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HealthMarkets was founded in 1983 by Ronald Jensen under United Insurance Companies, Inc. (UICI) [1] Through its focus on the then-untapped market of self-employed workers, the company was able to grow earnings by more than double between 1984 and 1985. In 1986, UICI made its first public stock offering.
Ticker tape was the earliest electrical dedicated financial communications medium, transmitting stock price information over telegraph lines, in use from around 1870 to 1970. It consisted of a paper strip that ran through a machine called a stock ticker , which printed abbreviated company names as alphabetic symbols followed by numeric stock ...
Quotron was a Los Angeles–based company that in 1960 became the first financial data technology company to deliver stock market quotes to an electronic screen rather than on a printed ticker tape. The Quotron offered brokers and money managers up-to-the-minute prices and other information about securities. [1]
A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock or security on a particular stock exchange. Ticker symbols are arrangements of symbols or characters (generally Latin letters or digits) which provide a shorthand for investors to refer to, purchase, and research securities.
As well as cutting costs and improving the quality of data, the FCA said the reforms would "increase transparency and access to trading data". The consolidated tape system is to be set up initially for the UK's bonds market followed by equities. A competitive tender process is to be opened up that would see a single firm providing the CT for bonds.
His system received the ticker transmissions from the various stock and commodity exchanges. These were then automatically interpreted by a hard wired digital computer updating a drum memory with the last sale prices and at the same time computing and updating highs and lows and total volume for each stock. As these items were updated a data ...