I will be rolling out a change tonight that will limit any bid or ask order to a maximum of 4 significant digits. What does this mean? Here are some examples:
Bid Becomes
10123.5 10120.0
1012.35 1012.00
101.235 101.200
10.1235 10.1200
1.01235 1.01200
0.101235 0.101200
0.0101235 0.0101200
Correct me if I'm wrong, but should the last 2 also be rounded?
Also, what about the stocks with very low prices like B.YAMBC, BTC-GOLD etc. 0.0003 or 0.0004 is a huge difference there. Maximum number of digits should be depending on stock price and not fixed.Nevermind (fixed quote), so the 4 significant digits are counted after the first non-zero digit
I'd be happy, if you would announce major changes like this with a leadtime of 24+ hours and more visible in the future.

+1
BTW, does this also affect LTC-Global?
It will affect LTC-Global too, yup.
You're both right, for this one I'll wait until tomorrow (monday) ~2000 UTC to make the change.
Cheers.