XRT can be described as an augmentation printed after the ticker symbol for a security to show that the security is being traded on an ex-rights basis.
Ex-rights implies that the purchaser of the security does not own rights to buy more equities at a lower price any longer, as those rights have been terminated.
XRT is imprinted on the ticker tape or showed on the electronic ticker for clearness and to stay away from disputes or confusion about where the rights presently remain. XRT is an shortened form for the term ex-rights.
XRT is additionally the SPDR S&P Retail exchange-traded fund’s ticker symbol.
SPDR S&P Retail is an index fund that tracks a broad-based, equal-weighted index of United States of America retail industry securities.
XRT is a symbol used as an extension to the ticker symbol for a security that is being traded on an ex-rights basis.
On the ticker, the extension is included after a dot after the ticker symbol. For instance, a trade of security XYZ with the ticker symbol ABC that is ex-rights would show as XYZ.XRT on the ticker.
Rights are another type of financial tool, one that provides the buyer of a security the right to buy more equities at a lower price than the exchanging price, for the first month or two after the first buy.