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Stock market ticker
is a word used to describe the symbols that are abbreviations of a particular
company. Stock symbols usually consist of letters alone but they may also
include numbers. Stock market tickers are used to identify different companies
and distinguish one from another. They are the letters that you would generally
see on the main board at the stock market. Stock market tickers for a
particular company also vary from the type of stock exchange where they are
being traded. For example, the ticker symbol for the Vodafone Group PLC is
‘VOD’.
Apart from stock
market tickers, which are generally on the fore, there are other ways of
identifying stocks that generally go just beyond letters in order to ensure
more security. The international securities identifying number is one such code
that identifies different stocks and bonds etc. This code is a 12 digit
alphanumeric code that is used for the purpose of identifying different stocks.
Some popular stock market tickers of
popular companies are AAPL (Apple Inc.), BAC (Bank of America) and GOOG
(Google). Current NASDAQ rules instruct companies to retain a three-letter
symbol as their stock market ticker
and not one or two letter symbols.
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