ICE Partners with NPL for Atomic Timestamping
Intercontinental Exchange has linked up with UK's National Physical Laboratory to ensure co-location customers at its Basildon datacenter, home to its European derivatives exchange, meet MiFID II timestamping requirements.
NPL maintains the UK’s atomic clocks and is responsible for the dissemination of time signals across the country. Customers in ICE’s datacenter will receive precise time – accurate to one second every 158 million years – by fibre, direct from the NPL. The system is directly traceable to Coordinated Universal Time (UTC) – the global reference against which venues must synchronize their server clocks – and is independent of the Global Positioning System (GPS).
Traceability requirements in the
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