4 ms·
NASDAQ at one point wanted to have "special characters" e.g. *()/ etc in ticker names too. EVERYONE said it was a bad idea but they kept pushing it. Repeatedly
by alexpotato 2mo ago
NASDAQ at one point wanted to have "special characters" e.g. *()/ etc in ticker names too.
EVERYONE said it was a bad idea but they kept pushing it. Repeatedly.
Eventually, smarter heads prevailed and they got rid of the idea.
- HolyLampshade 2mo agoYeah, they tried to carry the suffix symbology into the ticker itself, but that fortunately died not because of some great sanctity of the symbols but because someone thought it would confuse too much with how ACT and the CTCI protocol handled security categorization. NYSE (really the access stack that both NYSE and AMEX ran on; the name escapes me since it died back in I think ‘08) has for a long time included a completely separate field in their protocols to indicate classification (preferred, warrants, classes, when issued, etc), but CTCI just jammed it into the symbol field.
- philipwhiuk 2mo agoImagine how much stuff breaks if they allowed a comma.
- alexpotato 2mo agoCouple examples in my Twitter thread on FinTech outages that were basically that: https://x.com/alexpotato/status/1215876962809339904 https://x.com/alexpotato/status/1215876962809339904
- wavemode 2mo agoStock ticker: "BIGCO'; DROP TABLE TRANSACTIONS"
- tough 2mo agobobby tables goes to the stock market