RetroSearch Browse

Wed Aug 2 14:48:13 CEST 2006 · https://mail.python.org/pipermail/python-dev/2006-August/067901.html

Michael Chermside wrote:
> Marc-Andre Lemburg writes:
>> You often have a need for controlled rounding when doing
>> financial calculations or [other reason snipped]
> 
> Hmm. Not in the banks _I_ have worked at! We *never* use binary
> floating point for money. The decimal class is fairly useful in
> that regard.

For accounting, I agree - banks would rather not lose too many
cents :-)

However, banks also tend to do more exotic things, esp. in investment
banking, where prices are not determined by taking the sum of a list
of values, but rather turn out to be the result of some calculus.

-- 
Marc-Andre Lemburg
eGenix.com

Professional Python Services directly from the Source  (#1, Aug 02 2006)
>>> Python/Zope Consulting and Support ...        http://www.egenix.com/
>>> mxODBC.Zope.Database.Adapter ...             http://zope.egenix.com/
>>> mxODBC, mxDateTime, mxTextTools ...        http://python.egenix.com/
________________________________________________________________________

::: Try mxODBC.Zope.DA for Windows,Linux,Solaris,FreeBSD for free ! ::::

Home - News ( United States | United Kingdom | Italy | Germany ) - Football scores

Showing content from https://mail.python.org/pipermail/python-dev/2006-August/067901.html below:

[Python-Dev] Rounding float to int directly ...