Posts about Holdover

The deadline for implementing a new EU directive in financial markets is approaching soon. On January 3, 2018, MiFID II (Markets in Financial Instruments Directive) will come into effect. It will create a more stable environment for securities markets, investment intermediaries and trading venues in the EU ...
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The new “enhanced” primary reference time clock (PRTC) recommendation from the International Telecommunication Union (ITU), G.8272.1, looks set to be one of this year’s key innovations in the world of network synchronization. Aimed at producing the levels of accuracy necessary for 5G, enhanced PRTCs (ePRTCs) go far beyond the current technology. While the time output of today’s PRTCs should be accurate to within 100ns of Coordinated Universal Time (UTC), this new generation of clocks promises to deliver time to within just 30ns. ePRTCs also offer a greater level of reliability – unlike current PRTC technology, which has no holdover specifications, the emerging enhanced clocks are able to hold time accurately for 14 days, ensuring time service performance during GNSS outages ...
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