Delay in displaying price changes because trading on a stock exchange is particularly heavy. If the tape is more than five minutes late, the first digit of a price is deleted. For instance, a trade at 62.75 is reported as 2.75. See also Digits Deleted.
Late Tape
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 | Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved. Read more |
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