Consolidated Tape Association

(See third market) Consolidated Tape Association (CTA)
Operating authority for exchange-listed securities information. convertible bond
A bond that can be exchanged at the option of the holder into preferred or common stock at a preset ratio.

To help clear up this confusion, the central distributor of transaction prices for exchange-traded securities - the Consolidated Tape Association - implemented a system designed to make closing prices uniform.

See also: Market, New York Stock Exchange, Report, Action, Stock market