Ticker symbol

 

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Ticker symbol

A three or four letter abbreviation used to identify a US security whether on the floor, a TV screen, or a newspaper page. They were originally developed in the 1800s by telegraph operators to save bandwidth. One-letter symbols were therefore assigned to the most active stocks. Railroads were the dominant issues at the time, so they retain a majority of the one-letter designations. Ticker symbols today are assigned on a first-come, first-served basis. Each marketplace - the NYSE the American Stock Exchange, and others - allocates symbols for companies within its purview, working closely to avoid duplication. A symbol used for one company cannot be used for any other, even in a different marketplace.

Ticker symbol

An abbreviation assigned to a security for trading purposes.



Ticker symbol

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A telegraphic system that continuously provides the last sale prices and volume of securities transactions on exchanges. Information is either printed or displayed on a moving tape after each trade.


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A letter designation assigned to securities and mutual funds that trade on US financial exchanges.


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The machine which displays stock symbols, prices and volumes and transmits world wide.


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Computerized device that relays to investors around the world the stock symbol and the latest price and volume on securities as they are traded.




 
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