On Sep 18, 2008, at 5:23 AM, Roger Sundman wrote:

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> Today's Topics:
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>   1. Re:  TICTOC Digest, Vol 25, Issue 7 (Roger Sundman)
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> ----------------------------------------------------------------------
>
> Sasha,
>
> No, I don't think 10 ms is enough for a stock exchanege at least not  
> this
> particular week given the turbulence on the stock market, but for a  
> cash
> register yes.
>

(I renamed the thread.)

Given that the financial people are concerned with millisecond delays,  
10 msec
is clearly not enough for some trading applications. See, e.g.,

http://www.usfst.com/currentissue/article.asp?art=275136&issue=281

“a millisecond advantage in trading applications can be worth $100  
million a year to a major brokerage firm.”

Much of their use of multicast is driven by such considerations.

  Whether they have thought this through or not
is another question.

Regards
Marshall


> Regards
> Roger
>
> -----------------------------------------------------------------------
>
> Roger,
>
> Just for the curiosity sake:
>
> Do you imply that the 10 ms time accuracy (available today with NTP)  
> is not
> sufficient for
> the financial market and/or cash registers?
>
> Regards,
>        Sasha
>
>
>
>> -----Original Message-----
>> From: [EMAIL PROTECTED]
>> [mailto:[EMAIL PROTECTED] On Behalf Of Roger Sundman
>> Sent: Thursday, September 18, 2008 9:18 AM
>> To: [email protected]
>> Subject: Re: [TICTOC] TICTOC Digest, Vol 25, Issue 2
>> Today's Topics:
>>
>>   1.  Requirements draft - call for assistance (Roger Sundman)
>>
>>
>> ----------------------------------------------------------------------
>>
>> Hi all,
>>
>> There is a need for traceable time in the financial market
>> and there is a (coming?) directive from the EC comission for  
>> traceable
> time
>> for use in cash registers. Seismic exploration, military and
> transportation
>> ar  some other applications.
>>
>> Best regards
>> Roger
>>
>>
>> Hi all,
>>
>> Yesterday the chairs and Silvana, who is co-editor of the  
>> requirements
>> draft,
>> discussed the progress of this draft.
>>
>> The requirements draft tries to cover quite a number of areas
>> for which
>> timing is relevant,
>> and while there has been significant participation from the
>> cellular and TDM
>> PW communities,
>> there has been inadequate input on most of the other areas.
>>
>> In particular, for the areas
>>   * industrial applications
>>   * test and measurement
>>   * electric power and teleprotection
>> we have no data other than that "pulled out of the air" at the Paris
>> meeting,
>> and no one has expressed interest in providing insights into their
>> requirements.
>>
>> On the one hand TICTOC needs to consider all of the
>> applications that will
>> need to distribute timing,
>> but on the other hand if groups with interest in particular
>> applications do
>> not join in the effort,
>> we will not be able to produce a meaningful document.
>>
>> Please consider this email as a call for participation for the
>> aforementioned areas.
>> If you are working or interested in them, please send an
>> email to the list.
>> If you know people who are, please forward this email to them.
>>
>> If we do not receive input that we believe reliably reflects the
>> requirements of these areas,
>> we will have to drop them from the document, and thus remove them  
>> from
>> consideration
>> while working on solutions.
>>
>> Y(J)S
>>
>>
>>
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