5

I was looking for a quote (and trading) for Berkshire Hathaway Inc class B . There are web sites that are displaying the following symbols

  • BRK'B
  • NYSE: BRK.B
  • BRK-B

Why so many and what about ACATS from one brokerage to another if they use different symbol for same company ?

  • 1
    Since they all have "BRK" and "B", I'm betting that different brokerages' computer systems have different separators. Interesting question, though. – RonJohn Oct 3 '19 at 13:34
  • seems similar question is there money.stackexchange.com/questions/90498 – Raj Oct 3 '19 at 14:37
  • 1
    Possible duplicate of Why are symbols for shares not unique across markets? – MD-Tech Oct 3 '19 at 16:13
  • 1
    Variation of symbols across different markets in different countries (the links provided) is not the same as different symbols for a single stock on one exchange (this question). – Bob Baerker Oct 3 '19 at 16:51
  • @md-tech My question is for same company with in USA – puzzled Oct 3 '19 at 19:06
14

Nomenclature for stock symbols isn't standardized. Brokers and web sites use a variety of suffixes for non standard symbols. This is particularly maddening for preferred stocks. Fortunately, securities have CUSIP numbers so that other than infrequent human error, ACAT transfers operate efficiently.

To demonstrate the insanity of web site nomenclature for preferred stocks, here's an example for an Alabama Power preferred stock:

 QuantumOnline     -       ALP-Q    
 S&P               -       ALP-Q    
 NYSE              PR      ALPPRQ   
 NYSE Amex         p       ALPpQ    
 Bloomberg        /P       ALP/PQ   
 Charles Schwab   /PR      ALP/PRQ    
 E-Trade           p       ALPpQ    
 Fidelity          PR      ALPPRQ   
 Google Finance    -       ALP-Q    
 JPMorgan          PR      ALP PRQ  
 LPL Financial     '       ALP'Q        
 MarketWatch      .PR      ALP.PRQ  
 Quicken           PR      ALP PRQ  
 TD Ameritrade     -       ALP-Q    
 Vanguard         _p       ALP_pQ   
 Yahoo!           -p       ALP-pQ   
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