Securities that trade in the stock market are classified by a unique identification number which is known as a CUSIP number. CUSIP stands for Committee on Uniform Securities Identification Procedures. The CUSIP numbers issued are assigned to different classes of securities, stocks, or bonds registered in the US or Canada.
Companies who wish to trade in the stock market must first need to obtain a CUSIP number by completing the application at CUSIP Global Services. Legacy Stock is glad to assist you with your application and other CUSIP-related services.
As experts in the field, we are knowledgeable on the process and requirements you will have to prepare to expedite a smooth application. All you need to do is provide us with the requirements and then, we’ll take it from there. Let’s get your business running! Contact us for your CUSIP number applications.
CUSIP is not just a random combination of numbers. Investors who are looking for a stock or bond can do a CUSIP number lookup. The CUSIP Number is a unique identifier for an instrument or security. Each number consists of nine alphanumeric characters which are classified in 3 different ways.
The first six characters define the issuer identity, whether it’s a corporation, municipality, or government entity.
The 7th and 8th characters represent the financial instrument, whether it’s equity or debt.
The last CUSIP character serves as a verification method for the preceding 8 characters.
When applying for a CUSIP Number, one of the following documents must be attached in the application:
Board Resolution
Certificate of Amendment
Court Order
Plan of Merger or Reorganization
Proxy Statement
Prospectus
Registration Statement
As an issuer, you may need to obtain or modify your CUSIP number when one of the following events occur:
Stock split
Name change
New class of securities is offered
Spin-off of an existing subsidiary
For assistance, get in touch with Legacy Stock Transfer.