Symbol field (55)

Imported from previous forum

I cannot understand what "Ticker symbol" means.
Is it the Ric code, or the Exchange code or anything else?
Is there anybody who can help me?
Thanks
Bye
Max

[ original email was from Shalom Reich - shalom.reich@neonsoft.com ]
> I cannot understand what "Ticker symbol" means.
> Is it the Ric code, or the Exchange code or anything else?
> Is there anybody who can help me?
> Thanks
> Bye
> Max
>

Ticker symbol is the security ID used when the exchange reports a trade. For example: IBM.

In the US the price reporting mechanism is called a ticker because of the machine that was used to print out the trade reports was called a ticker. I think the name originated in the 1920s :slight_smile: