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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 through 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 ...
In 1863 Edward A. Calahan of the American Telegraph Company invented a stock telegraph printing instrument which allowed data on stocks, bonds, and commodities to be sent directly from exchanges to broker offices around the country. It printed the data on 0.75 inches (1.9 cm) wide paper tape wound on large reels.
A financial data vendor provides market data to financial firms, traders, and investors. The data distributed is collected from sources such as stock exchange feeds, brokers and dealer desks or regulatory filings (e.g. an SEC filing ).
In 2005, seat prices shot up to $3.25 million as the exchange entered into an agreement to merge with Archipelago and became a for-profit, publicly traded company. Seat owners received $500,000 in cash per seat and 77,000 shares of the newly formed corporation. The NYSE now sells one-year licenses to trade directly on the exchange.
The S&P 500's average annual return is around 10%, making the 12-month returns that follow rate cuts, on average, well below this bogey. And with the exceptions of 1974, 1989, and 2019, year-ahead ...
S&P Global's flash US composite PMI, which captures activity in both the services and manufacturing sectors, came in at 54.4 in May, up from 51.3 in April. Economists had expected the index to ...
Control Data Corporation. Control Data Corporation ( CDC) was a mainframe and supercomputer company that in the 1960s was one of the nine major U.S. computer companies, which group included IBM, the Burroughs Corporation, and the Digital Equipment Corporation (DEC), the NCR Corporation (NCR), General Electric, and Honeywell, RCA and UNIVAC.
May 21, 2024 at 6:00 AM. If the Supreme Court rules that bump stocks aren’t machine guns later this summer, it could quickly open an unfettered marketplace of newer, more powerful rapid-fire ...