Digits Deleted

DEFINITION of 'Digits Deleted'

A designation on an exchange's ticker tape that refers to the absence of one or more price digits caused by tape delay. Digits deleted comes into effect when the tape announcements start falling too far behind trading activity. Only the last digit and fraction are reported until the tape catches up.

BREAKING DOWN 'Digits Deleted'

By deleting digits, the tape saves space and is able to report more prices in a shorter amount of time. When the tape catches up with the trading activity, the numbers begin reporting as normal. The end of digits deleted is known as digits resumed.

For example, the price of 34 1/5 would become 4 1/5 under digits deleted.

RELATED TERMS
  1. Tape Is Late

    A situation on the trading floor where trading volume is so heavy ...
  2. Fighting The Tape

    The action of placing a trade or trades that go against the ticker ...
  3. Runoff

    The procedure of printing the end-of-day prices for every stock ...
  4. Tape Reading

    An old investing technique used by day traders to analyze the ...
  5. Painting The Tape

    A form of market manipulation whereby market players attempt ...
  6. Tape Shredding

    When a broker divides an order for securities into a number of ...
Related Articles
  1. Trading Strategies

    5 Ways To Adapt To Tough Markets

    Tough markets undermine profitability and lower self-confidence. Fight back with five simple but powerful rules of engagement.
  2. Stock Analysis

    Western Digital Looks Like A Trader's Dream

    Western Digital's surprise highlights the volatility of the sector. The good news for investors is that Western Digital can see a 15% annual erosion in free cash flow for a decade and still be ...
  3. Trading Strategies

    Consider The Season On Trading Day

    Calendar and clock bias, better known as seasonality, is a frequently misunderstood concept that exerts a huge influence on the ticker tape.
  4. Trading Systems & Software

    Applying The MACD Indicator With MetaTrader 4: Editing and Deleting The MACD

    Editing the MACD Pressing CTRL + I on the computer keyboard will open a window that lists all indicators on the active chart, as shown in Figure 12. To change the inputs for the MACD (or any ...
  5. Technical Indicators

    Break Down Modern Market Trends To Grasp Movement

    Convergence points to dynamic conditions that can elicit strong trends while divergence suggests conflict, more typical of rangebound price action.
  6. Stock Analysis

    Digital Sales Slowdown Good for Barnes & Noble (BKS)

    In 2011, when Borders Books & Music closed, it seemed like the rise of digital books would ultimately doom the physical bookstore. That appeared to be very bad news for the remaining major ...
  7. Forex Education

    Bitcoin May Be The Currency Of The Future

    Forget the dollar or the euro. Bitcoin may be the next big currency to hit the world.
  8. Financial Advisors

    This Part of Estate Planning is Often Neglected

    In forming an estate plan, don't neglect your digital assets and legacy held in online accounts.
  9. Investing News

    Western Digital Hard Disk Future Looks Shaky (WDC, SNDK)

    The industry backdrop for hard disk drives remains challenged as some end markets are in secular decline, and flash continues to take share.
  10. Investing

    Top 5 Reasons For A Stock Slide

    Prices seldom drop without cause. Find out what might make your stock hit the skids.
RELATED FAQS
  1. Which of the following equity trades would appear on the ticker ...

    Free info on financial certification exams including study guides, exam questions, and much more! Read Answer >>
  2. How does the ISIN numbering system work?

    The International Securities Identification Numbering (ISIN) system is an international standard set up by the International ... Read Answer >>
  3. What are the fifth-letter identifiers on the Nasdaq?

    All of the companies traded on the Nasdaq have four-lettered tickers, which are representative of the actual company. For ... Read Answer >>
  4. Why does float usually increase at the beginning of the week?

    Find out more about float and how checking float is created in the American banking system. Learn more about why the Federal ... Read Answer >>
  5. How long does a stock that has done a reverse split keep the letter "D" at the end ...

    A reverse split is a corporate action whereby a company reduces the number of shares outstanding and increases the price ... Read Answer >>
  6. How can I delete some credit inquiries I have on my credit report?

    I was just approved for a Khols card. I have ... Read Answer >>
Hot Definitions
  1. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  2. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  3. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  4. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  5. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
  6. Basis Point (BPS)

    A unit that is equal to 1/100th of 1%, and is used to denote the change in a financial instrument. The basis point is commonly ...
Trading Center