What is ‘Hard-Coded Stock’
This is a term that refers to a company’s stock symbol or ticker symbol. Every security listed anywhere on the globe has a unique symbol for the security. Knowing the symbol allows investors to check the price of the security.
Explaining ‘Hard-Coded Stock’
In the U.S., on the New York Stock Exchange, stocks can have symbols with one, two or three letters in the symbol. Nasdaq-listed stocks have stock symbols with four or five letters.
Further Reading
- Gender differences in predispositions towards economics – link.springer.com [PDF]
- Initial coin offerings: Financing growth with cryptocurrency token sales – academic.oup.com [PDF]
- Corporate governance and blockchains – academic.oup.com [PDF]
- Digital currencies, decentralized ledgers and the future of central banking – www.elgaronline.com [PDF]