Decimal trading will benefit investors by allowing greater competition and making it easier to compare prices, ... It will also bring about consistency with foreign markets, which now trade in decimals. We look forward to working with the industry to ensure that the transition to decimals goes smoothly.
Quotes about decimals (6 Quotes)
It's certainly more intuitive and reasonable to go with decimals. We think it's just a benefit that will accrue to investors in the form of narrow spreads.
In a few years, all great physical constants will have been approximately estimated, and that the only occupation which will be left to men of science will be to carry these measurements to another place of decimals.
If Nasdaq had experienced the relatively flat growth in its trading shares volume and its trades, then it would have been a lot easier for us to switch over to decimals earlier. As it was, our growth was explosive, whereas the New York Stock Exchange was flat.
This positions us to be competitive on a global scale and brings investors the benefit of greater liquidity, ... I think it's very appropriate that we analyze the performance of the market in the pre and post decimalization period, with special attention being given to making certain that public investors are treated as well in decimals as they have been in fractions for the past 208 years.
I continued to do arithmetic with my father, passing proudly through fractions to decimals. I eventually arrived at the point where so many cows ate so much grass, and tanks filled with water in so many hours I found it quite enthralling.