The National Directory of Certified Public Accountants

Ask A CPA - Investments & Financial Planning

Do Foreign Stock Markets Use Decimalization Or Fractional Reporting ?

The U.S. stock and options markets are the only major markets still trading in fractions. The conversion to decimal pricing is intended to make the U.S. markets more compatible with other related markets. This conversion will make the U.S. markets more competitive with foreign markets, which already price, quote and trade in decimals.

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