4 ms·
And how do they round ties? Does 0.00005% round to 0.0001%? Is tie breaking usually included in such contracts?
by cornstalks 3y ago
And how do they round ties? Does 0.00005% round to 0.0001%? Is tie breaking usually included in such contracts?
- RandomLensman 3y agoFor these benchmarks, yes, that is defined. Where issues could come in is when these things are multiplied with a bunch of other numbers (each number with defined rounding but not after each operation) and then have some defined rounding at the end. There different computer numerics could in give slightly different results, but those can easily be resolved on settlement (for small stuff that stays well within the back offices - at least that is how I remember it). Also, not totally unusual for one or both participants to forget about some rounding they might have agreed bilaterally if it was some one off etc.