WHAT WE DO
Depository Services
ISIN Issuance
CSCS as Nigeria’s National Numbering Agency (NNA), issues International Securities Identification Numbers (ISINs) for all securities admitted into the Nigerian capital market. ISINs provide a standardized global identifier for financial instruments, enabling efficient trading, reporting, and settlement across domestic and international markets. This service enhances cross-border compatibility and ensures the integrity and traceability of securities data.
Key Features
- Global ISO-compliant identification of securities
- Eliminates ambiguity in instrument classification
- Facilitates cross-border trading and settlement
- Improves operational efficiency and reduces transaction errors
- Mandatory requirement for listing, trading, and custodianship
- Enhances transparency and regulatory reporting
Symbol Code Issuance
Our symbol Code Issuance service provides the secure creation of unique identifiers for securities traded on exchanges we serve. These codes power seamless trading, settlement, reporting and digital record keeping. By replacing manual certificate -based processes with standardized digital symbol codes, CSCS ensures faster operations, reduces errors and strenghtens the reliabilty of post trade activities.
Key Features
Enables accurate identification of securities across platforms
Eliminates risks associated with physical certificates
Ensures alignment with market and regulatory frameworks
Supports automated trading and real-time settlement
Symbol Modification
This service involves the amendment of existing symbol codes to reflect changes such as corporate actions, rebranding, or restructuring.
This service ensures that trading and settlement systems remain synchronized with current instrument details, preventing discrepancies in market data and ensuring uninterrupted processing of transactions, settlements, and corporate actions.
Key Features
Maintains consistency of market data
Ensures seamless transition during corporate restructuring
Minimizes operational disruptions
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