServiceProvider-L-549300MKGUYMMT8WIJ94

BRD - GROUPE SOCIETE GENERALE S.A.
type: NamedIndividual
type: operating-level market
note: OPERATING MIC COVERING OTC MARKETS FOR BRD - GROUPE SOCIETE GENERALE S.A.
operates in country: Romania
operates in municipality: Bucharest
has formal name: BRD - GROUPE SOCIETE GENERALE S.A.
has website: http://www.brd.ro
is managed by: ServiceProvider-L-5493008QRHH0XCLJ4238

BRD - GROUPE SOCIETE GENERALE S.A. - LIQUIDITY PROVIDER
type: NamedIndividual
type: market segment-level market
note: LIQUIDITY PROVIDER.
operates in country: Romania
operates in municipality: Bucharest
has formal name: BRD - GROUPE SOCIETE GENERALE S.A. - LIQUIDITY PROVIDER
is part of: BRD - GROUPE SOCIETE GENERALE S.A.
has website: http://www.brd.ro
is managed by: ServiceProvider-L-5493008QRHH0XCLJ4238

BRD - GROUPE SOCIETE GENERALE S.A. - SYSTEMATIC INTERNALISER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Romania
operates in municipality: Bucharest
has formal name: BRD - GROUPE SOCIETE GENERALE S.A. - SYSTEMATIC INTERNALISER
is part of: BRD - GROUPE SOCIETE GENERALE S.A.
has website: http://www.brd.ro
is managed by: ServiceProvider-L-5493008QRHH0XCLJ4238

BANCA REALE
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Italy
operates in municipality: Turin
has formal name: BANCA REALE
has website: http://www.bancareale.it
is managed by: ServiceProvider-L-815600D852A98169B612

BRED BANQUE POPULAIRE
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: France
operates in municipality: Paris
has formal name: BRED BANQUE POPULAIRE
has website: http://www.bred.fr
is managed by: ServiceProvider-L-NICH5Q04ADUV9SN3Q390

BLOCKMATCH UK SELECT
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
note: REQUEST FOR QUOTE SYSTEM.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BLOCKMATCH UK SELECT
is part of: Facility-XIEL
has website: http://www.blockmatch.com
is managed by: ServiceProvider-L-213800MXAKR2LA1VBM44

BRYAN GARNIER AND CO LIMITED
type: NamedIndividual
type: operating-level market
note: EQUITIES AND BONDS, EQUITY DERIVATIVES.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BRYAN GARNIER AND CO LIMITED
has website: http://www.bryangarnier.com
is managed by: ServiceProvider-L-213800QFPP8QFI9PUP95

BRAZILIAN ENERGY EXCHANGE
type: NamedIndividual
type: operating-level market
note: ELECTRONIC TRADING PLATFORM FOR OTC DERIVATIVES
operates in country: Brazil
operates in municipality: Sao Paulo
has formal name: BRAZILIAN ENERGY EXCHANGE
is managed by: ServiceProvider-BRAZILIANENERGYEXCHANGE

ROMANIAN COMMODITIES EXCHANGE - BRM-SMT
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: BRM
operates in country: Romania
operates in municipality: Bucharest
has formal name: ROMANIAN COMMODITIES EXCHANGE - BRM-SMT
is part of: Facility-XBRM
has website: http://www.brm.ro
is managed by: ServiceProvider-L-2594004XQ58NIEX1Y444

BERNSTEIN CROSS (BERN-X)
type: NamedIndividual
type: operating-level market
note: INTERNAL CROSSING FOR BERNSTEIN
has facility acronym: BERN-X
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BERNSTEIN CROSS (BERN-X)
has website: http://www.alliancebernstein.com
is managed by: ServiceProvider-BERNSTEINCROSSBERN-X

BANCO DE SABADELL, S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: BSAB
operates in country: Spain
operates in municipality: Sabadell
has formal name: BANCO DE SABADELL, S.A.
has website: http://www.bancsabadell.com
is managed by: ServiceProvider-L-SI5RG2M0WQQLZCXKRM20

BAKU STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
operates in country: Azerbaijan
operates in municipality: Baku
has formal name: BAKU STOCK EXCHANGE
has website: http://www.bse.az
is managed by: ServiceProvider-BAKUSTOCKEXCHANGE

