Fifth-Letter Identifier

Filed Under » , ,
Dictionary Says

Definition of 'Fifth-Letter Identifier'

An additional letter added onto four-letter ticker symbols to signify to market participants that there is additional information about a specific company's stock. Also known as fifth-letter codes, this applies to stocks listed on the Nasdaq and Over-The-Counter Bulletin Board (OTCBB). There are several different fifth-letter identifiers, ranging from A to Z, and each letter represents something different.
Investopedia Says

Investopedia explains 'Fifth-Letter Identifier'

For example, Microsoft trades under the ticker MSFT on the Nasdaq. A fifth-letter identifier could be "A," which would change the full ticker symbol to MSFT.A. The fifth-letter identifier "A" represents Microsoft class A shares. The most common fifth-letter identifiers are: "A" for class A shares, "B" for class B shares, "D" for new issue, "J" for voting, "Q" for bankruptcy and "R" for rights.

Articles Of Interest

  1.

    Understanding The Ticker Tape

    We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.

  2. Translating Ticker Talk

    Stock tickers can say a lot about a company in just a few letters. Find out how to read them.

  3. What are the fifth-letter identifiers on the Nasdaq?

    All of the companies traded on the Nasdaq have four-lettered tickers, which are representative of the actual company. For example, the ticker symbol for Nasdaq-traded Microsoft is MSFT. However, ...

  4. Exploring European Options

    The ability to exercise only on the expiration date is what sets these options apart.

  5. How To Identify A Micro-Cap Scam

    Discover how to distinguish a real investment opportunity from a fraudulent one.

  6. Market Capitalization Defined

    Find out the differences between mega-, large-, mid- and small-cap stocks and how each suits different investing styles.

  7. Derivatives 101

    Learn how to use this type of investment as an alternative way to participate in the market.

  8. What is a stock ticker?

    A stock ticker is a report of the price for certain securities, updated continuously throughout the trading session by the various stock exchanges. A "tick" is any change in price, whether that ...

  9. Where can I purchase options?

    In the United States, all options contracts go through one of several options exchanges. An investor must have an account with a brokerage firm that provides options trading as part of its product ...

  10. The Cost Of Getting The Flu

    The paltry cost of getting the flu vaccine is nothing compared to the potential costs that you could incur by getting the virus.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Yield Elbow

    The point on the yield curve indicating the year in which the economy's highest interest rates occur. The yield elbow is the peak of the yield curve, signifying where the highest interest rates occurred.

  2. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  3. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  4. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  5. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  6. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=10254833b284f82b20349eac1d464cb4