[LEAPSECS] Focus in the debate, alternative proposal
zefram at fysh.org
Fri Jan 7 08:08:03 EST 2011
Ian Batten wrote:
> Are there really non 24x7
>processes where a 1s offset from UTC for less than one day, with the
>clock remaining monotonic, are an issue?
Financial markets. Individual markets work limited hours each day, and
not every day. (Major markets work overlapping hours, so that globally
there are markets open 24 hours a day, but still not every day.) Trades
happen so frequently that they must be timestamped down to *micro*seconds;
being a second out of synch would cause reconciliation problems.
Currently, a June leap second can occur while far-east markets are open.
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