DSB invites ISIN road map applications
19 September 2018 London
Image: Shutterstock
The Derivatives Service Bureau (DSB) has announced its plans for broader industry representation within its product committee by inviting applications to participate.
From 8 January next year, representation will include two new categories: custodians and data vendors.
This will expand on the existing buy-side, sell-side and trading venues and increase the number of voting members from nine to 15, according to the DSB.
The DSB said participation is open to trade associations as non-voting members, ensuring a balanced representation of asset class knowledge and geographical representation. It added that this latest announcement reflects increasing industry participation in the DSB, and calls from within the industry to be involved in developing the DSB ISINs Road Map.
The DSB also said that, from 2019, product committee discussion will move from developing ISIN products and defining product templates to solving additional OTC Derivative ISIN use cases and examining the introduction of hierarchies, as well as discussions on what to prioritise.
The DSB said it values representation on a fair and equitable basis within the ISIN user community, and so will be allocating voting participation with three representatives from each sector.
It is now inviting applications to participate with a deadline of 2 November for submissions. new product committee details will be announced on 4 December.
From 8 January next year, representation will include two new categories: custodians and data vendors.
This will expand on the existing buy-side, sell-side and trading venues and increase the number of voting members from nine to 15, according to the DSB.
The DSB said participation is open to trade associations as non-voting members, ensuring a balanced representation of asset class knowledge and geographical representation. It added that this latest announcement reflects increasing industry participation in the DSB, and calls from within the industry to be involved in developing the DSB ISINs Road Map.
The DSB also said that, from 2019, product committee discussion will move from developing ISIN products and defining product templates to solving additional OTC Derivative ISIN use cases and examining the introduction of hierarchies, as well as discussions on what to prioritise.
The DSB said it values representation on a fair and equitable basis within the ISIN user community, and so will be allocating voting participation with three representatives from each sector.
It is now inviting applications to participate with a deadline of 2 November for submissions. new product committee details will be announced on 4 December.
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