[LEAPSECS] Focus in the debate, alternative proposal

[Paul Sheer]

Impressive, but I'll keep with "warrants further investigation".

-paul


On Sat, 2011-01-08 at 16:14 +0000, Poul-Henning Kamp wrote:

> 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.

> 

> http://www.ft.com/cms/s/0/b6d13924-d554-11df-8e86-00144feabdc0.html

>