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 / Updated  / Source: TODAY
By Rebekah Lowin

It's confirmed: The U.S. Women's Soccer Team will be the first women's team to have a ticker-tape parade held in their honor.

On Friday, July 10th, New Yorkers will celebrate the team's World Cup championship win with a ticker-tape parade, as well as a ceremony at City Hall. And between 2 p.m. and 4 p.m. ET on Wednesday, July 8th, you'll have your chance to sign up to attend.

The parade is the brainchild of Manhattan borough president and politician Gale Brewer, who recently created an online petition on Change.org to ask New York City Mayor Bill de Blasio to grant it to the team.

"New York City has a strong history of honoring sports achievements in the Canyon of Heroes, but has never held a parade to honor a women’s team," she wrote on the page.

"Our newest soccer champions represent an opportunity for New York to recognize that heroes and role models come in all genders."

Mayor Bill De Blasio will be in attendance, having tweeted about the event late Tuesday afternoon.

The 1986 Mets had a parade, as did the 2009 Yankees and athletes from the 1984 Olympics. Now, it's the women's turn.

This will also be the first ticker-tape parade in more than three years; the last time a parade like this was held was after the New York Giants won Super Bowl XLVI in 2012.

So, what is a "ticker-tape parade"? It's a traditional celebratory walk exclusive to the Big Apple and dating back to 1886. And it all goes in the Canyon of Heroes.

And what about ticker tape?

As reported by NBC News, the antiquated tape was traditionally waved in celebration by members of the parade, but it grew harder and harder to find as the 1960s rolled around:"[The] curling streamers were, of course, cut-up ticker tape — a one-inch wide-ribbon of paper that stock quotes were recorded on by a "ticker" machine — thrown out of office windows high above Broadway."