decimalized

HFT got its start in 2001 when the SEC ruled that stock prices, instead of rising or falling by 1/16 of a point as they had in the past, would henceforth be decimalized and denominated in pennies -- 1/100 of a point.

Ted Kaufman: Critical Imbalances in Our Stock Market Ted Kaufman 2011

Regulators and the exchanges want to come up with a standardized way to handle market volatility that is simpler than the current rule, which was established in the late 1980s before trading became largely computerized and decimalized, these people said.

SEC, US Exchanges Agree To Create Market-Wide Circuit Breakers 2010

Once we decimalized, it became necessary to distinguish between the old penny and the new the coin worth 6d in ‘old’ money was retained for some years, but was now worth 2½p in the new.

Weak form loss | Linguism 2009

Mr. Fenmore raised his hand and asked them what zero multiplied by 1.6 billion was, to which Dick replied, Congratulations, you have just asked the dumbest question in the history of decimalized mathematics.

The Beautiful Miscellaneous Dominic Smith 2007

Mr. Fenmore raised his hand and asked them what zero multiplied by 1.6 billion was, to which Dick replied, Congratulations, you have just asked the dumbest question in the history of decimalized mathematics.

The Beautiful Miscellaneous Dominic Smith 2007

Until British currency was decimalized in 1971, "pence" was represented by "d," an abbreviation for denarius.

Roman Coin Cache Discovered 2000

Many day traders gave up on online stock trading after North American exchanges completed the switch to decimalized pricing in 2001.

The Globe and Mail - Home RSS feed John Daly 2011

Dick (2010) provides a very accessible discussion of some of the perils of using limit orders in a decimalized electronic market; Linnainmaa (2010) provides a more comprehensive discussion of problems with limit orders.

Forbes.com: News Elizabeth MacBride 2011

HFT got its start in 2001 when the SEC ruled that stock prices, instead of rising or falling by a sixteenth of a point as they had in the past, would henceforth be decimalized and denominated in pennies--1/100 of a point.

The Full Feed from HuffingtonPost.com Ted Kaufman 2011

Since American financial markets became decimalized in early 2001 they have become much more volatile, even as they are less liquid. rss

Forbes.com: News 2009