Lesson 15. The Ticker Tape, Stock Indices, and Other Media. In this lesson you will learn about further sources of information on your stock's performance. No image better represents the United States stock markets than the ticker tape. | l@ve RuBoard PREVIOUS NEXT Lesson 15. The Ticker Tape Stock Indices and Other Media In this lesson you will learn about further sources of information on your stock s performance. l@ve RuBoard PREVIOUS NEXT l@ve RuBoard 4 PREVIOUS NEXT The Ticker Tape No image better represents the United States stock markets than the ticker tape. The little one-inch-wide strip of paper is as synonymous with following the performance of stocks and their markets as it is with heroes welcomes and parades. Ironically you would be hard pressed to find an actual ticker tape machine outside of a museum or for that matter to find a parade that still uses the discarded strips. Computers have replaced ticker tape machines and returning heroes are now showered in celebration with shredded paper and phone books. Plain English Originally the ticker tape referred to an actual machine. Today the term is used to describe an electronic ribbon that carries information on stock trades currently occurring in the market. Today s ticker tape usage is a far cry from the machine s heyday when between a quarter and a third of a mile of tape ran through the ticker on a daily basis with the machine providing an endless stream of audible ticks as it reported on the activity in the United States stock markets. Considering the sheer volume of information that would have to pass through a ticker tape today to report on the markets it is glaringly obvious why its usefulness is long past and why the ticker tape machine has become but a fond memory. The information contained on the ticker tape however is still available in many places. Electronic ticker tapes run in such varied locations as the bottom of your television screen and oversize billboards in Times Square on the corner of the Morgan Stanley building . There s even a McDonald s on Wall Street that runs an electronic ticker tape during the day since the customers obviously have a vested interest. The information on these ticker tapes isn t nearly as .
