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Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?


To: Kayaker who wrote (4579)11/30/1999 2:14:00 PM
From: qcom_datadept  Read Replies (1) | Respond to of 17977
 
Hi Kayaker,

I don't quite understand what you are referring to. Historically, the TYX.X has always used the xx.xx format... has it not? According to our historical database, this is the case, and my understanding of the TYX.X is that it is formatted in this fashion to accommodate option traders.

Please let me know...
Jay Frank
Financial Data Analyst
Client Services, Quote.com



To: Kayaker who wrote (4579)11/30/1999 5:54:00 PM
From: Gibbons Burke  Read Replies (3) | Respond to of 17977
 
TYX.X is quoted at ten times the interest rate because the options that trade on that index are denominated in those terms for convenience.

If you want to display that as the rate, simply enter the formula TYX.X /10 and that will convert it to the proper interest rate terms.

--
Gibbons