ISITC North America Market Practice documents are the result of ISITC Working Group efforts to analyze, identify, and document recommended best practices for securities processing within the financial services industry. Any questions about these documents should be directed to the co-chairs of the working group that has produced the document.
DISCLAIMER - The Market Practice Documents developed by the International Securities Association for Institutional Trade Communication (ISITC) are statements of professional practices recommended by ISITC. Institutions providing the information recommended in these documents will benefit from the efficiencies inherent in a more automated transaction process. Although all institutions are encouraged to act consistently with these practices, none are required to do so, and a failure to do so is not, in and of itself, evidence of negligent or inappropriate conduct.