[LEAPSECS] financial markets

Steve Allen sla at ucolick.org
Sun Apr 26 12:08:37 EDT 2015


The New York Stock Exchange
https://www.nyse.com/trader-update/history
and its overlord the Intercontinental Exchange
https://www.theice.com/leap-second
have announced changes in the trading schedules for June 30 due to
the leap second.

Both messages show the conceptual failure that results from
Recommendation 460, that is a complete lack of concern for the
distinction between UTC and GMT.

The CCIR were wrong when they thought they could solve all problems
with a single time scale where nobody but the Time Lords would ever
have to worry about the difference.

--
Steve Allen                 <sla at ucolick.org>               WGS-84 (GPS)
UCO/Lick Observatory--ISB   Natural Sciences II, Room 165   Lat  +36.99855
1156 High Street            Voice: +1 831 459 3046          Lng -122.06015
Santa Cruz, CA 95064        http://www.ucolick.org/~sla/    Hgt +250 m


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