Isin database users oppose further fee increase

Derivatives Service Bureau may hike fees for top users to cover cost of proposed additional services

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The derivatives industry is up in arms over a potential increase in fees its participants pay to create and search for international instrument identifiers, after the charges were already hiked by almost three-quarters for top users in January.

The Derivatives Service Bureau – the authority running the database of International Securities Identification Numbers (Isins) for over-the-counter derivatives – said in May it might increase the fees for its top users next year, to cover additional co

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