The valoren number is a code which identifies listed securities and financial instruments in Switzerland, and serves a similar purpose to CUSIP or WKN in the North American or German markets respectively. The valoren number is incorporated in the Swiss ISIN number.
The valoren number is a numeric code that intrinsically has no meaning. When a new number is needed, the next one from the list is simply allocated. An instrument's number indicates nothing about the instrument itself.
The valoren number can be used for a number of purposes in identifying a financial instrument:
The word Valor is a Swiss German banking term for a "security", including coins and paper money. In Switzerland, when referring to the code, it is always referred to as the Valorennummer, i.e. security number. [3] The plural of Valor in Swiss German is Valoren.
In the English speaking world, the words "valor" and "valoren" are sometimes used interchangeably. [4]
The valoren number is issued by SIX Financial Information.