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TS will not be EURO-ready unless Omega comes up with a patch until
the end of the year - backtesting will not be possible. Please put
pressure on them.
As mentioned before many Europaen instruments will convert to Euros
on the 1st of January. Furthermore many instuments like currency
futures will disappear and be replaced by Euro futures. This means
that symbol histories in TS will need to be converted into Euros
otherwise backtesting is not possible.
1 In theory the conversion can be done with the stock-split function
in the server. However the input field allows only for 5 digits
whereas the Euro conversion involves 7 digits by law.
2. In order to get proper OTC forex Euro histories it is necessary to
convert for example USDDEM histories into EURO histories. BUT the
dealing convention will be EURUSD. This means that the history needs
to INVERTED. THIS IS NOT POSSIBLE IN TS.
I have already communicated with tech-support regarding this matter
but they have not come up with an answer that this problem will be
solved - the are simply clueless.
I therefore suggest that AS MANY AS POSSIBLE users of TS communicate
this problem to techsupport and Bill Cruz otherwise we will be stuck
with useless histories on many instruments.
Please demand that histories can be inverted in the server and that
splits can be done with 7 digits and not just 5 digits UNTIL the 1st.
of January 1999. (These changes are trivial and just involve a few
man-hours of programming)
The relevant authorities are:
Mr. Cruz and techsupport.
officeofthepresident@xxxxxxxxxxxxxxxxx
TechSupp <TechSupp@xxxxxxxxxxxxxxxxx>
Sincerely,
Gerrit Jacobsen
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