Options symbols transition completed


Monday, May 17th, 2010

This last weekend the option symbol transition coordinated by The Options Clearing Corporation completed, with the last set of symbols, starting with underlying symbols of  S through Z, switched over to the new system.   In almost all cases the 3 to 5  letter underlying symbol now works as the option identifier.    I think the new system is a real improvement.   I wish all the brokers had implemented it the some way, but I guess that would be too much to ask.  Click here to see the Schwab, Fidelity, and the generic approaches.

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