Editing Decimalisation (section)

=== Securities ===
In the special context of quoting the prices of stocks, traded almost always in blocks of 100 or more [[Share (finance)|share]]s and usually in blocks of many thousands, stock exchanges in the United States used eighths or sixteenths of dollars, until converting to decimals between September 2000 and April 2001.<ref>{{cite web|url=https://www.sec.gov/news/testimony/ts092000.htm|title=SEC Testimony: Decimal Pricing in the Securities and Options Markets (A. Levitt)|work=sec.gov}}</ref>

Similarly, in the United Kingdom, the prices of government securities continued to be quoted in multiples of {{frac|32}} of a pound ({{frac|7|1|2}}&nbsp;d or {{frac|3|1|8}}&nbsp;p) long after the currency was decimalised.