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KF5JRV > TODAY 16.11.19 21:36z 13 Lines 1261 Bytes #999 (0) @ WW
BID : 17815_KF5JRV
Read: GUEST
Subj: Today in History - Nov 15
Path: HB9ON<IW0QNL<OK0NBR<F3KT<CX2SA<N3HYM<NS2B<KF5JRV
Sent: 191115/1240Z 17815@KF5JRV.#NWAR.AR.USA.NA BPQK6.0.18
On November 15, 1867, the first stock ticker is unveiled in New York City. The advent of the ticker ultimately revolutionized the stock market by making up-to-the-minute prices available to investors around the country. Prior to this development, information from the New York Stock Exchange, which has been around since 1792, traveled by mail or messenger.
The ticker was the brainchild of Edward Calahan, who configured a telegraph machine to print stock quotes on streams of paper tape (the same paper tape later used in ticker-tape parades). The ticker, which caught on quickly with investors, got its name from the sound its type wheel made.
The last mechanical stock ticker debuted in 1960 and was eventually replaced by computerized tickers with electronic displays. A ticker shows a stock’s symbol, how many shares have traded that day and the price per share. It also tells how much the price has changed from the previous day’s closing price and whether it’s an up or down change. A common misconception is that there is one ticker used by everyone. In fact, private data companies run a variety of tickers; each provides information about a select mix of stocks.
73, Scott KF5JRV
Pmail: KF5JRV @ KF5JRV.#NWAR.AR.USA.NA
Email: KF5JRV@GMAIL.com
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