Stock Market Ticker Tape Definition
The stock market ticker tape was created and computerized to give information on stock price, symbol, and volume. It is called stock ticker tape because it used to be printed on paper on a ticker tape machine.
Technology has came a long way in that we no longer need to print stock information for ticker tape. All of it can be sent online. The stock ticker tape machine was created in 1867 and used to take a long time so send information out to brokers and the closest offices go the information quickest. Which explains why offices were built so close to the New York Stock Exchange.
When a new company goes public for trading they pick letters or symbols for their stock symbol. These symbols help businesses and investors avoid confusion and allow for public trading. The symbols help to avoid confusion from investors.
People who tune into TV shows like MSNBC Business will see streaming stock market ticker symbols going across the bottom of the TV screen. These can be tricky to understand unless you know what they are all about; how to read the symbolic language.
Stocks that are on the NYSE are denoted by three letters. Stocks traded on the Nasdaq are denoted by 4 letters. Mutual funds use letters and numbers to differentiate their symbols.
Ticker also comes from the actual conceptual word of tick. It means the stock ticks up or down when there is activity. - 23211
Technology has came a long way in that we no longer need to print stock information for ticker tape. All of it can be sent online. The stock ticker tape machine was created in 1867 and used to take a long time so send information out to brokers and the closest offices go the information quickest. Which explains why offices were built so close to the New York Stock Exchange.
When a new company goes public for trading they pick letters or symbols for their stock symbol. These symbols help businesses and investors avoid confusion and allow for public trading. The symbols help to avoid confusion from investors.
People who tune into TV shows like MSNBC Business will see streaming stock market ticker symbols going across the bottom of the TV screen. These can be tricky to understand unless you know what they are all about; how to read the symbolic language.
Stocks that are on the NYSE are denoted by three letters. Stocks traded on the Nasdaq are denoted by 4 letters. Mutual funds use letters and numbers to differentiate their symbols.
Ticker also comes from the actual conceptual word of tick. It means the stock ticks up or down when there is activity. - 23211
posted by X - Men @ 12:52 AM
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