[LEAPSECS] Time Synchronization in Financial markets

[Steve Allen]

On Fri 2016-10-07T11:48:25 -0600, Warner Losh hath writ:
> Accurate, Traceable, and Verifiable Time Synchronization for World
> Financial Markets
>
> http://nvlpubs.nist.gov/nistpubs/jres/121/jres.121.023.pdf
>
> Market synchronization requirements today are 1s. However, in August
> 2017 they become 50ms. Good thing normal market hours on the US
> exchanges avoids the leap second...

Notably missing in this document is any mention of the term leap second.
More surprising is no mention of TAI, despite the numerous references
to the use of IEEE 1588 PTP for the timing systems.
It's like getting a tour map that describes the route but fails to
mention that along the way there's a bridge out.

--
Steve Allen                    <sla at ucolick.org>              WGS-84 (GPS)
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