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, actual ticker tape was used, but now mostly confetti is substituted.
The concept originates in and is most usually associated with the United States, especially New York City. Outside the United States, ticker-tape parades are often associated with the 1978 FIFA World Cup held in Argentina.[1][2][3]