Valoren Number

A Valoren number is a unique identifier for a security that is assigned by the National Securities Clearing Corporation (NSCC). The Valoren number is used to track the ownership of securities and to facilitate the settlement of trades.

The Valoren number is a 12-digit number that is assigned to each security when it is first issued. The first six digits of the Valoren number identify the issuer of the security, the next four digits identify the type of security, and the last two digits are a check digit.

The Valoren number is used by the NSCC to track the ownership of securities and to facilitate the settlement of trades. When a trade is executed, the NSCC updates the ownership records of the securities involved in the trade. The NSCC also uses the Valoren number to match up buy and sell orders and to ensure that the correct securities are delivered to the buyers and sellers.

The Valoren number is an important part of the securities settlement process. It helps to ensure that trades are executed and settled correctly and that the ownership of securities is tracked accurately.