Sao Paulo RICs which should have no mic but do

duncan.sands
duncan.sands
in Open PermID

In Sao Paulo (exchange code: SAO), RICs starting with "1" are for after-market trading, while RICs ending in S and T are for the forward and odd-lot markets. Of the more than 4000 Sao Paolo RICs of these special kinds, all but 12 have no value for the "mic" field. The 12 which have a value for the mic field are:

1-21474930900 | 1FRTA3.SA
1-21565072205 | 1WIZS3.SA
1-21648121339 | BIDI4S.SA
1-21475825512 | BMEB3T.SA
1-21630115108 | BRDT3S.SA
1-21630113765 | BRDT3T.SA
1-21701424136 | NEOE3S.SA
1-21701423851 | NEOE3T.SA
1-21627534478 | PRNR3S.SA
1-21627534480 | PRNR3T.SA
1-21626338347 | SUZB3S.SA
1-21626338380 | SUZB3T.SA

I think these 12 should also have no mic value. Is it a mistake in the data?

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Best Answer

  • veerapath.rungruengrayubkul
    veerapath.rungruengrayubkul
    Answer ✓

    Hi @duncan.sands,

    Sorry for delay. I have received the following confirmation from Product support team.

    As per the Data specialists team for this content, there is no data issue here. At source, the RICs have associated MIC and hence the same is available on the product.

Answers

  • duncan.sands
    duncan.sands

    Given that 99.7% of such SAO symbols have no mic, I think it has to be a mistake. Based on your team's response, I guess this means that the exchange made the mistake, not your team. While you could take it up with the exchange that seems like going a bit far!

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