International Security Market Association (ISMA)

Definition

A self regulatory trade association and organization that was originally in Zurich, Switzerland. This organization encourages compliant and systematic trading in the international securities market and it also promotes the development of the Euromarkets. It is acknowledged as a designated investment exchange by the Financial Services Authority, the entity that regulates the financial services industry in the United Kingdom.
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International Securities Market Association (ISMA) International Standard Industrial Classification