Symbol Assignment Rules
At the request of the market data community, Nasdaq has agreed to the following
symbol assignment rules by asset class:
| Asset Class |
Symbol Length |
Starting Letters |
Ending Letters |
Mutual Fund – Open End
or Demand Deposit Account
|
5 |
Any letter except X |
X |
Mutual Fund – Interval Fund
or Tender Offer Fund |
5 |
Any letter |
X |
Mutual Fund – Closed End
or Exchange Traded Fund |
5 |
X |
X |
| Money Market Fund |
5 |
Any letter |
XX |
Unit Investment Trust
Collective Investment Trust
Managed Account
Separate Account
|
6 |
Any letter except P, Q, X or Z |
X |
| Annuity
|
6 |
Q |
X |
| Structured Product |
7 |
Any Letter |
XX |
Alternative Investment Product
Hedge Fund |
6 |
Z |
X |
| NextShares |
7 |
Exchange symbol |
NX |
Note:Nasdaq has a minimum one year period before it allows a symbol to be reused.
It strongly recommends that customers do not select symbols that have been used in the last
two years.