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; however, now it is commonly substituted with confetti.
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]