Australian (ASX) Stock Market Forum

Acronym thread

Saw someone asking what PID was on another thread in relation to broking and CHESS.

Not 100% sure but believe:

PID = Participant IDentification

and am almost certain it refers to the broker who purchased the shares on your behalf - correct me if I'm wrong.

list of PIDs here: https://www.asxonline.com/intradoc-...lement/documents/communications/asx017090.pdf

Also,

HIN = Holder Identification Number, a number unique to you that identifies you as the share holder.

breakdown of the CHESS holding statement: http://www.asx.com.au/products/chess_statement.htm

p.s. just realised how many Daves there are on this forum. Hello brothers!
 
I'm nearly gouging my eye balls out reading the "Big R multiple wins" thread in Trading Systems/strategies cause I'm only speculating about what R actually stands for! Help!
 
'R' stands for the amount ( usually in % of account) initially at risk when a trade is entered. So a multi R win means you have profited by a multiple of the initial amt risked at the close of the trade.
 
"Favourited"? Oh god, please no.:(

Yes, it does sound cringeworthy. Why not Google it?
I wasn't sure myself, so I did. And look what I've found: http://en.wiktionary.org/wiki/favourite#English

Verb

favourite (third-person singular simple present favourites, present participle favouriting, simple past and past participle favourited)

Alternative form of favour.
(Internet) To bookmark.
(Internet) To add to one's list of favourites on a website that allows users to compile such lists.

We learn something new every day :)
 
I don't know anything about the above source. It certainly doesn't feature in the Oxford.
It sounds awful.
I detest turning nouns into verbs.
Another equally egregious example is "medalled", eg "he failed to medal in the Olympics".
We have perfectly adequate English words available to convey meaning without bastardising it.
 

Are you sure that's searching the dictionary and not just their website? OED is a subscription service, not free, AFAIK.

I'm not sure if the word is or isn't in the OED, I just don't think you actually searched it.:)

Language is a dynamic beast though. It wouldn't be the first noun to be turned into a verb.
 
Julia, see my my link. Includes the British and American spellings.

They are both from the same company.

Read the verb usage for favourite when used in internet terminology (also in my post).


Cheers, I'm done here.
 
I think y'all getting a little pedantic about it.
But think F1, they are "gridded"!

:2twocents

One of my English teachers - yes, many decades ago, in the middle of last century! - considered turning nouns into verbs evidence of the richness and flexibility of a living language. He quoted a report of a rugby game: "The player pockets the ball and refuses to be hounded until the try is complete."

Whenever I come across a similar verbification, I am reminded of the ball-pocketing, unhounded rugby player; it conjures up a picture that describes the event better and more vividly than any "correct" construct could.

"I've bookmarked the link into my list of favourites" may describe the action to any pedant's satisfaction.
"I've favourites the link" says the same, but shorter and in terms that everybody, who has ever favourited a link, can instantly visualise.
 
Are you sure that's searching the dictionary and not just their website? OED is a subscription service, not free, AFAIK.

I'm not sure if the word is or isn't in the OED, I just don't think you actually searched it.:)
Probably right, McLovin.


Language is a dynamic beast though. It wouldn't be the first noun to be turned into a verb.
I know it wouldn't. Doesn't mean I won't be resistant to it happening, however. "Favourited"!! It sounds awful, clunky, and just wrong.
Happy to admit to being a pedant about language.:)
 
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