Nyse Ticker

Action symbols are used to identify the individual actions of three to five letter codes. These letters are generally alphabets. Many novice investors do not know that many secrets are hidden in these symbols. Simply looking at these symbols, you can know the business, the nationality or country relative, he is, where it is traded as the NYSE, NASDAQ, AMEX and others and most importantly the financial health of the company.

In the past, each exchange in the United States has its own symbols of action. It would confuse investors and traders a lot. The standard symbols have been introduced by Standard & Poor's as a way to remove this confusion by referring to stocks. Hey, it's the same Standard & Poor's maintains the S & P 500 Stock Index, considered a barometer of the U.S. economy.

Now, when we see MSFT on CNBC or Bloomberg TV that matter, we immediately recognize Microsoft. Similarly, when we meet GOOG, we immediately recognize Internet giant Google!

In 2007, changes things again with a new decision by the SEC. Previously, the length of the stock ticker symbol would say where he was traded. For example, NYSE or AMEX stock had three letter symbol system. NASDAQ had four to five letter stock symbol system.

Whether this decision was the SEC has allowed companies to change the exchange where it was traded stocks while keeping the old symbol. Now you can find the Exchange also listed with the stock ticker symbol. For example, you will often see them as symbols ticker NASDAQ: MSFT . This symbol indicates that the stocks of Microsoft traded on NASDAQ.

Sometimes you come across symbols of action which has five letters. Why is it done?

This is to alert investors and traders that the company has not filed reports with the SEC. This is an important message about the market that the company is facing problems and is unable to compile with the mandatory filing of financial reports with the SEC. Once this message is in the market, you can imagine what can happen. It is clear that stock prices will plunge. So, not filing a timely report with the SEC is like financial suicide.

Penny stocks that trade on the pink sheets or OTCBB (Over the Counter Bulletin Board) also add a fifth letter code for the symbol where appropriate. NYSE did not add an extra letter to his three letter stock symbol. What does NYSE is to use code points behind after the ordinary symbol.