[LEAPSECS] financial markets

2015-04-26 Thread Steve Allen
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 R

Re: [LEAPSECS] financial markets

2015-04-26 Thread Poul-Henning Kamp
In message <20150426160837.ga11...@ucolick.org>, Steve Allen writes: >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. You're so cute Steve... What's going on here is that the bi

Re: [LEAPSECS] financial markets

2015-04-27 Thread Harlan Stenn
"Poul-Henning Kamp" writes: > > In message <20150426160837.ga11...@ucolick.org>, Steve Allen writes: > > >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. > > You're so cute S

Re: [LEAPSECS] financial markets

2015-04-27 Thread Tony Finch
Poul-Henning Kamp wrote: > What's going on here is that the biggest financial hub in the USA doesn't > know the difference between UTC and GMT. That's because GMT (the official time promulgated by the RGO for civil use in the UK) has been the same as UTC since 1972 or before. Tony. -- f.anthon

Re: [LEAPSECS] financial markets

2015-04-27 Thread G Ashton
There is no RGO. There is a part of a museum named the Royal Observatory, Greenwich. Tony Finch wrote in part That's because GMT (the official time promulgated by the RGO for civil use in the UK) has been the same as UTC since 1972 or before. _

Re: [LEAPSECS] financial markets

2015-04-27 Thread Brooks Harris
On 2015-04-27 03:22 AM, Harlan Stenn wrote: "Poul-Henning Kamp" writes: https://en.wikipedia.org/wiki/Indiana_Pi_Bill What a great idea! Simplification! Why stop there? If we prohibit the use of Real values we could just round off PI to 3 - much simpler! Following that we could do away with th