What is a composite tape?

Composite tapes are Ticker tapes used to print transaction activities on various types of financial exchanges. The composite tape captures real -time information and constantly prints the current activity in different markets. The use of TICKER tape once served as the closest way of regional exchanges to obtain information about transactions on the national stock exchanges. Even today many investors and various exchanges continue to actively use composite tape as a primary means of obtaining information about the performance of securities.

The use of composite tape dates back to the first years of stock exchanges and the use of new energy energy. During the beginning of the 20th century, it was not uncommon for large corporations that large portfolios would maintain a machine in the acceptance of composite reading of belts. At the same time, Ticker tape recorders have allowed to be replaced worldwide by the UPDATA activity that occurs in other stock exchanges. For several years, composite tape served as the fastest way toDetermine the current conditions of investment without actually present on the trading floor of the stock exchange.

The usual structure of information transmitted to composite tapes is to record all transactions involving a given safety, regardless of which transaction is replaced. This allows investors to display a wide picture of what is happening with security around the world and get an idea of ​​how trading affects the value of shares. In many cases, the ability to display this so much collected data suddenly allows the investor to take a more informed decision on what to do with any shares currently held.

Modern technology has provided many other ways of accessing market activity, but composite tape continues to be used in any stock exchange and many investors today. While today's Ticker tape machines are faster and more efficient than in previous years, they still tend towork in the same basic way.