[LEAPSECS] one second tolerance

[Warner Losh]

On 02/09/2011 01:56, Ian Batten wrote:

> Timestamping financial events to 1s resolution opens up the whole "is UK legal time UT1 or UTC?" question again, too.


These regulations are from FINRA which is a US regulatory company.  The 
timestamps already were required to have 1s resolution.  This 
requirement is for the clocks to have less than 1s drift from NIST 
during the course of the trading day.

The weird 'Eastern Military Time' is preserved from prior versions of 
the OATS specification which are on the FINRA web site.

Warner