BAYERNLB - FX HANDEL
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Munich
has formal name: BAYERNLB - FX HANDEL
is part of: BAYERNLB
has website: http://www.bayernlb.de
is managed by: ServiceProvider-L-VDYMYTQGZZ6DU0912C88

INTELLIGENTCROSS - BSGX
type: NamedIndividual
type: market segment-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Stamford
has formal name: INTELLIGENTCROSS - BSGX
is part of: Facility-INCR
has website: http://www.intelligentcross.com
is managed by: ServiceProvider-L-254900TX2BTPJWW4A154

BANCO SANTANDER, LONDON BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BANCO SANTANDER, LONDON BRANCH
has website: http://www.santander.com
is managed by: ServiceProvider-L-5493006QMFDDMYWIAM13

BSE SME
type: NamedIndividual
type: market segment-level market
note: BSE SME PLATFORM.
has facility acronym: BSE SME
operates in country: India
operates in municipality: Mumbai
has formal name: BSE SME
is part of: Facility-XBOM
has website: http://www.bsesme.com
is managed by: ServiceProvider-L-335800UOTLCPTZQVDA19

BNP PARIBAS SECURITIES SERVICES LONDON BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER - FOR UK MIFID II.
has facility acronym: BP2S LB SI
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BNP PARIBAS SECURITIES SERVICES LONDON BRANCH
has website: http://www.securities.bnpparibas.com
is managed by: ServiceProvider-L-549300WCGB70D06XZS54

BOSTON SECURITY TOKEN EXCHANGE LLC
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Boston
has formal name: BOSTON SECURITY TOKEN EXCHANGE LLC
has website: http://www.bstx.com
is managed by: ServiceProvider-L-2549006WP283X33X4H65

CME AMSTERDAM B.V.
type: NamedIndividual
type: operating-level market
type: regulated exchange
note: REGULATED MARKET.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CME AMSTERDAM B.V.
has website: http://www.nex.com
is managed by: ServiceProvider-L-2138004TYNQCB7MLTG76

BLOOMBERG TRADEBOOK SINGAPORE PTE LTD
type: NamedIndividual
type: operating-level market
type: recognised market operator
operates in country: Singapore
operates in municipality: Singapore
has formal name: BLOOMBERG TRADEBOOK SINGAPORE PTE LTD
has website: http://www.bloomberg.com/professional/solution/tradebook
is managed by: ServiceProvider-L-254900HSS82AHMTPAD95

BROKERTEC AMERICAS LLC - CHICAGO
type: NamedIndividual
type: market segment-level market
type: multilateral trading facility
has facility acronym: BTEC CHICAGO
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BROKERTEC AMERICAS LLC - CHICAGO
is part of: BROKERTEC AMERICAS LLC
has website: http://www.cmegroup.com
is managed by: ServiceProvider-L-213800U91OWU6L9YIT33

BROKERTEC AMERICAS LLC
type: NamedIndividual
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BROKERTEC AMERICAS LLC
has website: http://www.cmegroup.com
is managed by: ServiceProvider-L-213800U91OWU6L9YIT33

BROKERTEC EUROPE LIMITED - ALL MARKETS
type: NamedIndividual
type: operating-level market
has facility acronym: BEM
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BROKERTEC EUROPE LIMITED - ALL MARKETS
has website: http://www.brokertec.com/
is managed by: ServiceProvider-L-2138002GI1GKI3V4UG48

BROKERTEC AMERICAS LLC - RFQ PLATFORM
type: NamedIndividual
type: market segment-level market
has facility acronym: US QUOTE
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BROKERTEC AMERICAS LLC - RFQ PLATFORM
is part of: BROKERTEC AMERICAS LLC
has website: http://www.cmegroup.com
is managed by: ServiceProvider-L-213800U91OWU6L9YIT33

BLOOMBERG TRADING FACILITY B.V.
type: NamedIndividual
type: multilateral trading facility
type: operating-level market
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: BLOOMBERG TRADING FACILITY B.V.
has website: http://www.bloombergtfe.com
is managed by: ServiceProvider-L-254900QBKK4WBSO3GE51

