Market Urges Exchange Symbology Consistency

NEW YORK—Market participants have warned that several ongoing symbology initiatives could lead to inconsistency across markets and implementation issues, Inside Reference Data has learned.

There is heated activity around symbology at the moment. Nasdaq is working on a new set of suffix symbols to help customers better identify listed issues, while the SEC is trying to set an industry standard symbology for securities and options, and the Options Price Reporting Authority and the Options Clearing