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by dmurray 6 days ago
> So, unless you are a Spanish trader from the 16th century or have a book with fractional stocks from the 90s, HandsOnMoney will serve you well.

US treasury futures are still priced in 32nds of a dollar increments. Sorry, that's not true, they're quoted in 32nds, but sometimes priced in half-, quarter- or eighth-32nds. One might trade at 105-22.5, which means 105 and 45/64ths.

https://www.cmegroup.com/trading/interest-rates/basics-of-us...
1 comments
vitalikpie 6 days ago
God damn it! I did not bother to check the treasury. Thank you for catching mistake - I will correct it.

I knew there will be something to hunt minor units.

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kulkarnic 6 days ago
Treasuries, MBS, most non-corporate bonds all trade in eighths or 64ths. Coupon rates are in eighths as well.

Commodities I think no longer do, but did until recently.

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