Decimal trading

Decimal Trading
Decimal Trading definition :
The quotation and trading of stock or bond prices in decimals, as opposed to the quotation of prices in fractions.
FTSE 100, S&P 500 All In One ...

Decimal Trading
Financial & Investment Dictionary:
Decimal Trading
Home > Library > Business & Finance > Finance and Investment Dictionary ...

DECIMAL TRADING - The quotation and trading of stock or bond prices in decimals, as opposed to the quot...
DECIMALIZATION - The quotation and trading of stock or bond prices in decimals, as opposed to fractions...

Decimal Trading
A system in which the price of a security is quoted using a decimal format rather than fractions. For example, a decimal trading quote would be $56.25; using fractions, the same quote would appear as $56¼. The U.S.

The switch to decimal trading, which was completed in 2001, was the final stage of a conversion from trading in eighths, or increments of 12.5 cents.

Since the advent of decimal trading in mid-2000, the Securities and Exchange Commission has been reviewing its short-sale rule.

Performance over time, rated on a scale of 1-10. 1 indicates that a mutual fund's return is in the top 10% of funds being compared; while 3 means the return is in the top 30%.
Decimal trading ...

See also: Deferred account, Discount broker, Debt security, Bills, Convertible Bond