MiFID II Clock Regulation
MiFID II Clock Regulation Read More
TimeKeeper Versus Solarflare SFPTPd Comparison 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…
Clock Synchronization in Finance and Beyond Introduction FSMLabs produces a suite of clock synchronization products under the name TimeKeeper®, primarily for customers in financial trading but also for a wide range of customers in other fields: from first responders to internet gaming providers, managers of big data systems, and radio/TV recording and broadcast. Clock synchronization…
TimeKeeper® routinely produces sub-microsecond accuracy from NTP sources. In the graph below, a TimeKeeper client tracks an NTP source to within 140 nanoseconds. The client is setup with four sources: two independent GPS sources for validation (blue and green), a PTP source (yellow), and an NTP source (orange). The worst case (not average) NTP source accuracy is within…
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
See Presentation
Clock Accuracy and Traceability How Do We Know When Clocks are Synchronized? Clock synchronization software on an application server computer usually relies on time delivered over the network and so does not have enough information to know when it has accurate time. The best this software can do is estimate how well the system clock…
A 2014 paper by engineers at IMC, NYSE, and Deutsche-Boerse spotlights single point of failures in IEEE 1588 PTP. Read More >
View the TimeKeeper Grandmaster, Compliance and Active Client deployment architecture which highlights that TimeKeeper clients get time via PTP or NTP from TimeKeeper grandmasters. In addition, TimeKeeper Compliance runs on your own hardware to collect client logs and generate reports and gets data from grandmasters. Also, Compliance instances communicate to share data between data centers…
Accurate time synchronization in AWS is easy to achieve for those who want it. New financial regulations (MiFID II and FINRA changes) require 1 millisecond and sometimes 100 microsecond accuracy to UTC time. Many social media, gaming and other applications require similar accurate timing. In the past that was not easy since AWS is a…