Setting up Securities
From MTHWiki
| Line 29: | Line 29: | ||
| - | The only required field on the Setup Security screen is the Name, this is what is going to be displayed in Portfolios, Positions, Reports, etc. If this security has an associated ticker or you plan on retrieving the quotes | + | The only required field on the Setup Security screen is the Name, this is what is going to be displayed in Portfolios, Positions, Reports, etc. If this security has an associated ticker or you plan on retrieving the quotes automatically from the Internet please enter it into the Ticker field. |
| Line 43: | Line 43: | ||
=== Resolving Tickers === | === Resolving Tickers === | ||
| + | |||
| + | |||
| + | MyMoney downloads quotes for securities that have been properly setup for Internet downloads (or resolved). Resolved securities carry a small radiating symbol next to their names in various dialogs. To resolve the ticker please select a data source and click on '''Lookup Symbol''' button. If the ticker is resolved the Ok button will display a radiating symbol indicating that the ticker status, exchange and other information submitted by the data source will be saved. | ||
Revision as of 19:16, 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
The only required field on the Setup Security screen is the Name, this is what is going to be displayed in Portfolios, Positions, Reports, etc. If this security has an associated ticker or you plan on retrieving the quotes automatically from the Internet please enter it into the Ticker field.
The ticker symbol is a sequence of one to 24 characters that identifies the instrument according to the data service in use. For example, Yahoo is using ^DJI to identify market data for the Dow Jones Industrial Average Signal while DTN.IQ use the ticker symbol $INDU and BMI and DTN use INDU
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.
Resolving Tickers
MyMoney downloads quotes for securities that have been properly setup for Internet downloads (or resolved). Resolved securities carry a small radiating symbol next to their names in various dialogs. To resolve the ticker please select a data source and click on Lookup Symbol button. If the ticker is resolved the Ok button will display a radiating symbol indicating that the ticker status, exchange and other information submitted by the data source will be saved.
