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Stock Ticker working replica

Ticker tape was used by ticker tape machines, the Ticker tape timer, stock ticker machines, or just stock tickers. Image File history File links Circle-contradict. ... Image File history File links Stockticker. ... Image File history File links Stockticker. ... Stock Ticker working replica Ticker tape was used by ticker tape machines, the Ticker tape timer, stock ticker machines, or just stock tickers. ...

History

The origin of the term ticker tape come from the term tick, which refers to any movement, up or down, however small, in the price of a security or stock and tape simply refers to the machines using a paper tape printout as a rolling display of stock prices.^[1] Invented in 1867, early versions of stock tickers provided the first mechanical means of conveying stock prices ("quotes"), over a long distance over telegraph wiring. In its infancy, the ticker used the same symbols as Morse code as a medium for conveying meassages. Previously, they were hand-delivered via written or verbal messages. Since the useful time-span of individual quotes is very brief, they generally had not been sent long distances; aggregated summaries, typically for one day, were sent instead. This increase in speed allowed for faster and more exact sales. Since the ticker ran continuously, updates to a stock’s price became effective much faster and trading became a more time sensitive matter. For the first time, trades were being done in what we think of as nearly real time. This article or section does not cite any references or sources. ... This article does not cite any references or sources. ... Telegraphy (from the Greek words tele = far away and grapho = write) is the long distance transmission of written messages without physical transport of letters, originally over wire. ... 1922 Chart of the Morse Code Letters and Numerals Morse code is a method for transmitting telegraphic information, using standardized sequences of short and long elements to represent the letters, numerals, punctuation and special characters of a message. ... Illustration of a scribe writing Writing, in its most common sense, is the preservation of and the preserved text on a medium, with the use of signs or symbols. ... Message in its most general meaning is an object of communication. ...

Stock ticker machines are an ancestor of the modern computer printer, being one of the first applications of transmitting text over a wire to a printing device. One of the earliest practical stock ticker machines, Universal Stock Ticker developed by Thomas Edison in 1869, had an alphanumeric printing speed of approximately 1 character per second. A special typewriter designed for operation over telegraph wires was used at the opposite end of the telegraph wire connection to the ticker machine. Text typed on the typewriter got displayed on the ticker machine at the opposite end of the connection. This does not cite any references or sources. ... Teletype machines in World War II A teleprinter (teletypewriter, teletype or TTY for TeleTYpe/TeleTYpewriter) is a now largely obsolete electro-mechanical typewriter which can be used to communicate typed messages from point to point through a simple electrical communications channel, often just a pair of wires. ... Stock Ticker working replica Ticker tape was used by ticker tape machines, the Ticker tape timer, stock ticker machines, or just stock tickers. ... Thomas Alva Edison (February 11, 1847 – October 18, 1931) was an American inventor and businessman who developed many devices which greatly influenced life around the world, including the phonograph and a long lasting light bulb. ... Mechanical desktop typewriters, such as this Underwood Five, were long time standards of government agencies, newsrooms, and sales offices. ...

Technology

Stock tickers in various buildings were connected using technology based on the then-recently invented telegraph machines, with the advantage that the output was readable text, instead of the dots and dashes of Morse code. The machines printed a series of ticker symbols (usually shortened forms of a company's name), followed by brief information about the price of that company's stock; the thin strip of paper they were printed on was called ticker tape. As with all these terms, the word ticker comes from the distinct tapping (or ticking) noise the machines made while printing. Optical Telegraf of Claude Chappe on the Litermont near Nalbach, Germany Telegraphy (from the Greek words tele (τηλε) = far and graphein (γραφειν) = write) is the long-distance transmission of written messages without physical transport of letters, originally by changing something that could be observed from a distance (optical telegraphy). ... 1922 Chart of the Morse Code Letters and Numerals Morse code is a method for transmitting telegraphic information, using standardized sequences of short and long elements to represent the letters, numerals, punctuation and special characters of a message. ... For other articles which might have the same name, see Print (disambiguation). ... A stock symbol or ticker symbol is a mnemonic used to uniquely identify shares of a publicly-traded corporation on a particular stock market. ...

Newer and more efficient tickers became available in the 1930s and 1960s but the physical ticker tape phase was quickly coming to a close being followed by the electronic phase. These newer and better tickers still had an approximate 15 to 20 minute delay. Stock ticker machines became obsolete in the 1960s, replaced by computer networks; none have been manufactured for use for decades. However, working reproductions of at least one model are now being manufactured for museums and collectors. It was not until 1996 that a ticker type electronic device was produced that could operate in true real time. The 1960s decade refers to the years from January 1, 1960 to December 31, 1969, inclusive. ... “Computer Networks” redirects here. ... The Louvre Museum in Paris, one of the largest and most famous museums in the world. ...

Simulated ticker displays, named after the original machines, still exist as part of the display of television news channels and on some World Wide Web pages—see news ticker. One of the most famous of these simulated ticker displays is the ticker located at Times Square in New York City. Television news refers to the practice of disseminating current events via the media of television. ... A television station is a type of broadcast station that broadcasts both audio and video to television receivers in a particular area. ... WWWs historical logo designed by Robert Cailliau The World Wide Web is a system of interlinked, hypertext documents accessed via the Internet. ... A News Ticker is a small screen space on News television networks dedicated to headlines or minor pieces of news. ...

Ticker tapes then and now contain generally the same information. The ticker symbol is a unique characters used to identify the company. The shares traded is the volume for the trade being quoted. Price traded refers to the price per share of a particular trade. Change direction is a visible cue showing whether the stock is trading higher or lower than the previous day’s closing. Change amount refers to the difference in price from the previous day’s closing. These are reflected in the modern style tickers that we see every day. Many today have also included color to indicate whether a stock is trading higher than the previous day’s close (green), lower than the previous day’s close (red), or has remained unchanged (blue or white).

Other usage

Used ticker tape was cut into a form of confetti, to be thrown from the windows above parades, primarily in lower Manhattan; this became known as a ticker-tape parade.^[2] Ticker tape parades generally celebrated some significant event, such as the end of a World War, or the safe return of one of the early astronauts. Small boy trying to catch confetti at Folk Festival in Namur, Belgium. ... United States Marines on parade. ... Manhattan is a borough of New York City, New York, USA, coterminous with New York County. ... Ticker-tape parade in New York City in honor of the Apollo 11 astronauts, August 1969 A ticker-tape parade is a parade event, held in a downtown urban setting, allowing the jettison of large amounts of shredded paper products from nearby office buildings onto the parade route, creating a... A world war is a war affecting the majority of the worlds major nations. ... Astronaut Bruce McCandless II using a manned maneuvering unit outside the U.S. Space Shuttle Challenger in 1984. ...

See also

• CNBC Ticker

The new CNBC ticker, unveiled in December 2005. ...

Notes

1. ^ Understanding the Ticker Tape
2. ^ Glenn's second ticker tape parade

• "Exchanges - Ticker Tape Terminology." The Investment FAQ. 19 Sept. 1999. 20 Apr. 2007 <http://invest-faq.com/articles/exch-ticker.html>.
• "Understanding the Ticker Tape." Investopedia. 25 Feb. 2005. 20 Apr. 2007 <http://www.investopedia.com/articles/01/070401.asp>.

External links

• Vintage Stock Tickers (reference site for collectors)
• Stock Ticker Company (history and source of replicas)
• [1] (information about ticker symbols)