SAN JOSE, Calif., April 2, 2012 /PRNewswire/
-- Symmetricom®, Inc. (NASDAQ: SYMM), a worldwide
leader in precision time and frequency technologies, today
introduced a new high accuracy end-to-end timing solution for
high-speed, low-latency trading systems. This solution delivers
trading systems with ultra-precise time ideal for algorithm and
network optimization, risk management, and ultimately improves the
overall trading performance and profitability.
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Symmetricom's new SyncPoint™ PCIe-1000 Precise Time Protocol
(PTP) Clock Card for Linux, combined with the company's enterprise
class SyncServer® S350 PTP Grandmaster, provides the industry's
most accurate time stamp delivery solution on the market
today. The SyncPoint Clock Card synchronizes to the local
GPS-referenced enterprise class SyncServer S350 so that
sub-microsecond accurate time can be delivered at one or many
trading venues around the world. High-speed trading systems
use this sub-microsecond accurate clock to time stamp market data,
synchronize network monitoring systems, and synchronize time on
trading servers around the world. This best-in-class timing assists
in better algorithm performance, enables lower network latency and
improves trade decision making that all lead to increased trading
profitability.
According to Aite Group, financial institutions focused on
geographically dispersed trading strategies are relying more and
more on precise time stamping of data as inputs into their
proprietary algorithms, as these inputs are closely tied to their
revenue stream. "To ensure the integrity of their data, high-speed
low-latency trading firms and stock exchanges are deploying PTP
hardware solutions to achieve better accuracy and synchronization
than was previously possible with NTP or software-based PTP
solutions," said Adam Honore,
research director of the institutional securities practice at Aite
Group. "This is especially important for distributed systems that
rely on time coherent aggregated market data from multiple trading
sources which may otherwise all have different sources of
time."
As underscored by, Peter
Lankford, Director of Securities Technology Analysis Center
(STAC), which facilitates the STAC Benchmark Council of trading
organizations and technology vendors, "Precise and accurate time is
increasingly critical to the success of many high-speed,
low-latency trading systems. Symmetricom has been an active
participant in this community for some time by supporting industry
benchmark testing efforts with their latest timing equipment."
Symmetricom's end-to-end solution for the high-speed,
low-latency trading includes:
- The new SyncPoint PCIe-1000 PTP Clock Card: Time is
delivered to a Linux program with accuracy better than 600
nanoseconds and is the most accurate way to get the time to a Linux
based trading application.
- SyncServer S350: A GPS PTP Grandmaster which precisely
synchronizes the PCIe-1000 PTP Clock Cards on the trading
network.
"When high value automated trading decisions are made in
fractions of a second and can result in millions of dollars being
at stake, time accuracy is of the utmost importance," said
Laura Finkelstein, vice president of
marketing and business development at Symmetricom. "The SyncPoint
PCIe-1000 PTP Clock Card was specifically developed to deliver a
strong competitive advantage to financial services organizations
whose business models demand timing with the highest accuracy and
reliability, such as high frequency trading and stock
exchanges."
Key benefits of the new SyncPoint PCIe-1000 PTP Clock
Card include:
- Delivery of ultra accurate time to Linux applications:
Better than 600 nanosecond time stamp accuracy to universal time at
the Linux application level.
- Precise time updated more than a million times per
second: High availability of fine granularity time for better
time stamping microbursts of trading activity and market data
feeds.
- Accurate time over busy networks: Symmetricom timing
technology and the standard OCXO oscillator maintain excellent
end-to-end time accuracy over a busy network between the SyncServer
S350 and the SyncPoint Clock Card.
- Industry standard compliant: IEEE 1588 2008 v2 /PTP
compliance assures interoperability with other PTP enabled network
devices.
- Industry leading accuracy at an extremely low price: The
SyncPoint Clock Card is priced to be the most cost effective timing
solution compared to any alternative in the market that attempts to
deliver similar time accuracy.
The Symmetricom end-to-end solution is on display at the
Symmetricom booth 215D at the High Performance Computing Linux for
Wall Street Show and Conference on April
2, at the Roosevelt Hotel in New
York City.
For more information about Symmetricom's new SyncPoint PCIe-1000
PTP Clock Card visit
http://www.symmetricom.com/products/bus-level-timing/pci-express/SyncPoint-PCIe-1000-PTP-Clock-Card/.
For complete details on Symmetricom's end-to-end solution for
high-speed, low-latency trading visit
http://www.symmetricom.com/industry-solutions/high-frequency-trading/.
About Symmetricom, Inc.
Symmetricom (NASDAQ:SYMM), a world leader in precise time
solutions, sets the world's standard for time. The company
generates, distributes and applies precise time for the
communications, aerospace/defense, IT infrastructure and metrology
industries. Symmetricom's customers, from communications service
providers and network equipment manufacturers to governments and
their suppliers worldwide, are able to build more reliable networks
and systems by using the company's advanced timing technologies,
atomic clocks, services and solutions. All products support today's
precise timing standards, including GPS-based timing, IEEE 1588
(PTP), Network Time Protocol (NTP), Synchronous Ethernet and
DOCSIS® timing. Symmetricom is based in San Jose, Calif., with offices worldwide. For
more information, visit: http://www.symmetricom.com or join
the dialogue at http://www.twitter.com/symmetricom.
SYMM-P
Symmetricom Contact:
Tracy Schriver
Symmetricom, Inc.
t: 707-636-1908
tschriver@symmetricom.com
Media Contact:
Liam Rose
GolinHarris for Symmetricom
t: 415-318-4380
lrose@golinharris.com
SOURCE Symmetricom, Inc.