Series 7: 17.1.2 Consolidated Tape

Taken from our Series 7 Top-off Online Guide

17.1.2 Consolidated Tape

When an exchange-listed equity security is traded, it is generally reported to the consolidated tape. It is called the “consolidated” tape because it consolidates trade information for most listed securities from every exchange in the country. The particular exchange where the trade took place is not recorded on the tape.

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