Time Saver & Helpful Hint
Last month we explained, in detail, the different types of security identifiers we accept including: CINS, CUSIP, ISIN, and SEDOL. This month, we want to explore ticker symbols in more depth.
This week's Time Saver / Helpful Hint topic is:
"Ticker Symbols (Part 1)"
Thomas Edison is noted in history for his many inventions, including the light bulb. But many people are unaware that he is credited for inventing the
ticker tape machine that was used to broadcast the price of stocks in the early part of the 20th century. Because it was too tedious to list the entire name of each company with the price, the company's name was shortened to a short abbreviation - a ticker symbol. Today, the price of stocks and other securities are still listed in this fashion. But the rules pertaining to creation of ticker symbols have changed in recent years, and many companies have elected to use their symbols as marketing tools.
Last week's Time Saver / Helpful Hint topic was:
"
What is a SEDOL number?"
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