What is the ticker tape?
Ticker Tape is a thin ribbon of paper that was once used in storage machines that provided running prints of stock market fluctuations. Today, ticker machines have largely been replaced by digital "tickers" on websites, TV messages or LED displays. Magnate Machine Ticker, invented in 1867, first allowed people to see storage quotes in something close to real time.
Before checking the shares, shares prices were supplied manually, usually only in daily digestion. Because stock prices are constantly fluctuating, real -time awareness offers them significant benefits to investors and traders. Text information was transported via the wires to the machine in stock to be printed on the taicker tape. In the early models, the information transported to Ticker shares was written in Morse Code, but in 1869 Thomas Edison developed an alphanumeric system for the transfer of information about the warehouse.
alphanumeric symbols of ticker, codes indicating different companies that tradeOn the stock market, they were used together with the numerical indicators of current shares prices. A special typewriter was used to enter the information, which was transmitted to the telegraph into storage machines and printed on the Ticker tape.
The principle of Edison's alphanumeric code is still used in modern inventory information, although ticker symbols have been standardized and updated. Many Tickers now now use color coding - green, red and blue or white - to see at first glance whether each company earned or lost stock market points or remains stable. Ticker shares became an outdated arrival of the Internet and digital displays on the screen. Although ticker shares was an immense improvement compared to manual delivery of bids in stock, they did not work in real time until 1996, with earlier models running at least 15 to 20 minutes.
on the days of ticker tapes were old howlIsky often crushed to create a type of confetti that could be thrown out of the office windows during street shows. This practice, common in Manhattan, New York and other city centers, has become known as the "show of Ticker tape". Ticker tape shows still exist, although other shredded office documents now serve as confetti.