Investopedia

Continue to Site »

Consolidated Tape

Filed Under » , , ,
Dictionary Says

Definition of 'Consolidated Tape'

An electronic program that provides continuous, real-time data on trading volume and price for exchange-traded securities. Through the consolidated tape, numerous major exchanges, including the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange, report their trades and quotes. Securities often trade on more than one exchange, and the consolidated tape reports a security's trading activity for all of these exchanges, not just its primary exchange.
Investopedia Says

Investopedia explains 'Consolidated Tape'

The consolidated tape was introduced in 1975 and is overseen by the Consolidated Tape Association. Consolidated tape data come from two major networks, which are administered by the NYSE (Network A) and NYSE Amex (Network B). Network A reports trades for securities listed on the NYSE while Network B reports trades from regional exchanges, electronic communication networks and the PHLX options exchange.

Articles Of Interest

  1.

    Understanding The Ticker Tape

    We explain the meaning and use of that reel of symbols whizzing across your TV or computer screen.

  2. Translating Ticker Talk

    Stock tickers can say a lot about a company in just a few letters. Find out how to read them.

  3. The History Of Information Machines

    Discover how technology changed the way we exchange information when trading.

  4. Reading Financial Tables Tutorial

    Learn about six common types of financial tables and figure out how to interpret them.

  5. Arbitrage Squeezes Profit From Market Inefficiency

    This influential strategy capitalizes on the relationship between price and liquidity.

  6. A Day In The Life Of A Day Trader

    Day trading has many advantages and, while we often hear about these perks, it's important to realize that day trading is hard work.

  7. The NYSE And Nasdaq: How They Work

    Learn some of the important differences in the way these exchanges operate and the securities that trade on them.

  8. How To Start Trading

    Successful trading involves more than reading a few articles or books: you should plan on devoting a substantial amount of time and effort before ever placing a trade in a live market.

  9. Muriel Siebert: Female Finance Pioneer

    Muriel Siebert has blazed many paths for investors, but is especially relevant as the first woman to sit on the NYSE.

  10. Exploring European Options

    The ability to exercise only on the expiration date is what sets these options apart.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Validation Period

    The amount of time necessary for the premium on an insurance policy to cover the commissions, the cost of investigation, medical exams and other expenses associated with the issuance of the policy.

  2. Winner's Curse

    Because of incomplete information, emotions or any other number of factors regarding the item being auctioned, bidders can have a difficult time determining the item's intrinsic value. As a result, the largest overestimation of an item's value ends up winning the auction.

  3. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  4. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  5. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  6. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.
Trading Center