BTL OTC BILAT COMMODITY DERIVATIVES
type: NamedIndividual
type: operating-level market
note: OTC COMMODITY DERIVATIVES DONE BILATERALLY WITH CLIENTS OF THE FIRM. NO ELECTRONIC PLATFORM.
has facility acronym: BTL
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BTL OTC BILAT COMMODITY DERIVATIVES
has website: http://www.bp.com/en/global/trading/
is managed by: ServiceProvider-L-549300MOF13GKBNRVV53

BITNOMIAL
type: NamedIndividual
type: designated contract market
type: operating-level market
note: ELECTRONIC TRADING PLATFORM, DESIGNATED CONTRACT MARKET (DCM).
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: BITNOMIAL
has website: http://www.bitnomial.com
is managed by: ServiceProvider-L-2549002MSOOOIAHT2W65

CME AMSTERDAM B.V. - RFQ TRADING PROTOCOL
type: NamedIndividual
type: market segment-level market
type: regulated exchange
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CME AMSTERDAM B.V. - RFQ TRADING PROTOCOL
is part of: CME AMSTERDAM B.V.
has website: http://www.nex.com
is managed by: ServiceProvider-L-2138004TYNQCB7MLTG76

BROKERTEC EUROPE LIMITED - RFQ TRADING PROTOCOL
type: NamedIndividual
type: market segment-level market
has facility acronym: BEM
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BROKERTEC EUROPE LIMITED - RFQ TRADING PROTOCOL
is part of: BROKERTEC EUROPE LIMITED - ALL MARKETS
has website: http://www.brokertec.com/
is managed by: ServiceProvider-L-2138002GI1GKI3V4UG48

BANCA TRANSILVANIA S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
operates in country: Romania
operates in municipality: Cluj Napoca
has formal name: BANCA TRANSILVANIA S.A.
has website: http://www.bancatransilvania.ro
is managed by: ServiceProvider-L-549300RG3H390KEL8896

BITSTAMP LTD
type: NamedIndividual
type: Facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BITSTAMP LTD
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-48510000WZATNQVLS592

TUNIS STOCK EXCHANGE (BOURSE DE TUNIS) - BONDS MARKET
type: NamedIndividual
type: market segment-level market
type: regulated exchange
has facility acronym: BVMT
operates in country: Tunisia
operates in municipality: Tunis
has formal name: TUNIS STOCK EXCHANGE (BOURSE DE TUNIS) - BONDS MARKET
is part of: Facility-XTUN
has website: http://www.bvmt.com.tn
is managed by: ServiceProvider-L-4117W6IV0WI0EKWA2P81

BITSTAMP UK LTD
type: NamedIndividual
type: Facility
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BITSTAMP UK LTD
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-254900PXQ8JTMEK8BL20

NASDAQ COMMODITIES - BULK COMMODITY
type: NamedIndividual
type: market segment-level market
operates in country: Norway
operates in municipality: Oslo
has formal name: NASDAQ COMMODITIES - BULK COMMODITY
is part of: Facility-NORX
has website: http://www.nasdaqomx.com/commodities/
is managed by: ServiceProvider-L-5493003IZZWOHHJY1L88

BURGUNDY NORDIC MTF
type: NamedIndividual
type: market segment-level market
note: MULTILATERAL TRADING PLATFORM, NORDIC SECURITIES
operates in country: Norway
operates in municipality: Oslo
has formal name: BURGUNDY NORDIC MTF
is part of: Facility-XOSL
has website: http://www.oslobors.no
is managed by: ServiceProvider-BURGUNDYNORDICMTF

BURGUNDY REGULATED MARKET
type: NamedIndividual
type: market segment-level market
note: REGULATED MARKET FOR WARRANTS, CERTIFICATES, STRUCTURED PRODUCTS AND ETFS.
operates in country: Norway
operates in municipality: Oslo
has formal name: BURGUNDY REGULATED MARKET
is part of: Facility-XOSL
has website: http://www.oslobors.no
is managed by: ServiceProvider-BURGUNDYREGULATEDMARKET

BITSTAMP USA, INC.
type: NamedIndividual
type: Facility
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BITSTAMP USA, INC.
has website: http://www.bitstamp.net
is managed by: ServiceProvider-L-254900W0M9N8V5NEXT67

