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Hexadecimal floating point (now called HFP by IBM) is a format for encoding floating-point numbers first introduced on the IBM System/360 computers, and supported on subsequent machines based on that architecture, as well as machines which were intended to be application-compatible with System/360.
In comparison to IEEE 754 floating point, the HFP format has a longer significand, and a shorter exponent. All HFP formats have 7 bits of exponent with a bias of 64. The normalized range of representable numbers is from 16−65 to 1663 (approx. 5.39761 × 10−79 to 7.237005 × 1075).
The number is represented as the following formula: (−1)sign × 0.significand × 16exponent−64.