[time-nuts] trade timestamps
alex at list.priv.at
Tue Nov 10 21:07:02 EST 2015
On Wednesday, November 11, 2015 03:15 AM, Don Latham wrote:
> Interesting note The Economist, Oct. 31, p 75 re new rules for timestamping of
> stock transactions and the like. Looks to be a nightmare.
Here's the article:
Indeed. HFT firms have been working on their own "advanced" timekeeping
using PTP and GPS and what not, but it seems the MIFID-II directive and
equivalents in other markets force the entire industry to up their
systems from NTP to PTP...
"Those who surrender freedom for security will not have, nor do they
deserve, either one."
-- Benjamin Franklin
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