Messages in this thread | | | Date | Thu, 28 Aug 2008 13:32:23 -0700 (PDT) | Subject | Re: loaded router, excessive getnstimeofday in oprofile | From | David Miller <> |
| |
From: Rick Jones <rick.jones2@hp.com> 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.
| |