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»Forums Index »Archive (2017 and earlier) »IQFeed Developer Support »Stocks with more than 2 decimal places
Author Topic: Stocks with more than 2 decimal places (3 messages, Page 1 of 1)

darkpool
-Interested User-
Posts: 9
Joined: Jul 17, 2015


Posted: Jul 24, 2015 04:08 AM          Msg. 1 of 3
Hi,

I've noticed when pulling historical daily data, there are cases where certain stocks have more than 2 decimal places for open/high/low/close.

A few examples:

CDRB:

2002-04-26,0.0025,0.0025,0.0025,0.0025,300,0,
2002-04-24,0.0025,0.0025,0.0025,0.0025,3000,0,
2002-04-08,0.0025,0.0025,0.0025,0.0025,5000,0,

CIZ:

2000-10-23,17,17,17,17,300,0,
2000-10-20,16.875,16.750,16.875,16.750,1200,0,
2000-10-19,17.125,17.125,17.125,17.125,1000,0,
2000-10-18,0.000,0.000,0.000,17.375,0,0,
2000-10-17,0.000,0.000,0.000,17.375,0,0,
2000-10-16,17.375,16.875,16.875,17.375,3400,0,

EYES:

2012-10-25,0.0015,0.0015,0.0015,0.0015,200,0,
2012-10-01,0.0015,0.0015,0.0015,0.0015,1000,0,

Please could you advise how this happens and if it is correct? Shouldn't the maximum be 2 decimal places?

Thanks.

DTN_Tim Walter
-DTN Guru-
Posts: 1238
Joined: Apr 25, 2006


Posted: Jul 24, 2015 07:49 AM          Msg. 2 of 3
Good morning,

It is fairly common for us to get to 4 digits of precision from the exchange and they are normal and corrent. Here is one article discussing these types of situations, for your reference, though other conditions may have similar results.

https://www.nyse.com/publicdocs/nyse/markets/nyse/Sub_Penny_Notice_20091106.pdf

Tim

darkpool
-Interested User-
Posts: 9
Joined: Jul 17, 2015


Posted: Jul 24, 2015 11:40 PM          Msg. 3 of 3
Interesting. Thanks Tim.
 

 

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