Login

Reset password
Point-In-Time symbols (PIT-Symbols)

Point-In-Time symbols (PIT-Symbols)

April 1, 2025 ⏱ 3 min read

PIT-Symbols: Permanent Identifiers for Traded Instruments

PIT-Symbol (Point-In-Time Symbol) is a permanent and unique identifier for financial instruments (stocks, ETFs) used by CorrGrid. It addresses the key issue of frequent changes in stock tickers.

Standard stock tickers are not permanent: they change due to mergers, rebranding, and delistings. Furthermore, a ticker symbol can be reassigned to a completely different company once it becomes available, causing significant confusion in historical data analysis.

Read More »