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Sorry for the silly question, but I am a bit confused. When I look for Micro Dow (MYM) on the CME (or anywhere else really) the symbol I get is MYM, however, on barchart the symbol they use is YR: (https://www.barchart.com/futures/quotes/YRM21/profile)
Can someone shed some light on why barchart (and seems like only barchart) has different symbols that the Dow or CME group itself?
And since I already made one silly question: is there any difference between ^symbol and $symbol? like, one means index and the other means equity? or is just styling?
Thanks
Can you help answer these questions from other members on NexusFi?
Sometimes data providers use their own symbols. I don't think there's much else to find out about, unless you happen to be dealing with one in particular and want to know what a particular symbol means to them.
MYM, not the symbol name but the actual contract you can trade, for instance, does not exist independently. It's a contract on CME and nowhere else, and its name on CME is "MYM". If someone uses some other name to designate it, you may want a translation to the CME name so you will know what they mean. But if they use their own name, then that's just a weird thing they do.
There's not much more to know about it.
Bob.
When one door closes, another opens.
-- Cervantes, Don Quixote