[plt-dev] Re: [PRL] Programming Languages in the Code of Federal Regulations

From: Michael Sperber (sperber at deinprogramm.de)
Date: Tue Apr 27 07:47:56 EDT 2010

Andrew Reilly <areilly at bigpond.net.au> writes:

> On Tue, 27 Apr 2010 09:11:24 +0200
> Michael Sperber <sperber at deinprogramm.de> wrote:
>> I'll point out that floating-point vs. BCD or something like it is SO
>> not an issue with the real-world financial calculations the SEC is
>> worried about.  (Well, it is an issue for the calculations, but it is
>> not an issue for the people doing them.)  Most everyone in that
>> community has long accepted binary floating-point as completely adequate
>> for doing financial calculations for complex products.
> That would be why Python and Java (at least) now have decimal
> floating point data types, and why the new IBM P7 processors have
> decimal floating point in hardware, and why the IEEE have
> ratified decimal floating point extensions to IEEE-754.  (Check
> out the Wikipedia entry for IEEE 754-2008 for a quick overview.)

No, it isn't.  You may want to re-read what I wrote.

Cheers =8-} Mike
Friede, Völkerverständigung und überhaupt blabla

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