Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

0

No products in the cart.

Konstantin Boykachev

CEO Proforexea LLC

Honest Coder

Professional Trader

Blog Post

What are Tickers of Stocks or Commodities on the Exchange in Examples

[ad_1]

Exchanges daily supply to the financial market a huge amount of information about the course of trading, actions of issuers and investors, changes in the law. To give the data a convenient and compact look, the exchange uses special conditional designations for specific assets – Tickers.

Below we will try to understand what is a ticker of shares of futures, oil, bonds … how its formation takes place for various assets, as well as consider the most famous tickers of stocks, bonds, currencies and derivatives of financial instruments.

What is a ticker on the stock exchange in simple words

Ticker is the short name of an asset on the stock exchange.

Securities on the stock exchange usually consist of a small number of symbols. In most cases, they are between 1 and 6 characters, which, in most cases, include the letters of the Latin alphabet, sometimes numbers.

Ticker in simple words is a multi-character, unique designation of a stocking tool.

Ticker is a kind of barcode on the stock exchange.

For the exchange, the ticker is a unique identifier, allowing you to unmistakably determine what kind of tool you are talking about.

  • After all, if you want to buy shares, you need to know which – ordinary or privileged. For example, Google has three types of shares – the class A, B And C.
  • If you want to buy oil futures, the ticker will be a unique name for a specific oil and futures, such as the Brent grade with the expiration date in the next month – BR1!.

The name of the company can be long and even change, the ticker on the stock exchange is a kind of company code that does not change briefly recorded. For example, Berkshire Hathaway’s ticker is simply written Brk. A – for Class A shares and Brk. B Or an example of when the name of Norilsk Nickel changed to Nornickel, and the ticker on the stock exchange remained the same – GMKN.

In addition, tickers are used when working with trading terminals to save the space of the work area, as well as when publishing various analytics to present the information in the most visual and concise way.

Typically, tickers are abbreviations or similar to the names of companies combining symbols. A prime example is Amazon, whose shares have a ticker AMZN.

However, it often happens that the ticker on the stock exchange is formed not on the basis of the name of the company, but, for example, its most famous brand, object of activity or other combinations that cause the user to associate with the organization. For example, shares of a brewing company Anheuser-Busch wear a ticker Bud, in honor of their most famous beer brand.

Often exchanges use digital or letter-digital designations as tickers. A striking example of this practice is the Tokyo Stock Exchange and other Asian trading platforms, where figures are used as tickers. For example, shares Hitachi Inc. on TSE have a ticker 6501.

Many stocks have the same tickers on different exchanges, for example, Apple shares are traded on the NASDA’s with a ticker AAPL and with the same ticker on the Frankfurt Stock Exchange, Mexican, Argentinian.

However, often there are different designations for the same asset on two different trading platforms, for example, the same Apple shares on the Milan Stock Exchange have a ticker AAPLE.

Examples of stock tickers on exchanges

Consider the most common designations of different assets.

  • Apple — AAPL;
  • Google – GOOG;
  • Facebook – FB;
  • Cisco Systems — CSCO;
  • Intel Corporation – INTC;
  • Deutsche Bank — DBK;
  • Barclays — BARC;
  • British Petroleum – BP;
  • Coca Cola Company – KO;
  • Amazon.com – AMZN;
  • Microsoft – MSFT;
  • Sberbank russia – SBER;
  • Bank of America – BAC;
  • JPMorgan Chase – JPM;
  • McDonalds – MCD;
  • Twitter – TWTR;
  • Walt Disney – DIS;
  • Daimler AG – DAIGn;
  • Gazprom – GAZP;
  • Rosneft – ROSN;
  • Renault — RENA;
  • Toyota Motor — TM;
  • AVAJ – shares of Avtovaz;
  • HYDR – RusHydro;
  • KMAJ is a Kamaz ticker;
  • LKOH is a ticker of Lukoil shares;
  • MFON – shares of Megafon;
  • MGNT – Magnet shares;
  • MVID – M.Video shares;
  • MTLR – Mechel;
  • ROSN – Rosneft;
  • URKA – Uralkali;
  • VTBR shares of VTB Bank.

Examples of stock index tickers

Indices based on the prices of various securities also have their own individual designations. Below, let’s look at the tickers of indices presented on the Moscow and other key exchanges of the world.

  • IMOEX – Moscow Exchange Index;
  • RTSI – RTS index;
  • MOEXBC – Blue Chip Index of the Moscow Exchange;
  • SPX is an index of the S’amp;P500;
  • DJI – Dow Jones Industrial Average;
  • GDAXI – DAX index;
  • FTSE – FTSE 100 index;
  • The NDX is the Nasdaq 100 index.

How the tickers appeared

For experienced traders it is not a secret what tickers on the stock exchange are, but not everyone knows how and when they appeared.

Originally name Ticker comes from a specialized device created Thomas Edison in 1869, called ticker and used by exchanges to transmit urgent information.

