TMX Atrium is Now Offering the Financial Community NPLTime®: Trusted Time Directly From the Source


TMX Atrium is now offering the financial community NPLTime®: CERTIFIED TIME DIRECTLY FROM THE SOURCE, COMPLIANT WITH THE MIFID II RTS 25 TIMING TRACEABILITY REQUIREMENT

NPLTime® is now available on the TMX Atrium® infrastructure over a cross-connect at the Interxion, Telehouse and Equinix data centres. NPLTime® is a trusted timestamp provided by NPL, the United Kingdom’s National Measurement Institute and is fully compliant with the MiFID II RTS 25 timing traceability requirement. 



A precise time signal, directly traceable to Coordinated Universal Time (UTC), and certified at the user by National Physical Laboratory (NPL), United Kingdom’s National Measurement Institute providing a trusted ‘common clock’ with absolute time in any location.

Completely eliminates reliance on GPS and offers a resilient service by removing susceptibility to jamming, spoofing, urban canyon effects and solar storms.

The latest service from the National Physical Laboratory (NPL), home of the UK’s National Timescale, UTC(NPL), and the caesium fountain NPL CsF2, a primary frequency standard accurate to within 1 second in 158 million years.

NPL TIME: TRUSTED TIME

Traceable to UTC Resilient Synchronisation
Certified at the User Bespoke Caesium Redundancy

KEY FEATURES

  • Directly traceable and certified to UTC at the point of provision, not the source 
  • A precision timing distribution solution, with no reliance on GPS or internet time
  • Eliminates susceptibility to GPS jamming, spoofing, urban canyon effects and solar storms
  • Uses dedicated fibre optic links, ensuring maximum resilience and security
  • Provides enhanced synchronisation
  • No roof access required
  • Built in redundancy

Resilient, precision timing is vital for managing complex and varied technology platforms and increasing volumes of data. NPLTime offers new opportunities for data and co-location centres and exchanges to provide customers with a premium service with certified timing traceability direct to UTC.

RISK MANAGEMENT SERVICES INFRASTRUCTURE

NPLTime provides an accurate, certified baseline in all locations where it is distributed and certified. The low jitter certified signal offers the capability to measure latencies within trading platforms and networks. Having NPLTime at multiple locations brings the capability of a common clock source to the user, allowing information to be measured and time stamped uni-directionally across the WAN.

TRADING PLATFORMS

NPLTime offers a unique opportunity to implement a low uncertainty, fully traceable time signal, helping to meet the ever-increasing need for time accuracy in modern trading.

REGULATORY MONITORING

The NPLTime traceability chain to UTC is direct to UTC(NPL), and certified at the user, rather than the source, providing UTC timestamping critical for forensics and audit purposes, and a reference timeline to any series of events. The service is fully compliant with the FINRA OATS 7430 timing traceability requirement.

TIME MANAGEMENT BY A TRUSTED SOURCE

NPLTime is a managed service maintained remotely from the user’s premises and can be rolled out regionally, nationally or globally across a distributed business. The same level of service is offered in each location, ensuring an organisation has full transparency and understanding of events, wherever they take place.

DELIVERY VIA TMX ATRIUM

NPLTime is delivered via dark fibre to a hub in London Docklands. As an authorised distributor, TMX Atrium provides the time on managed links from its hub to a managed end point device at the client’s rack/premises, where the time is certified and accessible via a number of different interface options.



TMX Atrium is a leading low latency venue-neutral infrastructure provider for financial services participants in Europe and North America. We have a presence in 12 countries across North America, Europe, and Asia, providing connectivity to over 30 major trading venues and offering low latency access to over 500 data sources.
CONTACT
Galina Mayuchaya
galina.mayuchaya@tmxatrium.com
+44 (0)20 3194 2541
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