Tag6

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Imported from previous forum

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Hi,

For sending Average Trade Price in Tag6, what is the correct way to handle decimal places?
In execution report what should be the max number of places after decimal?
What should be the truncation policy? Should it be truncate down, truncate up OR Rounding?

Thanks in Advance
Sachin

3

Sachin,

I do not think there is any standard for this. It really depends on client requirement I guess…

On our side, we really truncate it to a certain no of decimal places (usually 4…)