Thursday, January 6, 2011

Sicovam

A Sicovam, or Societe Interprofessionnelle pour la Compensation des Valeurs Mobilieres, was a securities identification system used in France, the system was established and is maintained by the trade body for French brokers. Societe Interprofessionnelle pour la Compensation des Valeurs Mobilieres is also the name of the company that assigns the codes to French securities. These days SICOVAMs are no longer used, instead the more widely used ISIN system is used.

Synonyms: Societe Interprofessionnelle pour la Compensation des Valeurs Mobilieres

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