DEFINITION of 'XDIS'

A symbol used specifically upon the consolidated tape to indicate a security that is trading ex-distribution or without the right to receive the next distribution. XDIS is derived from the term ex-distribution.

BREAKING DOWN 'XDIS'

Typically, a stock's price will depreciate immediately after its distribution is paid. For the purpose of providing timely and accurate information, the consolidated tape will indicate this occurrence by adding the letters "XDIS" immediately after the stock's symbol.


For example, ABC XDIS 15 or ABC/XDIS would indicate that company ABC is trading ex-distribution at $15. A temporary suffix, such as XDIS, represents a temporary change to the underlying security because of current market conditions. The typical format for including the suffix is the security's symbol (such as stock ABC), followed by a forward slash (indicating a temporary change) and then the suffix (XDIS).


A security that is trading XDIS entitles a seller (a previous owner), rather than the buyer, to receive the last declared distribution prior to the sale.

RELATED TERMS
  1. Ex-Distribution

    A security or investment that is trading without the rights to ...
  2. E

    A temporary fifth character suffix to a symbol for a stock traded ...
  3. Hard-Coded Stock

    This is a term that refers to a company's stock symbol or ticker ...
  4. Consolidated Tape

    An electronic program that provides continuous, real-time data ...
  5. Ticker Tape

    A computerized device that relays financial information to investors ...
  6. Ticker Symbol

    An arrangement of characters (usually letters) representing a ...
Related Articles
  1. Investing

    Understanding The Ticker Tape

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

    Keeping Securities Clear With Ticker Symbols

    A ticker symbol is a group of characters that represent a specific, publicly traded security that’s listed on an exchange.
  3. Trading

    Understanding The 2010 Options Symbology

    There is a wealth of information in the expanded option symbols, but they should make things easier for traders.
  4. Investing

    What is the Price-to-Sales Ratio?

    The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues.
  5. Insurance

    What Does an Underwriter Do?

    In the investment world, an underwriter is a company that helps corporations or other issuing bodies distribute their securities.
  6. Managing Wealth

    Explaining Underlying Assets

    An underlying asset is the financial instrument from which a derivative's price is based.
  7. Investing

    A Legendary Market Skill Experience Traders Have

    Tape readers interpret complex background data during the market day to gain a definable trading edge over the competition.
  8. Investing

    Explaining Value Stock

    Investors look for value stocks because they consider them to be underpriced based on the stock’s fundamentals.
  9. Small Business

    What's Capitalization?

    Capitalization has different meanings depending on the context.
RELATED FAQS
  1. Why do some stock symbols have three letters while others have four? What is the ...

    Stocks found on the New York and American Stock Exchange will normally have symbols with three letters or fewer. On the other ... Read Answer >>
  2. What does it mean when a stock symbol has a .PK after it?

    The .PK is an example of a suffix representing where the security is traded - an over-the-counter (OTC) network or an international ... Read Answer >>
  3. Why did my stock's ticker symbol change?

    When a ticker symbol changes it's usually not a good sign. Tickers of publicly traded companies generally only change for ... Read Answer >>
  4. Do hedge funds have ticker symbols?

    Discover whether or not hedge funds have ticker symbols, where you can find ticker symbols and the significance of a ticker ... Read Answer >>
  5. 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 ... Read Answer >>
  6. Which of the following equity trades would appear on the ticker ...

    Free info on financial certification exams including study guides, exam questions, and much more! Read Answer >>
Hot Definitions
  1. Federal Direct Loan Program

    A program that provides low-interest loans to postsecondary students and their parents. The William D. Ford Federal Direct ...
  2. Cash Flow

    The net amount of cash and cash-equivalents moving into and out of a business. Positive cash flow indicates that a company's ...
  3. PLUS Loan

    A low-cost student loan offered to parents of students currently enrolled in post-secondary education. With a PLUS Loan, ...
  4. Graduate Record Examination - GRE

    A standardized exam used to measure one's aptitude for abstract thinking in the areas of analytical writing, mathematics ...
  5. Graduate Management Admission Test - GMAT

    A standardized test intended to measure a test taker's aptitude in mathematics and the English language. The GMAT is most ...
  6. Magna Cum Laude

    An academic level of distinction used by educational institutions to signify an academic degree which was received "with ...
Trading Center