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Non-Tech : Global Games Corporation is on the move (GLOW)

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To: Thomas George Warner who wrote (713)6/12/1998 9:41:00 AM
From: Thomas George Warner   of 720
 
Think to save the hypes a lot of trouble I should answer my own post, and the NYSE should be a good enough authority! I have given the URL so that yu all may check it...would not want to be accused of lying about it again. Good investing.

nyse.com

Ticker Symbol
A three or four letter abbreviation used to identify a security whether on the floor, a TV screen, or a newspaper page. Ticker symbols are part of the lore of Wall Street. They were originally developed in the 1800s by telegraph operators to save bandwidth. One-letter symbols were therefore assigned to the most active stocks. Railroads were the dominant issues at the time, so they retain a majority of the one-letter designations.
Ticker symbols today are assigned on a first-come, first-served basis. Each marketplace -- the NYSE, the American Stock Exchange, and others -- allocates symbols for companies within its purview, working closely to avoid duplication. A symbol used for one company cannot be used for any other, even in a different marketplace.
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