The spelling of "tickertape parade" is generally straightforward. It is comprised of two words, "ticker" and "tape," with "parade" added to indicate a celebratory procession. The tricky part of the word is its pronunciation, which is often misinterpreted. In IPA phonetic transcription, it is spelled /ˈtɪkərteɪp pəˈreɪd/, with the stress falling on the second syllable of "tickertape." This spelling can help people more accurately speak and understand the term. The term originates from the practice of throwing tickertape from trading offices to celebrate big events such as parades.
A ticker tape parade refers to a celebratory event wherein a large-scale parade or procession takes place through the streets of a city, typically to honor a distinguished individual or team for an exceptional accomplishment or victory. The term "ticker tape" originates from the paper used for stock market or financial information, which was once employed to create a festive atmosphere during parades.
During a ticker tape parade, thousands of spectators line the streets, cheering and applauding the participants as they pass through. The parade often features floats, marching bands, military units, and prominent individuals or groups being honored, who may be riding in open vehicles or walking. These events are renowned for their enthusiastic atmosphere, with confetti or shredded paper being tossed from buildings and windows, creating a dramatic image of ticker tape raining down on the parade route.
Ticker tape parades have historically been held to applaud various milestones, such as sporting achievements, military triumphs, or significant contributions to society. They serve as a public display of appreciation and recognition for extraordinary accomplishments, uniting a community in celebration. Notable examples of ticker tape parades include the reception of astronauts returning from space missions in the United States, welcoming home Olympic medalists, and honoring individuals who have made significant contributions in various fields.
Overall, a ticker tape parade is a joyous and festive event, symbolizing the admiration and gratitude of a community or nation towards exceptional individuals or teams who have achieved remarkable success.
The term "tickertape parade" originated from the practice of throwing shredded ticker tapes—printed with stock market information—out of windows during celebrations. Ticker tapes were long continuous sheets of paper on which stock quotes were displayed in telegraph offices using ticker machines. These machines would produce a continuous stream of printed tape with updated information on stock prices and other financial news.
In the early 20th century, when a significant event or accomplishment occurred, people in the financial district of New York City would celebrate by throwing the ticker tape out of their office windows. The first recorded ticker tape parade took place in October 1886, when Wall Street workers spontaneously celebrated the dedication of the Statue of Liberty.
Over time, ticker tape parades came to be associated with honoring heroes, such as military veterans, successful athletes, explorers, and other national figures.