The FIA Market Technology Division hosted a webinar on Thursday, May 14 at 11:00 a.m. EST/10:00 Central to discuss the upcoming June 30 "Leap-Second" event. The June 30 Leap Second event will be the first time that a leap second event has occurred during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.
As part of our effort to educate market participants regarding the potential impact of the leap second event, the webinar will provide information about the details of the event, the proposed solutions being offered by exchanges and other industry bodies, as well as a list of recommendations for the industry.
Brian Adams, Executive Vice President & Chief Information Officer, Rosenthal Collins Group
Greg Wood, Director, Algorithmic Execution Listed Derivatives & Foreign Exchange, Deutsche Bank Securities