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It doesn't matter for quant finance to use floats because approximate is perfectly fine. Tracking the exact amount to accounting standards is the job of the bro
by Onavo 4mo ago
It doesn't matter for quant finance to use floats because approximate is perfectly fine. Tracking the exact amount to accounting standards is the job of the brokerage team not the quant devs. Floats are fine for modeling as long as the numerical drift is accounted for.