I noticed that for some instruments, price values have unknown data format for me. Example for the instrument 912810RT7=RRPS :
How can I interpret these values? Is there an alternative way to query the data for the =RRPS RICs which would display the prices as decimal values, rather than fractional?
To search the price for the latest quote, I look via Quote window for the specified RIC.
Hi,
Thank you for your participation in the forum.
Is the reply below satisfactory in answering your question?
If yes please click the 'Accept' text next to the most appropriate reply. This will guide all community members who have a similar question.
Otherwise please post again offering further insight into your question.
Thanks,
AHS
Please be informed that a reply has been verified as correct in answering the question, and has been marked as such.
Thanks,
AHS
US Treasuries by convention are quoted in 32nds with minimum price fluctuation of 1/8 of a 32nd or 1/256. The notation on the offer side of the quote in your screenshot is interpreted as 116 + (26 + 1/4)/32 = 116.8203125. If you retrieve SEC_ACT_1 field, which provides the offer side of the quote, into Excel or using Eikon APIs, the data will be returned as a decimal value. Eikon displays the quote in 32nds because this is how traders dealing in US Treasuries are used to view it.
