What is a ticker?

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A ticker is a unique character (or symbol) that identifies a company’s share on a stock market. It can be just letters, numbers or mixed, and for some security houses, there can be restrictions on the number of digits allowed

For instance, Italian oil firm Eni simply goes by “E” on the New York Stock Exchange (NYSE) whereas the Nigerian beverage firm Champion Breweries goes by 'CHAMPION’ on the Nigerian Stock Exchange (NGX).

All companies trading on the stock market each have a ticker. It is one of the criteria to get listed. As an investor, it's a good idea to familiarize yourself with your company's ticker so you can track it easily and not confuse it for another.

If Bavijas were to get listed on the Nigerian Stock Exchange (NGX) today, what ticker would you suggest for it? I'm contemplating BVJ.

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