Thanks to this device in the United States and appeared directly the first tickers – they were used to reduce information when transmitting through a ticker machine, in fact, which was a telegraph, back in the 19th century.

It was long and inconvenient to send urgent messages, gaining full names of financial instruments, and abbreviations began to enter into use, which later became tickers on the main exchanges.

At that time, the designations, consisting of one letter, received the securities of the organizations with which the largest number of transactions were made. But at that moment they were, for the most part, railway companies. Over time, tickers on different exchanges changed, and single-letter designations moved to more liquid securities.

Curious fact: the ticker machine took the information through wires and printed it on a narrow paper tape, from which it was possible to learn operational stock reports. It is this phenomenon that owes its origin to the expression “read the tape” known among traders, which means viewing of current stock quotes.

Bond tickers

Not all bonds can be fully detected ticker. For example, on the Moscow Exchange instead of a bond ticker is a twelve-digit securities code and an abbreviated name. This is due to the fact that many issuers issue many bond issues, each of which is listed as a separate type of securities.

Some issues finish the case, new ones appear, and they have to assign long designations with the issuer’s name and distinctive release data.

However, some other exchanges, such as the NASDA’s, assign tickers to quoted bonds. Next, consider a list of debt defaults of the largest issuers.

  • TNX – 10-year U.S. Treasury bonds;
  • IRX – U.S. Treasury bills for 13 weeks;
  • TYV is a 30-year U.S. Treasury bond ticker;
  • FVX – five-year U.S. Treasury bonds;
  • OFF 26209 – Federal loan bonds of the Russian Federation (with the issue code);
  • RSCB 8 – bonds of Rosselkhozbank of the eighth issue.

Examples of currency tickers on exchanges and banks

Purely technically, currencies do not have tickers – their designations are called currency codes. In fact, however, these concepts are almost identical, except that currency codes tend to be more common on a global scale than stock tickers.

In other words, the probability that the currency will have the same code on two different exchanges is much higher than the fact that the stock will have the same ticker. Below is a list of the codes of the most popular currencies.

  • AUD – Australian dollar;
  • BGN – Bulgarian lion;
  • BRL – Brazilian real;
  • CAD – Canadian dollar;
  • CHF – Swiss franc;
  • SNY – Chinese yuan;
  • CK – Czech krona;
  • EUR – euro;
  • GBP – pound sterling;
  • HKD – Hong Kong dollar;
  • JPY – Japanese yen;
  • N’D – New zealand dollar;
  • RUB – Russian ruble;
  • TRY – Turkish lIra;
  • USD is a well-known ticker of the US dollar.

In addition to the above, there are codes for many other currencies (all other existing), but when trading on the stock exchange, they are much less common.

Tickers futures

Futures tickers are not technically tickers, but short codes, which encrypt information about the parameters of the contract under the following scheme:

  • The first two Latin symbols mean the underlying asset of the futures,
  • The third symbol is the letter designation of the month of expiration,
  • And the fourth is the last figure of the year the contract expires.

Since the beginning of the futures code usually overlaps partially with the ticker of its underlying asset, even without knowing what the code is presented to the trader, you can determine the parameters of the futures.

For example, a gold ticker Goldand the gold futures code with an expiration date in March 2019 – GDH9.

The Brent oil ticker consists of two letters – BR, so in the interpretation of the content of the code BRH9 difficulties should arise all the more.

Months on the Moscow Exchange are marked with the following letters
No Letter Month
1 F January
2 G February
3 H March
4 J April
5 K May
6 M June
7 N July
8 Q August
9 U September
10 V October
11 C November
12 Z December

Next, let’s present the codes of various futures contracts. For the convenience of interpretation, all futures will be taken coming, that is, with an expiration date in March 2019.

  • MXH9 – Futures on the MosBirgi Index;
  • RIH9 – RTS index futures;
  • Gazprom’s stock futures;
  • SBH9 – Sberbank stock futures;
  • VBH9 – VTB stock futures;
  • MPH9 – MosPrime bid futures;
  • EDH9 – euro futures – US dollar;
  • SiH9 – futures for the US dollar – Russian ruble;
  • BRH9 – Brent crude futures;
  • PTH9 – platinum futures;
  • CUH9 is a copper futures.

In addition to the short, futures also have a full name, in which the code of the underlying asset is prescribed, in most cases, four letters, the month is marked by a figure, and the year is not one, but the last two figures.

Instead of withdrawing

Invented in the 19th century, tickers are still actively used to effectively transmit exchange-traded information.

The concept of ticker has long been collective and included not only the tickers themselves, but also the codes of many tools, which now in the financial community are also often called tickers.

Useful articles:

As a rule, companies choose the designation for their papers, trying to do it in a way that is well remembered, and it is intuitive.

It is impossible to learn all the tickers, especially considering that on different exchanges they do not always coincide, but, having understood the principle of their construction, you can easily decipher most of them.

[ad_2]

Taggs:
Write a comment