Legacy Press

FSMLabs Listed with NASD

April 20th 2007 · 2 min read

NASD Listed RTTimeSync Unveiled for Reg. NMS Compliance at the Linux on Wall Street Conference and MySQL Users Conference
RTTimeSyncNASDPress_Release.pdf

Socorro, NM – April 20, 2007 – NASD listed RTTimeSync™ from FSMLabs (www.fsmlabs.com) will be unveiled concurrently at the Linux on Wall Street Conference in NY, NY and at the MySQL Users Conferences in Santa Clara, CA on April 23, 2007. RTTimeSync brings hard real-time technology to the financial markets for OATS, MiFID and Reg. NMS compliance. The National Association of Securities Dealers (NASD) listed clock synchronization time-stamp compliance solution eliminates clock-drift for both clusters and individual servers.

RTTimeSync provides precise timing solutions at near hardware speeds and offers the following compliance advantages:

  • Computers stay within ~250 nanoseconds of any time source.
  • RTTimeSync exceeds the NASD’s OATS Rules 6950-6957 timing requirements.
  • RTTimeSync exceeds SEC’s Reg. NMS timing requirements.
  • RTTimeSync exceeds FSA’s MiFID timing requirements.
  • The system is robust even when the time source is intermittent.
  • Operating System time functions are tied to the synthesized time for transparent access.
  • Local time can be synthesized from a timing device (such as Atomic Clock or GPS signal) and exported over the network to client systems running RTTimeSync.
  • RTTimeSync with FIX and FAST Protocols will be available in Q4 as messaging time-stamp synchronization bundle.

“RTTimeSync guarantees nanosecond level time synchronization for high performance computing in clusters, distributed nodes and grid computing”, said FSMLabs’ CTO Cort Dougan. For securities dealers handling electronic transactions, RTTimeSync ensures that all clocks in the server cluster have the correct time, without clock-drift and without additional hardware. Dougan continues by saying, “Our technology was developed in an environment where microsecond timing errors cost lives, so we bring a high level of reliability and precision to industries where microsecond timing improves reliability, performance and profitability.”

For additional information and to speak to an FSMLabs representative, visit us at the Linux on Wall Street Conference (www.linuxonwallstreet.com) on April 23, 2007 in NY. We will be in booth 105 with our technology partner Tresys Technologies (www.tresys.com). Alternatively, you can visit us at the MySQL Users Conference (www.mysqlconf.com) on April 23rd in Santa Clara, CA.

About FSMLabs
FSMLabs, the creator of RTLinux™, was founded in 1996 with headquarters in Socorro, New Mexico to deliver industry-leading hard-real-time solutions for embedded devices. As of February 2007, Wind River (NASDAQ:WIND), the global leader in device software optimization, is continuing and expanding upon FSMLabs’ original mission of delivering cutting-edge RTLinux™-based technology to the embedded market. In turn, FSMLabs is creating next-generation solutions with the lowest latency, highest speeds and guaranteed triggered response or task execution for the financial, security, enterprise and HPC markets.

When failure is not an option and security is a must for mission-critical and Wall Street-critical systems, FSMLabs’ Dual Kernel Virtualization technology, turns Linux and BSD Server Operating Systems, such as, Gentoo, Red Hat, SUSE, NetBSD and FreeBSD into the most deterministic, lowest latency hard-real-time operating systems available. For more information, please contact FSMLabs at sales@fsmlabs.com.