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I still see a lot of stock trades with 1/32s and 1/64s. I think they are
there because of relative price or that they are trades between houses.
Agree that decimals should rule and will within 2 years.
Richard Estes
-----Original Message-----
From: Al Taglavore <altag@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, July 11, 1998 2:41 PM
Subject: Re: US Stocks - Fractions
>Minimum trading tic is 1/16 on all listed issues I know of. Would it be
>easier to quote as .375 or
>6/16's? Bonds trade in 1/32 increments. I guess it is what one is
>accustomed to using. The Downloader will allow you to list it as you wish.
>
>Al Taglavore
>----------
>> From: Ian Mitchell <ianm@xxxxxxxxxxxxx>
>> To: metastock post <metastock@xxxxxxxxxxxxx>
>> Subject: US Stocks - Fractions
>> Date: Friday, July 10, 1998 4:33 PM
>>
>> I live in Australia. I read US stock prices for the few US shares I have
>on
>> Bigcharts. They are always expressed in fractions, and I have to convert
>to
>> decimal to plot and make sense of them. Why in a country which has had a
>> decimal currency for longer than most are stocks still expressed this
>way?
>> Are there sites similar to Bigcharts which express them in decimal?
>>
>> Regards
>> Ian
>>
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