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Ticker tape. 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 ...
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) representing specific assets or securities listed on a stock exchange or traded publicly. A ...
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.
Invention of ticker tape, gold and stock tickers, multiplex telegraph system. Edward Augustin Calahan (1838–1912) was an American inventor, credited with invention of a ticker tape, gold and stock tickers, and a multiplex telegraph system. [ 1] Calahan was born in Boston, Massachusetts. He left school at the age of 11 to pursue his interest ...
Quotron. 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]
Ticker-tape parade in Chicago in 1969 for the Apollo 11 astronauts. A ticker-tape parade is a parade event held in an urban setting, characterized by large amounts of shredded paper thrown onto the parade route from the surrounding buildings, creating a celebratory flurry of paper. Originally, actual ticker tape was used, but now mostly ...
Today, about 28% of our enterprise value is debt, versus the opposite for most real estate people. Most real estate people have 70% debt and 30% equity. We have the opposite. Today, only 5% ...