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Financial encyclopediaReviewed 2026-10-23

Consolidated Tape

The "consolidated tape" is a high-speed, electronic system that reports the latest price and volume data on sales of exchange-listed stocks. The data reflected on the consolidated tape are generated by various market centers, including all National Securities Exchanges and Alternative Trading Systems , and broker-dealers trading off exchanges.  Websites that provide updated market information and financial news programs on television often include trade reports from the consolidated tape.

Sources and references ↗
PROFILE / FACT FILE

Concept at a glance

Term
Consolidated Tape [1]
Subject area
Investor.gov glossary [1]
Jurisdiction / scope
US regulatory and investor-education context [1]
Primary reference
SEC · Investor.gov [1]

Definition and explanation

The "consolidated tape" is a high-speed, electronic system that reports the latest price and volume data on sales of exchange-listed stocks. The data reflected on the consolidated tape are generated by various market centers, including all National Securities Exchanges and Alternative Trading Systems , and broker-dealers trading off exchanges.  Websites that provide updated market information and financial news programs on television often include trade reports from the consolidated tape. [1]

Source-supported connections

Consolidated Tape → Mentioned in the official explanation → Broker [1]

Frequently asked questions

What does Consolidated Tape mean in the cited reference?

The "consolidated tape" is a high-speed, electronic system that reports the latest price and volume data on sales of exchange-listed stocks. The data reflected on the consolidated tape are generated by various market centers, including all National Securities Exchanges and Alternative Trading Systems , and broker-dealers trading off exchanges.  Websites that provide updated market information and financial news programs on television often include trade reports from the consolidated tape. [1]

RELATION MAP

Consolidated Tape connection map

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Consolidated Tape

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Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. US SEC · Investor.gov — Consolidated Tape ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.