LCH LTD - BUY IN
type: NamedIndividual
type: market segment-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: LCH LTD - BUY IN
is part of: Facility-XLCH
has website: http://www.lch.com
is managed by: ServiceProvider-L-F226TOH6YD6XJB17KS62

CARACAS STOCK EXCHANGE
type: NamedIndividual
type: operating-level market
note: MARKET FOR EQUITIES AND BONDS
has facility acronym: BVCC
operates in country: Venezuela
operates in municipality: Caracas
has formal name: CARACAS STOCK EXCHANGE
has website: http://www.bolsadecaracas.com
is managed by: ServiceProvider-CARACASSTOCKEXCHANGE

B3 S.A. - BRASIL BOLSA BALCAO
type: NamedIndividual
type: operating-level market
note: EQUITIES, SECURITIES, FINANCIAL ASSETS, INDICES, INTEREST RATES, AGRICULTURAL COMMODITIES, AND FOREIGN EXCHANGE FUTURES AND SPOT CONTRACTS.
has facility acronym: B3
operates in country: Brazil
operates in municipality: Sao Paulo
has formal name: B3 S.A. - BRASIL BOLSA BALCAO
has website: http://www.b3.com.br
is managed by: ServiceProvider-L-4GTK5S46E6H318LMDS44

BONDVISION UK
type: NamedIndividual
type: market segment-level market
note: ELECTRONIC TRADING PLATFORM FOR GOVIES AND NON GOVIES
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: BONDVISION UK
is part of: Facility-XMTS
has website: http://www.mtsmarkets.com
is managed by: ServiceProvider-BONDVISIONUK

BOLSA ELECTRONICA DE VALORES DEL URUGUAY
type: NamedIndividual
type: operating-level market
note: REGISTERED ELECTRONIC STOCK EXCHANGE.
operates in country: Uruguay
operates in municipality: Montevideo
has formal name: BOLSA ELECTRONICA DE VALORES DEL URUGUAY
has website: https://web.bevsa.com.uy/bevsaintranet2008/inicio/default.aspx
is managed by: ServiceProvider-BOLSAELECTRONICADEVALORESDELURUGUAY

BONDVISION US
type: NamedIndividual
type: market segment-level market
note: ELECTRONIC TRADING PLATFORM FOR GOVIES AND NON GOVIES
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: BONDVISION US
is part of: Facility-MTUS
has website: http://www.mtsmarkets.com
is managed by: ServiceProvider-L-213800QOW94YDEADDF52

BX DIGITAL
type: NamedIndividual
type: operating-level market
operates in country: Switzerland
operates in municipality: Zurich
has formal name: BX DIGITAL
has website: http://www.bxdigital.ch
is managed by: ServiceProvider-L-529900USK6LOSYRAX830

CBOE BYX U.S. EQUITIES EXCHANGE DARK
type: NamedIndividual
type: dark pool
type: market segment-level market
note: CBOE BYX U.S. EQUITIES EXCHANGE NON-DISPLAYED.
has facility acronym: BYXDARK
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE BYX U.S. EQUITIES EXCHANGE DARK
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

CBOE BZX U.S. EQUITIES EXCHANGE DARK
type: NamedIndividual
type: dark pool
type: market segment-level market
note: CBOE BZX U.S. EQUITIES EXCHANGE NON-DISPLAYED.
has facility acronym: BZXDARK
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE BZX U.S. EQUITIES EXCHANGE DARK
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

CBOE C2 OPTIONS EXCHANGE
type: NamedIndividual
type: market segment-level market
note: C2 OPTIONS EXCHANGE.
has facility acronym: C2OX
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: CBOE C2 OPTIONS EXCHANGE
is part of: Facility-XCBO
has website: http://markets.cboe.com/
is managed by: ServiceProvider-L-529900RLNSGA90UPEH54

CAIXABANK
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
has facility acronym: CABK
operates in country: Spain
operates in municipality: Barcelona
has formal name: CAIXABANK
has website: http://www.caixabank.com
is managed by: ServiceProvider-L-7CUNS533WID6K7DGFI87

CME AMSTERDAM B.V. - APA
type: NamedIndividual
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT.
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CME AMSTERDAM B.V. - APA
has website: http://www.nex.com
is managed by: ServiceProvider-L-2138004TYNQCB7MLTG76

