IPC Debuts Precision Timing Service for Finance
The service will provide accurate and consistent time data that will also help firms comply with new regulatory requirements.
Connexus Chrono uses atomic clocks synchronized to UTC (Universal Coordinated Time), and can deliver different levels of accuracy, ranging from 1 microsecond to 250 microseconds. The service is supported from 10 datacenters in Europe, North America, and Asia-pacific.
"Time accuracy and synchronization are at the heart of regulatory compliance with MiFID II, RTS-25 and FINRA Rule 4590, placing strict requirements on the granularity of timestamps and the maximum divergences of the clock they are
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