Decimal Trading

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Decimal trading

The quotation and trading of stock or bond prices in decimals, as opposed to the quotation of prices in fractions.

Decimal Trading

Trading in which the price of a security is quoted using decimals rather than fractions to represent divisions of a dollar. That is, a quote in decimal trading would be $10.25 instead of $10 1/4. Decimal trading as become more common with digitalization. See also: Drill Bits.

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No references found			All remaining NASDAQ securities converted to decimal trading on April 9,2001. Tick size, order handling rules, and trading costs by Chung, Kee H.; Chuwonganant, Chairat / Financial Management In fact, they find an average decrease of 13 basis points, or roughly $224 million a month, in savings of institutional trading costs after moving to decimal trading. Market Microstructure. (Conferences) by NBER Reporter Innovation continued with the launch of the Toronto 35 Index in 1987, the introduction of North America's first decimal trading in 1996 and the shift to a floorless, all-electronic environment in 1997. FAST FORWARD by Cooper, John / CMA Management			debt service ratio Debt swap debt to equity ratio Debt Warrant Debt-Based Asset Debt-for-Equity Swap Debt-Service Coverage Ratio Debt-to-Capital Ratio Debt-to-Equity Ratio Debt-to-GDP Ratio Debt-to-Income Ratio Debt/EBITDA ratio debt/equity ratio Debt/Equity Swap Debtholder debtor debtor in possession Debtor in Possession Financing Debtor-in-Possession Financing Decaissement Deceased Alert decedent December Effect Decile Rank Decimal Pricing Decimal Trading Decimalization Decision Break-Point Analysis Decision Tree Deck Declarabele uren Declaracao de imposto de renda Declaracion de impuestos consolidada Declaracion impositiva Declaracion impositiva con informacion falsa Declaracion jurada declaration Declaration Date declaration of condominium ownership declaration of homestead declaration of restrictions declaration of trust Declaratory Judgment Declare Declared Dividend Declassement Decline Decliner Declining Balance Method Declining Balance Method of Depreciation Declining Industry			decimal place decimal place decimal places decimal places decimal point decimal point decimal point decimal points decimal points decimal points decimal potency decimal potency decimal potency Decimal pricing decimal processor Decimal Reference Publication Format Decimal representation Decimal separator Decimal separator Decimal separator Decimal Shift & Add decimal system decimal system decimal system decimal system of classification Decimal to ASCII DECIMAL TO BINARY / HEXADECIMAL TO BINARY DECIMAL TO BINARY / HEXADECIMAL TO BINARY DECIMAL TO BINARY / HEXADECIMAL TO BINARY DECIMAL TO BINARY / HEXADECIMAL TO BINARY Decimal Trading Decimal value Decimal value Decimal Voltage Output Decimal week decimal-binary switch decimal-coded digit decimal-to-binary conversion decimalisation decimalisation decimalise Decimalised decimalises decimalising decimalism decimalization decimalization decimalization decimalize decimalize decimalized decimalized decimalizes decimalizes decimalizing decimalizing decimally decimally Decimals Decimals decimate

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