CREDIT SUISSE AES CROSSFINDER
type: NamedIndividual
type: alternative trading system
type: market segment-level market
note: REGISTERED ATS
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CREDIT SUISSE AES CROSSFINDER
is part of: Facility-CRED
has website: http://www.credit-suisse.com
is managed by: ServiceProvider-CREDITSUISSEAESCROSSFINDER

CLSA AMERICAS - LIQUIDITY HUB
type: NamedIndividual
type: operating-level market
note: ADR LIQUIDITY HUB.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CLSA AMERICAS - LIQUIDITY HUB
has website: http://www.clsa.com
is managed by: ServiceProvider-L-213800M2DXATWY7JMS07

CANDEAL.CA INC
type: NamedIndividual
type: operating-level market
note: ELECTRONIC TRADING PLATFORM FOR FIXED INCOME SECURITIES AND DERIVATIVES.
has facility acronym: CANDEAL
operates in country: Canada
operates in municipality: Toronto
has formal name: CANDEAL.CA INC
has website: http://www.candeal.com
is managed by: ServiceProvider-L-549300QSD4O4FEHPDA44

CANNEX FINANCIAL EXCHANGE LTS
type: NamedIndividual
type: operating-level market
has facility acronym: CANNEX
operates in country: Canada
operates in municipality: Toronto
has formal name: CANNEX FINANCIAL EXCHANGE LTS
has website: http://www.cannex.com
is managed by: ServiceProvider-CANNEXFINANCIALEXCHANGELTS

CBOE EUROPE - APA (NL)
type: NamedIndividual
type: off-market facility
type: Facility
note: APPROVED PUBLICATION ARRANGEMENT. OFF EXCHANGE IDENTIFIER FOR OTC TRADES REPORTED TO CBOE EU.
has facility acronym: CBOE EU OFF EXCHANGE
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CBOE EUROPE - APA (NL)
is part of: Facility-CCXE
has website: http://www.cboe.com/europe/equities/
is managed by: ServiceProvider-L-2549007JY1TP7I1IMY80

CAPI - OTF
type: NamedIndividual
type: operating-level market
type: organised trading facility
note: REGISTERED ORGANISED TRADING FACILITY FOR BONDS AND DERIVATIVES (INTEREST RATES AND FX).
has facility acronym: CAPI
operates in country: Spain
operates in municipality: Madrid
has formal name: CAPI - OTF
has website: http://www.capi.es
is managed by: ServiceProvider-L-213800MDEXILA5OUWS43

CREDIT AGRICOLE BANK POLSKA S.A.
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER. CREDIT AGRICOLE BANK POLSKA S.A. IS GOING TO GET THE STATUS OF SI BY 15 SEPTEMBER 2020.
operates in country: Poland
operates in municipality: Wroclaw
has formal name: CREDIT AGRICOLE BANK POLSKA S.A.
has website: http://www.credit-agricole.pl
is managed by: ServiceProvider-L-259400HDEOLMZRULAI41

CARNEGIE INVESTMENT BANK AB
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Sweden
operates in municipality: Stockholm
has formal name: CARNEGIE INVESTMENT BANK AB
has website: http://www.carnegie.se
is managed by: ServiceProvider-L-529900BR5NZNQZEVQ417

FORECASTEX, LLC
type: NamedIndividual
type: designated contract market
type: operating-level market
operates in country: UnitedStatesOfAmerica
operates in municipality: Chicago
has formal name: FORECASTEX, LLC
has website: http://www.4castex.com
is managed by: ServiceProvider-L-2549001HQ7OKKPL03I86

CATS
type: NamedIndividual
type: operating-level market
note: ELECTRONIC TRADING PLATFORM FOR STRUCTURED PRODUCTS. THE OWNER OF CATS HAS CHANGED FROM CITIGROUP TO BOERSE STUTTGART.
has facility acronym: CATS
operates in country: Germany
operates in municipality: Frankfurt
has formal name: CATS
has website: http://www.bs-cats.com
is managed by: ServiceProvider-L-529900TW3YXY9C6T1G09

CAVENDISH MARKETS B.V.
type: NamedIndividual
type: operating-level market
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: CAVENDISH MARKETS B.V.
has website: http://www.cavendishmarkets.com
is managed by: ServiceProvider-L-724500F90910RKNAJA14

