The history of the exchange's index provides a standard case example of large errors arising from seemingly innocuous floating point calculations.
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In January 1982 the index was initialized at 1000 and subsequently updated and truncated to three decimal places on each trade.
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Frederick L. Townley is an architect who designed many buildings in Vancouver, Canada, including Vancouver City Hall, the Great Northern Railway station (destroyed), the Capitol Theatre, Vancouver General Hospital, the Vancouver Stock Exchange Building, and the CNIB Building.