Safran addressing time and sync issues in trading systems
In the fast-paced trading world, accurate timekeeping and synchronization are critical for seamless operations. However, failures or inaccuracies in time and sync can have significant consequences, including disruptions, errors, and potential financial losses. Safran Trusted 4D, a subsidiary of Safran Electronics & Defense, offers solutions that help to overcome the outages of time measurement and synchronization tools in trading systems.
What makes time measurement tools lose their accuracy?
➡️ Clock drift and inaccuracies: Clock drift can occur over time, which leads to minor discrepancies that accumulate and disrupt the synchronization of time measurement tools.
➡️ Network latency and delays: Internet network latency can cause delays, which leads to inconsistencies in the synchronization of time measurement tools. Several of their components can be affected, ultimately impacting their accuracy.
➡️ Software bugs: Complex trading systems may encounter software bugs that impact time management and synchronization. Bugs in critical modules can lead to inaccuracies and discrepancies in the synchronization of time measurement tools.
Traders may face potential problems if they cannot access precise time
? Trading execution issues: Inaccurate synchronization of time measurement tools can lead to mismatches, failed executions, or unfavorable prices. All of which can generate financial losses for investors.
? Violations of regulatory compliance standards: Non-compliance penalties and legal complications can arise if trading systems fail to meet regulatory time synchronization standards.
? Market manipulation risks: Time and synchronization failures can compromise the integrity of market surveillance systems, allowing manipulation activities to go undetected, such as front-running or spoofing.
? Reputation damage: Failures of time measurement and synchronization tools, which lead to financial losses or operational disruptions, can erode the reputation of trading firms and the trust in their ability to maintain reliable and fair practices.
How can Safran Electronics & Defense products help to solve time problems in the financial world?
? SecureSync 2400 GNSS Time Server: its advanced and resilient synchronization capabilities and high-accuracy clock ensure precise and consistent time synchronization across the trading system.
? White Rabbit product line: Developed in collaboration with CERN (European Organization for Nuclear Research), GSI Helmholtz Center for Heavy Ion Research) and other industrial and academic partners, White Rabbit is a fully deterministic Ethernet-based network for general-purpose data transfer and sub-nanosecond accuracy time transfer. Products running with White Rabbit guarantee ultra-precise, reliable, low-latency, and deterministic time synchronization to reduce the time differences the internet network induces.
? Redundant and backup systems: The use of redundant clock sources and backup systems, including those of the SecureSync 2400, helps to reduce the impact of clock issues or synchronization problems. Redundancy improves system resilience and ensures continuous and precise time synchronization.
By implementing these solutions and adopting proactive maintenance practices, trading firms can mitigate the risks associated with time and sync issues, ensuring seamless trading operations and market confidence.
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