LED stock ticker displays latest market information and helps viewers to keep in touch with the changing market conditions. Banks, business schools, and other business markets use this display and update the latest market activity. Different types of LED data can be shown through tickers such as stocks, world indices, bonds, commodities, and currencies. Although we refer the as LED stock tickers, they also go by the names such as LED ticker tape, Wall Street ticker, Commodities ticker, Bloomberg ticker, Dow Jones ticker, CNBC ticker, Reuters ticker, NYSE Stock Ticker, NASDAQ Stock Ticker, and Jet stream. They are used for various purposes in different fields.
Stock ticker tape was the earliest digital electronic medium for communication. The transmission of stock price information was done with the help of ticker tape over telegraph lines. It is made by a paper strip which runs through a machine known as a stock ticker. Now computers and scoreboards came into existence replacing the need for manual scoreboard and ticker. A ticker tape consists of the ticker symbol, shares traded, price traded, change direction, and change amount. These symbols keep on scrolling continuously throughout the trading day. By looking at the number of letters in the stock symbol one can tell where a stock trades. To show how the stock is trading we can use colors on most of the tickers.
The financial ticker displays are very efficient in displaying latest stocks and share prices. We can also link it to certain financial ‘Newswire’ services, which show the current development and prices. Financial ticker displays should be fast and accurate, so as to provide the latest information. Based on the strength of the information on these displays a lot of money can be made or lost. You can connect this stock market ticker tape with Reuters, Bloomberg, and Dow Jones. These tickers are also used in a stock market exchange where it updates the latest data. Led stock ticker is also known as a scrolling LED display which shows latest share prices and stocks. The main objective of these tickers is to provide the latest information in an efficient way.
Each entry on a stock ticker tape gives unique information. The stock symbol represents the price per share at which the execution of trade was done. Up or down triangle shows if that price is high or low by comparing it to the last closing price. In, electronic ticker tapes, a green sign indicates higher trading price whereas red represents low. Further, the blue and white represent no change in the process. Before electronic transmission of information, brokers whose offices were to the stock exchange took advantage of receiving data earlier. Earlier, these tapes came as a single color in 80’s ranging to tri color in 2000. Now full color LED tapes are available.
Stock market ticker tape has been extensively used all over the world because of its efficiency and simple design. CNBC is the most famous leader in the field of business news and financial market coverage. It provides this coverage to more than 100 million people in North America. It also streams the latest headlines for Politics, Finance, Earning, Economy, Business, and World News. Thus, led stock ticker covers almost all the fields related to your daily life. It fits best in the present scenario, by providing its best in every field. Thus, there is a vast scope for traders in this field.