Accurate, Traceable, and Verifiable Time Synchronization for World Financial Markets
| Autor: | George Neville-Neil, Ben Cooke, Michael A. Lombardi, Andrew N. Novick |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Traceability
delay Computer science 01 natural sciences Article stock market time transfer Stock exchange 0103 physical sciences Synchronization (computer science) Time transfer service 010306 general physics 010301 acoustics algorithm business.industry Financial market General Engineering radio traceability frequency network NIST Stock market Data center Telecommunications business synchronization |
| Zdroj: | J Res Natl Inst Stand Technol |
| ISSN: | 2165-7254 |
| Popis: | The National Institute of Standards and Technology (NIST), through a collaboration with Perseus, a global provider of telecommunication services, is providing accurate, traceable, and verifiable time synchronization to stock exchanges in the United States, Europe, and Asia. The paper describes why accurate time is necessary for fair and equitable financial markets and summarizes current and proposed future synchronization requirements in the financial sector. We discuss reference time sources and provide a technical overview of how NIST transfers time to data center hosted stock exchange. We also discuss how Perseus distributes NIST time to financial market customers and describes how the time is verified. Measurement data are presented, along with a discussion of measurement uncertainty. |
| Databáze: | OpenAIRE |
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