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Re:Get Ready to See Stock Prices in Half-Pennies by boyesm on Wednesday September 18, 2024 @12:16PM (#41581816)
Re:Get Ready to See Stock Prices in Half-Pennies by Kon-Peki on Wednesday September 18, 2024 @02:29PM (#41583698)
A better plan would be to abandon the 2001 decimalization of the quotes and go back to base-2 fractions of dollars. Except allow the smallest quotes to be in either 1/128th or 1/256th of a dollar ($0.0078 or $0.0039).

At that point, IEEE754 floating point can start representing all quotes exactly, like they did in the old days.