Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-18 Thread Samuel D. Colak
Title: Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications Read the WIKI on floating multiplication particularly towards the bottom. Thats the reason why you get an error during arithmetic operations. As I said, usually FP is 2^64-1 (double precision) - single is 2^32-1

RE: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-18 Thread Gordon Smith
: flexcoders@yahoogroups.com [mailto:flexcoders@yahoogroups.com] On Behalf Of Samuel D. Colak Sent: Friday, August 18, 2006 12:27 AM To: flexcoders@yahoogroups.com Subject: Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications Read the WIKI on floating multiplication

Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-17 Thread ryanm
Apparently you acknowledge that it would work but need to keep BigDecimal for other reasons. I get the impresson that they want some calculations to be done real time on the client, and for that a BigDecimal object would be needed in the client as well as on the server. ryanm --

Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-17 Thread Anatole Tartakovsky
Ryan, With double, precision should not be an issue - usually money datatype is limited to 18 digits and in most practical applications is limited to 11-12 digits. If you work with doubles (16+ correct digits)t would takequite afew operations to get precision under 12 digits. In terms of

Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-17 Thread Samuel D. Colak
Title: Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications Guys, FP precision is based upon the machine capabilities. Normally this is guaranteed to 2^64 1 as FP is usually encoded using 2*32 bit registers on mac and on PC 32 bit. Big or Small Edian aside, the IEEE

RE: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications

2006-08-17 Thread Gordon Smith
: Thursday, August 17, 2006 3:58 PM To: flexcoders@yahoogroups.com Subject: Re: [SPAM] Re: [flexcoders] Re: decimal numbers in financial applications Guys, FP precision is based upon the machine capabilities. Normally this is guaranteed to 2^64 1 as FP is usually encoded using 2*32 bit

Re: [SPAM] RE: [flexcoders] Re: decimal numbers in financial applications

2006-08-16 Thread ryanm
We worked closely with many enterprise customers, including financial ones, during our development phase and beta period, and support for decimal arithmetic was not a priority for them. I've also read many thousands of FlexCoders and Beta list emails during the Flex 1, 1.5, and 2 cycles, and