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Investing > Late Tape

The following information is about Late Tape.

Late Tape Defined

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. For example, a trade that occurred at 43 1/8 will be displayed as 3 1/8.

See Also: Digits Deleted; Tape

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