SUMMARY: Need trade world time signal

From: Fletcher B. Cocquyt (fletch@ttmc.com)
Date: Mon Jan 20 1997 - 14:10:59 CST


Original question:

Fletcher B. Cocquyt wrote:
>
> Fellow admins,
>
> I figure this is a common requirement among trade system
> admins:
>
> A time source sync'ed to world trade markets; accurate to at least the
> second.
>

The most authoritative answer came from:

"Christopher L. Barnard" <cbarnard@cs.uchicago.edu>:

As the sysadmin responsible for the system locks for the Chicago Board
of Trade, I can tell you with certainty that we use the same WWV/atomic
clock radio receivers that the rest of the NTP-using internet
uses. We have our own receiver, because its behind the corporate
firewall, but its still the same signal. If you sync your machines
to a reliable stratum 2 or 3 timeserver, you'll be within hundredths
(thousandths?) of a second to our trading systems. You probably
already know this info, but just in case: NTP comes from
ftp://louie.udel.edu/pub/ntp

Thanks to everyone else who responded:

"Trevor Paquette" <tpaquett@aec.ca>
mike@trdlnk.com (Michael Sullivan)
"Matthew Stier" <Matthew.Stier@MCI.Com>
"Paul O'Donnell" <pod@morgan.com>
twhite@Bear.COM (Thomas White)
sdknuds@sandia.gov (Steven D. Knudsen)
Michael Baumann <baumann@proton.llumc.edu>
Rich Kulawiec <rsk@itw.com>

Almost everyone recommended ntp; the web page is:
http://www.eecis.udel.edu/~ntp/
which is actually in the FAQ; I asked the question to find
out the concensus in the trade world...

Thanks again,

-- 
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Fletcher B. Cocquyt	System Administrator 	Trout Trading
fletch@ttmc.com		fletch@ibl.bm		Hamilton, Bermuda
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