Monday, June 19, 2017

OTC 101 Frequently Asked Questions - General OTC Market FAQs - OTCMarkets.com

OTC 101 Frequently Asked Questions - General OTC Market FAQs - OTCMarkets.com: "Why do some symbols have five letters?
The fifth character is a special identifier which is assigned by FINRA and designed to give more information about the security. To determine what fifth characters are used in our markets, visit our Symbology Guide. A few of the most common can be found below:
F – Foreign Ordinary
P – Preferred Share
Q – Bankruptcy
Y – American Depository Receipt (ADR)"


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