| Stock Exchange Symbols - Secrets About Stock Symbols - 2 |
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The Reason For Longer Tickers Many stock exchange symbols have one to four letters. However, you do see a few with five letters. Why exactly is this? The fifth letter represents something about they're company. It gives you a little bit of insider information. Even though with many stocks now a days you cant tell which market they trade on, with five letter stocks, you can. If there is a period before the last letter (or the last two letters), it is on the NYSE and if there is no period, it is on the NASDAQ. You can also see four letter stock symbols with a dot near the end. The preceding letter still means the same thing. So, what exactly does the extra symbol stand for? As you may have guessed, there are many different things it could stand for. For example, "X" stands for "Mutual Fund", "F" stands for "Foreign", and "E" stands for "Delinquent With The Sec". Ezra Salken is the editor of http://www.successful-stock-trading.com/, the successful stock trading guide. For the top 7 things you should know before you start stock trading, check out http://www.successful-stock-trading.com/stock-market-for-beginners.html - Copyright: you may freely republish this article, provided the text, author credit, the active links and this copyright notice remain intact. Article Source: http://EzineArticles.com/?expert=Ezra_Salken |