The term "ticker-tape parade" originated from stock trading. In New York City, parades would be held to celebrate something, and people would throw the closest thing they had to confetti: the tape used to communicate stock prices.
On Thursday, the city of New York will once again celebrate with a ticker-tape parade through the Financial District, this time in honor of the Knicks winning the NBA title for the first time in 53 years. The Knicks brought the city alive over the last two months as they worked their way through the playoffs with the steady determination of Jalen Brunson and the smart management of coach Mike Brown. Now, they'll get their flowers – or, more accurately, their piles of shredded paper.
