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Dummy CUSIP - a dummy CUSIP is a number issued to a stock by the company before an official number is assigned. A CUSIP which is short for Committee on Uniform Securities, and Identification Procedures. Contains nine numbers that are unique from any other number, which identifies each and every single security. A dummy CUSIP is a set of numbers assigned to a stock prior to it being legally registered to be traded. The company assigns a dummy CUSIP for identification reasons temporarily, before the official number is registered. This is only for internal reasons by the company and not for public use.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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