On April 22nd, 2019, Albanian Securities Exchange was provided with Market Identifier Code (MIC). MIC is a unique code, part of a standardized and internationally accepted system which is used to identify the stock exchanges, regulated and unregulated markets. MIC code is made of four characters which are defined in the certification standards ISO 10383 of the International Organization for Standardization (ISO)
MIC code is used to process and clear transactions using straight through processing (STP) approach. Straight through processing approach helps improving the speed of processing transactions.
MIC code defined for ALSE is: XALS
For more information regarding the updated list of international MIC codes click here