why do you say it is meaningless? Why is 6 decimal places meaningless? Correct me if I am wrong but 20 years ago the markets didnt trade 4 decimal points and now they do. What makes you so sure 6 decimal places is not in the future of the trading markets? What so wrong about looking ahead and anticipating the future? db
not if you consider the time sensivity of commission based trading. commissions, even discounted, will be a small share of total trades. b/ds will be in the biz for the spread and their own accounts. the 6 decimals affords another data element in the L3 representation of market action, imo.
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