Setting up Securities
From MTHWiki
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You can either set up all the securities before you start entering transactions, or set them up “on the fly” while you are entering transactions. To set up a security before you enter any transactions, follow these steps: | You can either set up all the securities before you start entering transactions, or set them up “on the fly” while you are entering transactions. To set up a security before you enter any transactions, follow these steps: | ||
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| + | * Switch to Lists Manager and select Securities List | ||
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| + | * Click the Add new link at the Security List Navigator | ||
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| + | * Fill in the Set Up Security dialog | ||
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[[Image:Securitylist.png|center|thumb|600px]] | [[Image:Securitylist.png|center|thumb|600px]] | ||
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| + | [[Image:Addsecurity.png|center|thumb|600px]] | ||
=== Ticker Symbol === | === Ticker Symbol === | ||
Revision as of 19:06, 30 June 2010
Overview
In MyMoney, the term "Financial Instrument" and "Security" are used interchangeably and refer to a fungible, negotiable instrument representing financial value that the user wishes to monitor.
Each security may have an associated ticker symbol. However, the ticker symbol is not always sufficient to uniquely identify the particular security. MyMoney uses a combination of tickers codes and other security identifiers, such as CUSIPs to correctly identify the security and the exchange on which it is traded.
Security Set Up
You can either set up all the securities before you start entering transactions, or set them up “on the fly” while you are entering transactions. To set up a security before you enter any transactions, follow these steps:
- Switch to Lists Manager and select Securities List
- Click the Add new link at the Security List Navigator
- Fill in the Set Up Security dialog
Ticker Symbol
The ticker symbol is a sequence of one to 24 characters that identifies the instrument according to the data service in use. For example, Signal and DTN.IQ use the ticker symbol $INDU to identify market data for the Dow Jones Industrial Average, while BMI and DTN use INDU.
Some data services broadcast a unique code with each trade to identify the exchange on which the trade occurred. If the user specifies a particular exchange when defining an instrument, Investor/RT monitors just the trades that occur on that exchange. The exchange COMP (composite) is used to request monitoring of all trades for the ticker symbol regardless of exchange.
It is possible to define multiple instruments having the same ticker symbol. For example, the symbol IBM, requested exchange COMP and symbol IBM, requested exchange NYSE, can be defined as distinct instruments. The former will track all trades in IBM; the latter will track only the trades that take place on the New York Stock Exchange.
