Code

For convenience, all companies and everything traded on the Australian Securities Exchange have a code identifier. These codes are displayed on ticker boards instead of the full company name. For example, BHP stands for BHP Billiton.

Some traders would say that the minimum requirement for trading the ASX is knowing the stock or company's 3-letter code. Throughout the trading process, it's easier to track instruments with a code. You will usually see 3-character codes, but codes can vary in length depending on the type of instrument.