[LEAPSECS] Focus in the debate, alternative proposal

Poul-Henning Kamp phk at phk.freebsd.dk
Sat Jan 8 11:14:28 EST 2011

In message <1294502700.7016.37.camel at localhost>, Paul Sheer writes:

>> > Are the trades always automatically reconciled at the end of each day?


>> There is a three day clearing period after the trade, yes.


>This warrants further investigation.


>Is there anyone that can give us more information?

You could ask the London Stock Exchange, which recently boasted that
they can now complete a trade in 124 microseconds.

And no, that is not a typo: 0.000124 seconds for a trade.


Poul-Henning Kamp | UNIX since Zilog Zeus 3.20
phk at FreeBSD.ORG | TCP/IP since RFC 956
FreeBSD committer | BSD since 4.3-tahoe
Never attribute to malice what can adequately be explained by incompetence.

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