Reuters Instrument Code

The Reuters Instrument Code (RIC ) is a sign used by the provider of financial information, Reuters identification system that was developed in the late 1980s.

History

The identification system was developed by the former manager Herbie Skeete Reuters, who wanted to build a logical and structured system for unique naming and classification.

In the course of adapting to the new legal requirements of MiFID in 2007 a ​​large number of identifcation name ( about 4,000 ) has been renamed.