Definition:

Ticker tape is a continuous strip of paper that is used to record stock prices and other financial data in real time. It is a common form of financial display that is often seen in trading rooms and on the sidelines of markets.

Key Features:

• Continuous Tape: Ticker tape provides a continuous stream of updates, updating prices as they change in real time.
• Scrolling Display: The tape moves at a constant speed, displaying the latest prices and other data.
• Multiple Columns: Ticker tape typically includes columns for various financial data, such as price, volume, and time.
• Color Coding: The prices are often color-coded to indicate changes in the market, with different colors used for up and down movements.
• Historical Data: Some ticker tape displays historical data, such as previous day’s closing price.
• Trading Tools: Ticker tape is often used in conjunction with other trading tools, such as order books and charting software.

Uses:

• Tracking Market Movements: Ticker tape is used by traders and investors to track market movements in real time.
• Making Trading Decisions: Traders use ticker tape to identify potential trading opportunities and to monitor their positions.
• Market Analysis: Analysts use ticker tape to analyze market trends and patterns.
• News and Analysis: Ticker tape is sometimes used to display news and analysis, such as company reports and economic data.

Example:

A ticker tape display might show the following information for a company:

• Stock symbol
• Current price
• Previous day’s closing price
• Volume
• Change in price
• Time

Additional Notes:

• Ticker tape is a historical term, and the term “ticker tape” is now mostly used in a nostalgic sense.
• Electronic display systems have largely replaced ticker tape, but it is still used by some market participants.
• Ticker tape is a symbol of the fast-paced and dynamic nature of the financial markets.