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Tape Is Late

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Tape is late
When the trading volume is so heavy that trades appear on the tape more than a minute behind the timer they actually take place.

tape is late
See late tape.

Tape Is Late
A situation in which trading volume for a security is so heavy that the ticker publicly announcing quotes is delayed by a significant amount of time, usually one or two minutes. This was fairly common before electronic tickers were used, but has become largely a non-issue since electronic tickers announce prices in real time.


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