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Contemporary map of the 1858 transatlantic cable route. Transatlantic telegraph cables were undersea cables running under the Atlantic Ocean for telegraph communications. . Telegraphy is an obsolete form of communication, and the cables have long since been decommissioned, but telephone and data are still carried on other transatlantic telecommunication
In finance, a failure to deliver (also FTD, plural: fails-to-deliver or FTDs) is the inability of a party to deliver a tradable asset, or meet a contractual obligation. A typical example of a failure to deliver is when a purchaser of a security does not have the cash, or shares as part of a short transaction .
The Daily Telegraph was founded in 1879, [5] by John Mooyart Lynch, a former printer, editor and journalist who had once worked on the Melbourne Daily Telegraph. [6] Lynch had failed in an attempt to become a politician and was looking to start his own paper to reflect the opinion of the common working man.
Short selling is a form of speculation that allows a trader to take a "negative position" in a stock of a company.Such a trader first borrows shares of that stock from their owner (the lender), typically via a bank or a prime broker under the condition that they will return it on demand.
A postal, telegraph, and telephone service (or PTT) is a government agency responsible for postal mail, telegraph, and telephone services. Such monopolies existed in many countries, though not in North America, Japan or Spain. Many PTTs have been partially or completely privatised in recent years.
Cooke and Wheatstone's five-needle telegraph from 1837 Morse telegraph Hughes telegraph, an early (1855) teleprinter built by Siemens and Halske. Electrical telegraphy is a point-to-point text messaging system, primarily used from the 1840s until the late 20th century.
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