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SubjectRe: loaded router, excessive getnstimeofday in oprofile
From: Rick Jones <>
Date: Thu, 28 Aug 2008 13:29:30 -0700

> Has the request "hit the trading system" when it hits the NIC, or
> when it hits the application executing the trade? If the SEC calls
> for when it hits the NIC, then none of what is done today is really
> accurate/correct and one would need to start using NIC HW
> timestamps, synchronized with the host and the other NICs in the
> system no?

The SEC isn't mandating anything here, stop framing it that way :-)

People simply won't trade with a firm if they find out that trades
there are executed out of order.

They are simply trying to make things as fair as possible.

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