13 Ağustos 2009 Perşembe

CNBC Ticker

CNBC Ticker Tape Terminology

I know that not everyone that trades is not a full-time trader, therefore not everyone owns a real-time software package. I do know that from time to time, everyone in this business sits down in front of the tube and turns on CNBC. For some of us, reading the Ticker Tape at the bottom of the screen is second nature. For the novice, understanding the numbers can be confusing at times, so I am going to attempt to piece the puzzle together for you.

First, there are two ticker tapes running on CNBC before, during, and after market hours. The top ticker tape, which is displayed in white, represents the NYSE stocks and is quoted in real-time. The bottom ticker tape, shown in blue, is the AMEX and NASDAQ stocks delayed 15 minutes. AMEX symbols are posted in four letters and NASDAQ trades on the bottom ticker use a five letter symbol.

Before the market opens and after the market closes, you can see all the settlement prices for every stock in alphbetical order. During the market, stock symbols are displayed as they are traded. About every minute the market summary will appear in the top ticker which gives you current broad market averages such as DJIA and other averages, ups, downs, tick, volume, etc.

Let's take a look at IBM 3 different ways to show you what the translation means:

IBM 120 1/2

- This means that 100 shares of IBM traded at 120 1/2

10sIBM 120 1/2

- This means that 1000 shares of IBM traded at 120 1/2

10.000s IBM 120 1/2

- This means that 10,000 shares of IBM traded at 120 1/2

Obviously this can vary from time to time as does everything in this business. But for now, the novice can now gain a better understanding of how to read the ticker tape.

Good Luck and Good Trading!

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