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Ticker tape was the earliest electrical dedicated financial communications medium, transmitting stock price information over telegraph lines, in use from around 1870 to 1970. It consisted of a paper strip that ran through a machine called a stock ticker , which printed abbreviated company names as alphabetic symbols followed by numeric stock ...
Paper ticker tape became obsolete in the 1960s, as television and computers were increasingly used to transmit financial information. The concept of the stock ticker lives on, however, in the scrolling electronic tickers seen on brokerage walls and on news and financial television channels.
It printed the data on 0.75 inches (1.9 cm) wide paper tape wound on large reels. The sound it made while printing earned it the name "stock ticker". Other inventors improved on this device, and ultimately Thomas Edison patented a "universal stock ticker", selling over 5,000 in the late 19th century. [3]
Quotron was a Los Angeles–based company that in 1960 became the first financial data technology company to deliver stock market quotes to an electronic screen rather than on a printed ticker tape. The Quotron offered brokers and money managers up-to-the-minute prices and other information about securities. [1]
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It is currently chaired by Emily Kasparov of the Chicago Stock Exchange, the first woman and the youngest chair elected to the position. CTA manages two Plans [2] to govern the collection, processing and dissemination of trade and quote data: the Consolidated Tape Plan, which governs trades, and the Consolidated Quotation Plan, which governs ...
Stock futures edged higher ahead of the release of consumer-price inflation data. Here are 4 tickers trending on Yahoo Finance in premarket trading:
The Consolidated Tape Association is the entity that helps to keep track of all the trades that happen on Wall Street. ... Years ago the ticker tape was a machine that listed the prices of trades ...