Hi, Can you help me understand this old market/trade recap by Bloomberg? What is column "E"? And the letters P, M, N and T? I have another similar screen print with the letters B and X. Do you know what they mean? Finally, I want to ask you why some prices are in bold and with an arrow next to them.
Column E=Exchange. P = Pacific Stock Exchange, which became Arca M = Midwest Stock Exchange, which became Chicago N = NYSE T = National Assoc of Securities of Dealers aka NASD The date for the printout is for Jun 21, 1996. B = Boston Stock Exchange X = Philadelphia Stock Exchange (Also, and in some cases much later time time, A = American Stock Exchange, C = Cincinatti, O = Instinet, W = CBOE, D = NASD ADF/TRF, Q = NASDAQ, I = ISE, C = NSX, Z = BATS) Bold represents a a trade - the others are just a bid/ask update from that exchange. The arrow represents an uptick or downtick from the prior trade (see the uptick rule for short selling to see why this is important).
Just a quick lookup of the unadjusted pricing on CHK (well, the old Chesapeake that went banrkrupt, returning exactly $0 for shareholders... ouch - final ticker was CHKAQ). The date for the printout is for Jun 21, 1996.