marketid

MarketID is a unique identifier assigned to a specific market or trading venue. It serves as a standardized code used to distinguish one market from another within a broader financial ecosystem. MarketIDs are crucial for various purposes, including regulatory compliance, data aggregation, and market analysis. They enable financial institutions, traders, and analysts to accurately reference and compare data across different markets. MarketID is often used in conjunction with other identifiers, such as ISINs (International Securities Identification Numbers) and CUSIPs (Committee on Uniform Securities Identification Procedures), to provide a comprehensive view of securities and their trading activity. The assignment and management of MarketIDs are typically overseen by regulatory bodies or industry standards organizations to ensure consistency and accuracy.