Comments on: Living in Pixelland http://www.bella-consults.com/pixelland Musings of the office dog at Bissantz Thu, 03 Mar 2011 15:00:58 +0100 http://wordpress.org/?v=2.9.2 hourly 1 By: Mariano Belinky http://www.bella-consults.com/pixelland/comment-page-1#comment-91 Mariano Belinky Tue, 22 May 2007 09:53:12 +0000 http://www.bella-consults.com/pixelland#comment-91 When quoting stocks and other financial instruments, you do need two decimal points because that's the financial standard. The US financial system used to quote using fractions. n/8, n/16, n/32 and n/64 depending on the financial instrument. A couple of years ago, if I'm not mistaken, the US (which was the main user of the fractional system) finally moved to decimal representation, and the convention is that you use two decimal places to maintain (or improve on) the precision that the fractional system had. So when quoting financial instruments, you do need the 2 decimal places. It's a different matter if you use sparklines for a different application. I would add a pixel or two between the hi|lo quotes, by the way. They seem just a bit too tight. When quoting stocks and other financial instruments, you do need two decimal points because that’s the financial standard. The US financial system used to quote using fractions. n/8, n/16, n/32 and n/64 depending on the financial instrument.
A couple of years ago, if I’m not mistaken, the US (which was the main user of the fractional system) finally moved to decimal representation, and the convention is that you use two decimal places to maintain (or improve on) the precision that the fractional system had.
So when quoting financial instruments, you do need the 2 decimal places. It’s a different matter if you use sparklines for a different application.

I would add a pixel or two between the hi|lo quotes, by the way. They seem just a bit too tight.

]]> By: Stephen http://www.bella-consults.com/pixelland/comment-page-1#comment-80 Stephen Tue, 15 May 2007 08:16:12 +0000 http://www.bella-consults.com/pixelland#comment-80 Nice (to the point) post. What about those decimal places - do we really need 2? Nice (to the point) post. What about those decimal places – do we really need 2?

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