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US treasury price conversion eg 123'18.5 to 123.536
Hi Friends I look forward to your email / help Thanks
- Thank you all for your time and input.
Hans Vogelaar : your setout with reverse calculation was a winner ..... I tested all 100% ..... excellent
Sergei Baklan : your set out to part of the question ... again worked well ... thank you
Also not correct. If without rounding it returns 123.5645, but it shall be
Price conversion between fractional and decimal notation (iotafinance.com)
0.5625 corresponds to 18/32, so it ignores the .5 at the end...
You are right. Strange, why do we need it if so?
Too complex for me Microsoft Word - Treasury Futures Price Rounding Conventions _March 2010.docx (cmegroup.com)
I think the OP will have to tell us what they really need.