Consolidated Tape System
Encyclopedia
The Consolidated Tape System (CTS) is the electronic service, introduced in April 1976, that provides last sale and trade
data for issues
admitted to dealings on the American Stock Exchange
, New York Stock Exchange
, and U.S. regional stock exchanges
.
The Consolidated Tape Association
(CTA) is the operating authority for both the Consolidated Quotation System
(CQS) and the Consolidated Tape System (CTS).
Trader (finance)
A trader is someone in finance who buys and sells financial instruments such as stocks, bonds, commodities and derivatives. A broker who simply fills buy or sell orders is not a trader, as they are merely executing instructions given to them. According to the Wall Street Journal in 2004, a managing...
data for issues
Stock
The capital stock of a business entity represents the original capital paid into or invested in the business by its founders. It serves as a security for the creditors of a business since it cannot be withdrawn to the detriment of the creditors...
admitted to dealings on the American Stock Exchange
American Stock Exchange
NYSE Amex Equities, formerly known as the American Stock Exchange is an American stock exchange situated in New York. AMEX was a mutual organization, owned by its members. Until 1953, it was known as the New York Curb Exchange. On January 17, 2008, NYSE Euronext announced it would acquire the...
, New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
, and U.S. regional stock exchanges
Regional stock exchange
A regional stock exchange is a term used in the United States to describe stock exchanges that operates outside of the country's main financial center in New York City...
.
The Consolidated Tape Association
Consolidated Tape Association
The Consolidated Tape Association oversees the dissemination of real-time trade and quote information in New York Stock Exchange and American Stock Exchange listed securities...
(CTA) is the operating authority for both the Consolidated Quotation System
Consolidated Quotation System
The Consolidated Quotation System is the electronic service that provides quotation information for stock traded on the American Stock Exchange, New York Stock Exchange, and other regional stock exchanges in the United States and also includes issues traded by FINRA member firms in the third market...
(CQS) and the Consolidated Tape System (CTS).