CAVEAT EMPTOR
type: NamedIndividual
type: market segment-level market
note: CORPORATE ACTIONS CAVEAT EMPTOR.
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CAVEAT EMPTOR
is part of: Facility-OTCM
has website: http://www.otcmarkets.com
is managed by: ServiceProvider-L-549300DZ6U3C3ZS9RW48

THE CAZENOVE MTF
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: THE CAZENOVE MTF
has website: http://www.jpmorgancazenove.com
is managed by: ServiceProvider-L-VU0BHW8GU0LCDVDEVZ11

COMMONWEALTH BANK OF AUSTRALIA (EUROPE) N.V.
type: NamedIndividual
type: operating-level market
operates in country: Netherlands
operates in municipality: Amsterdam
has formal name: COMMONWEALTH BANK OF AUSTRALIA (EUROPE) N.V.
has website: http://www.commbank.com.au
is managed by: ServiceProvider-L-724500AAT1DK36059L16

COMMONWEALTH BANK OF AUSTRALIA - LONDON BRANCH
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER FOR BONDS.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: COMMONWEALTH BANK OF AUSTRALIA - LONDON BRANCH
has website: http://www.commbank.com.au/about-us/our-company/international-branches/europe.html
is managed by: ServiceProvider-L-MSFSBD3QN1GSN7Q6C537

COMMERZBANK AG
type: NamedIndividual
type: operating-level market
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK COMMODITY DERIVATIVES
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER. THIS MIC WILL BE USED FOR TRANSACTIONS IN COMMODITY DERIVATIVES EXECUTED AS SI UNDER MIFID 2 REGIME.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK COMMODITY DERIVATIVES
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK EQUITY DERIVATIVES
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK EQUITY DERIVATIVES
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK EQUITY
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK EQUITY
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK COMMANDER
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER - TRANSACTIONS EXECUTED ON THE COMMANDER PLATFORM OF COMMERZBANK.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK COMMANDER
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK FIXED INCOME
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK FIXED INCOME
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

COMMERZBANK INTEREST RATE SWAPS
type: NamedIndividual
type: market segment-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: Germany
operates in municipality: Frankfurt
has formal name: COMMERZBANK INTEREST RATE SWAPS
is part of: COMMERZBANK AG
has website: http://www.commerzbank.com
is managed by: ServiceProvider-L-851WYGNLUQLFZBSYGB56

CITIBLOC
type: NamedIndividual
type: alternative trading system
type: market segment-level market
note: CITIBLOC IS AN ATS UNDER THE OPERATING MIC CGMI
has facility acronym: CBLC
operates in country: UnitedStatesOfAmerica
operates in municipality: New York
has formal name: CITIBLOC
is part of: Facility-CGMI
has website: http://www.citibank.com/mss/products/equities/e_trading/liquidity.html
is managed by: ServiceProvider-L-MBNUM2BPBDO7JBLYG310

CREDITEX BROKERAGE LLP
type: NamedIndividual
type: operating-level market
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CREDITEX BROKERAGE LLP
has website: http://www.ice.com/service/creditex
is managed by: ServiceProvider-L-ONQ59JN8QUELL00VMM35

CBM SARB
type: NamedIndividual
type: operating-level market
operates in country: SouthAfrica
operates in municipality: Polokwane
has formal name: CBM SARB
has website: https://www.mcbsresbank.com
is managed by: ServiceProvider-L-213800AB3875YAOXX245

CITIBANK N.A. LONDON
type: NamedIndividual
type: operating-level market
type: systematic internaliser
note: SYSTEMATIC INTERNALISER.
operates in country: UnitedKingdomOfGreatBritainAndNorthernIreland
operates in municipality: London
has formal name: CITIBANK N.A. LONDON
has website: http://www.citigroup.com/citi
is managed by: ServiceProvider-L-E57ODZWZ7FF32TWEFA76

CBOE FX NDFS
type: NamedIndividual
type: operating-level market
operates in country: Switzerland
operates in municipality: Zurich
has formal name: CBOE FX NDFS
has website: https://fx.cboe.com/
is managed by: ServiceProvider-L-549300W50LFJXVTMT774