Robust Timing Over the Internet
ChelleChelle writes "The NTP (Network Time Protocol) system for synchronizing computer clocks has been around for decades and has worked well for most general-purpose timing uses. However, new developments, such as the increasingly precise timing demands of the finance industry, are driving the need for a more precise and reliable network timing system. Julien Ridoux and Darryl Veitch from the University of Melbourne are working on such a system as part of the Radclock Project. In this article they share some of their expertise on synchronizing network clocks. The authors tackle the key challenge — taming delay variability — and provide useful guidelines for designing robust network timing algorithms."
I'm surprised the article didn't mention PTPd, which is an implementation of the IEEE 1588 precision time-synchronization standard. I was under the impression that was the standard way to solve this sort of problem when NTP wasn't enough.
I don't care if it's 90,000 hectares. That lake was not my doing.
This sort of thing probably has something to do with it:
http://www.nytimes.com/2009/07/24/business/24trading.html
Actually this kind of trading (especially arbitrage) narrows the spread making it cheaper for ordinary people to enter the market.
So if you ban it you go back to only the big boys being able to afford to execute trades.
However, using any system, high frequency or otherwise, to deliberately manipulate the market is a different thing.
I'm sorry I'm posting as AC but it could affect my job.