[LEAPSECS] more financial preparation
sla at ucolick.org
Wed May 13 10:37:17 EDT 2015
FIA deals with financial futures, options, derivatives and is
preparing for the leap second.
The next leap second event will be the first time that it has
occurred during active trading hours in an environment where
electronic and automated trading relies on sub-second precision
for communication, execution, clearing, surveillance and audit
They point out several regulatory deadlines for preparedness and that
the regulatory environment for leap seconds looks a lot like the legal
any issues that occur due to the leap second event are likely to
be viewed by local regulatory authorities under existing
regulations which may or may not take into account the impact of
the leap second event.
Tomorrow the FIA will hold a Citrix webinar
about the leap second, preparedness, regulatory issues, etc.
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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