Ticker-tape parade

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 stock ticker paper tape was used, but confetti is now used.

The concept originates in and is most usually associated with the United States, especially New York City. After Argentina won the 1978 FIFA World Cup it was reported that a ticker tape celebration was held.