TimeKeeper Competitive Survey TimeKeeper time and clock synchronization sets the standard for Enterprise and for Financial Trading. TimeKeeper management, fault-tolerance, traceable audit, and superior accuracy are not matched by any other product. This technical note compares TimeKeeper’s operation in the presence of a common network issue with the operation of free software provided to purchasers…
Experience with MiFID2 Implementation MiFID II Clock Sync Lessons Learned FSMTime gives a talk at the Time and Money Conference 2018, NY Stock Exchange. See Presentation
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Not only does MiFID II explicitly require working clock synchronization, many of the recordkeeping requirements cannot be met if time is not verifiably synchronized during the entire trading day. Here’s what you need to know. The Card Players (Les Joueurs de cartes) by Paul Cézanne (Public Domain, Source) The microsecond and millisecond clock accuracy requirements in the…
Accurate time on Microsoft Windows is easy to achieve when using TimeKeeper software and Mellanox ConnectX network adaptors. The most stringent of the MiFID II clock synchronization requirements of 100 microseconds can be met without changes in infrastructure, exotic protocols (such as PTP) or dedicated hardware. Many TimeKeeper customers operate clocks with a better than…
Accurate time on Microsoft Windows is easy to achieve when using Timekeeper software. The most stringent of the MiFID 2 clock synchronization requirements of 100 microseconds can be met without changes in infrastructure, exotic protocols (such as PTP) or dedicated hardware. Read More
Financial services regulation of technology, theory and practice. Download Whitepaper
ESMA guidelines issued at the end of 2015 clarify timestamp regulation in ways that make a lot of sense. The most immediately notable point was to reinforce earlier statements that GPS is an acceptable “traceable” source of time per MiFIR RTS 25. A number of parties had been insisting otherwise the face of common sense…
ESMA just released guidelines that reinforce what was already clear in the MiFIDII regulation – that GPS time is an acceptable source of “traceable” time. As Galileo time becomes available there will surely be some European preference for that source, but ESMA has made it clear that satellite time is fit for purpose. As per…