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: The system identifies over 9 million unique financial instruments , including corporate equities, municipal bonds, and government debt. Structure of a 9-Digit CUSIP

CUSIP (pronounced "Q-sip") stands for the . It is a system of unique nine-character alphanumeric identifiers used to track and facilitate the clearing and settlement of financial instruments in the U.S. and Canada. Core Purpose and Utility : The system identifies over 9 million unique

A standard CUSIP is broken down into three distinct segments: including corporate equities

: It was established in 1964 to solve the "paper crunch" on Wall Street by standardizing how securities are recorded and tracked in computerized systems. : The system identifies over 9 million unique

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