A ticker-tape parade is a parade event held in an urban setting, characterized by large amounts of shredded paper thrown onto the parade route from the surrounding buildings, creating a celebratory flurry of paper. Originally, actual ticker tape was used, but now mostly confetti is substituted.
The term originated in New York City after a spontaneous celebration held on October 28, 1886, during the dedication of the Statue of Liberty[4] and is still most closely associated with New York City. The term ticker tape originally referred to the use of the paper output of ticker-tape machines, which were remotely driven devices used in brokerages to provide updated stock marketquotes. The term ticker came from the sound made by the machine as it printed.[5]
The section of lower Broadway through the Financial District that serves as the parade route for these events is colloquially called the "Canyon of Heroes". More than 200 black granite strips embedded in the sidewalks along the Canyon of Heroes list honorees of past ticker-tape parades.[8] By the early 21st century, such parades became far more infrequent, largely limited to championship sports teams, and celebrations of the return of astronauts and military troops.
Ticker tape technology became obsolete in the 1960s, as television and computers came into use for transmitting financial information. Modern parades utilize waste office paper and toilet paper that have been cut using conventional paper shredders.[9] The city also distributes paper confetti.[10]
Santos, Fernanda (11 June 2008). "Super Bowl-Winning Giants Get Canyon of Heroes Honor". The New York Times. Retrieved 4 August 2008. The plaque is one of the more than 200 granite strips in a route known as the Canyon of Heroes, marking those who have been honored by the city with ticker-tape parades.
This article uses material from the Wikipedia article Ticker_tape_parade, and is written by contributors.
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