Late tape

Late Tape
Financial & Investment Dictionary:
Late Tape
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Late tape
A delay in the display of price changes on the tape of an exchange because of heavy trading. In severe instances the first digit of each price is intentionally deleted.

Late Tape
A delay is displaying price changes of securities. This usually occurs on an especially heavy trading day. When the tape is greater than five minutes late, the security's price is shown without its first number.

See: Late Tape; Tape
Dilution
The effect on book value per share and earnings per share if all stock options or warrants are exercised or all convertible securities are converted.
See: Convertible Securities; Warrant ...

A fee a credit grantor charges a borrower for a late payment.
Late tape ...

Used for listed equity securities. Series of trades printed on the ticker tape that occur on the N.Y.S.E. before 4:00 p.m., but are not reported until afterwards due to heavy trading and hence the late tape.

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Topic: Business