On Sun, 2014-06-29 at 07:59 -0700, Andrei Alexandrescu via Digitalmars-d wrote: […]
> A friend who works at a hedge fund (after making the rounds to the NYC > large financial companies) told me that's a myth. Any nontrivial > calculation involving money (interest, fixed income, derivatives, ...) > needs floating point. He never needed more than double. Very definitely so. Fixed point or integer arithmetic for simple "household" finance fair enough, but for "finance house" calculations you generally need 22+ significant denary digits to meet with compliance requirements. -- Russel. ============================================================================= Dr Russel Winder t: +44 20 7585 2200 voip: sip:[email protected] 41 Buckmaster Road m: +44 7770 465 077 xmpp: [email protected] London SW11 1EN, UK w: www.russel.org.uk skype: russel_winder
