Fast Tape
A type of futures market that occurs when a single traded price is unavailable because of the rapid and large number of transactions occurring in the pit or ring.
Rather than quoting a specific price, a fast tape will give a range of prices marked by the word "fast" to indicate that the market is moving rapidly.
Rather than quoting a specific price, a fast tape will give a range of prices marked by the word "fast" to indicate that the market is moving rapidly.
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