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Consolidated Tape
The
"consolidated tape" is a high-speed, electronic system that reports
the latest price and volume data on sales of exchange-listed stocks. The data
reflected on the consolidated tape are generated by various market centers,
including all securities exchanges, electronic communications
networks (ECNs), and third-market broker-dealers. Internet sites that provide
updated market information and financial news programs on television often
include trade reports from the consolidated tape.
http://www.sec.gov/answers/consolt.htm
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