When I was young, I wondered why some well-dressed, were serious business people so fascinated with the stock ticker tape in the lobby of a large stone building. It was in the New York Stock Exchange or the Fidelity Brokerage, I can not remember but that was long before the time at which the image of the stock market ticker tape in our homes with the FNN channel at a later date shown on the screen on other channels.
Today, most anyone investors, brokers,Economists, financial managers, lay people are only interested in the band. In this case, for what purpose is served by the ticker?
The news ticker shows what is happening in the markets, indicating the action and the current price of the shares. A share is a unit, a share of public enterprises. If in a band, which sees many signs that the tape records.
If a person follows the action of a single undertaking, would know theRead a symbol of this society, its effect on the ticker. Take for example the Coca-Cola Company, the symbol KO. The tape will be shown:
KO the symbol of the company
9M – the quantity of shares traded, in this case M stands for millions of people, as K would be for a thousand and B represent one billion
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60.79 – The final offer price per share that day at camp
and the up or down – toShow the direction of change
0.83 – the amount of change
The number of letters in a symbol denotes a rule, if the stock trades. For example, a title with a four-letter symbol on the NASDAQ, and one of the parties would be a symbol of three letters or less on the NYSE and AMEX, while a stock with a five-letter symbol and Y or F to be an end to a foreign company.
The stock market has its roots in 1653 when a twelve foot fence wasin Manhattan, built against the attacks by the Indians and British. After Wall Street has been built along the fence line, and in 1790, came on the market for distributors "for life.
The stock ticker, the invention is from Edison and the technology of the telegraph. This invention, called the news ticker, because the noise of the printing unit. Other inventions from ticker tape Calahan, Phelps, and the laws that followed, however, was once again, Edison came up with theUniversal stock ticker, which performed better and faster than the others.
Purchased by the New York Stock Exchange Rights to a stock ticker, began selling shares information on brokers and other businessmen, the ticker said that the information printed in their offices. During the celebrations and parades, threw the workers out of the box office this paper, and the expression of ticker tape parade was marked. The first news ticker parade was in October 1886, while theInauguration of the Statue of Liberty.
While the ticker that allows you to print on paper is no longer in use and is replaced by the electronic ticker, it remains the basic principle of the analysis of the band itself. Even though the economy not only to measures of inventories, the streaming ticker tape still gives a look at the markets, especially if you depend on familiarity with the symbols of Commons.
Sources
Encyclopedia of American History Sixth Edition ed. Richard Morris(New York: Harper & Row, Publishers, 1982).
Jeff D. Opdyke, The Wall Street Journal: The Complete Personal Finance Guidebook, Copyright 2006 Dow Jones & Company (Three Rivers Press, Publishing Company, 2006)
Financialhistory.org
Investopedia.com
Traders.com Resource Documents
NYSE.com
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