RIC code understanding/identificaiton
Hi i am new to RIC and need some understanding on the RIC codes for India exchanges (NS/BO). Many scripts have their RIC ending with f.NS, ol.NS, ss.NS and more.
it will be really helpful if someone could point me to a location where i could get an understanding of these codes.
Best Answer
-
“RIC” is used to describe the unique codes used by Thomson Reuters to identify a piece of data. The composition of a RIC is dependent on the type of instrument.
- Instrument code : Can be based on the exchange ticker code, ISIN or local code, currency code, and so on
- Period or time interval : Can be an expiry month code for example
- Delimiter : Usually a full stop used to separate the instrument code from the exchange code or a = sign for money securities.
- Source code : Usually a single or double alpha-character capital unique to an exchange
An equity RIC has several components: the Equity RIC root is in upper case, brokerage characters in lower case (if
applicable), and finally an exchange identifier.Therefore, .NS is a National Stock Exchange. f, ol, and ss are brokerage characters. The brokerage characters for Indian Stock Exchange include:
f indicates an INTER-FII or institutional trade, as mentioned in this FAQ. For more information about the structure of RIC, please refer to this document.
If you have any further questions, feel free to contact the content support team directly for prompt response at Get Support.
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