ISO 10383
is the
ISO
standard that "specifies a universal method of identifying exchanges, trading platforms and regulated or non-regulated markets as sources of prices and related information in order to facilitate automated processing". The
FIX Protocol
uses MICs to denote values of the "Fix Exchange" data type. Markets of various asset classes, including equities, options and futures apply for MICs through the ISO.
MICs are updated frequently and the latest published list is available at
the maintenance organization of ISO 10383
in various formats:
Excel
,
CSV
,
XML
and
PDF
. These also include Modified and Deactivated MICs, as well as change lists since the last published update.
Exchange (operating MIC) vs Market (MIC)
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MICs are allocated at two levels:
- Exchange (operating MIC).
- Market (MIC), where the exchange's operating MIC is also used as MIC of its main market or "all" markets. E.g. NASDAQ markets have these MICs:
- XNAS
: NASDAQ - All Markets
- XNCM
: NASDAQ Capital Market
- XNDQ
: NASDAQ Options Market
- XNFI
: NASDAQ Fixed Income Trading
- XNGS
: NASDAQ/NGS (Global Select Market)
- XNIM
: NASDAQ Intermarket
ISO 10383
[3]
specifies all MICs and is updated regularly.
MIC also standardizes codes for categories of markets or facilities, as follows:
There are also additional codes NSPD (Not Specified) and OTHR (Other), which together constitute about 54% of all codes.