Auto-sync time clock – Black Box ASTCKEY User Manual

Page 6

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Auto-Sync Time Clock

1-2

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The Auto-Sync Time Clock can be synchronized from a National Institute of
Standards and Technology (NIST) NTP (Network Time Protocol) time server, or
internal time server via Ethernet

®

connection (see Figure 1-1).

All communication with the Auto-Sync Time Clock is via a network TCP/IP

connection. The Auto-Sync Time Clock auto discovery and configuration can be
accomplished via simple instructions (see Chapter 3: Quick Start).
End-users may never need to change the configuration settings after the initial
configuration setup. However, it is recommended that all configuration settings
should be recorded in the event that the setup needs to be repeated in the future.

Figure 1-1. Auto-Sync Clock Time Synchronization.


During the configuration process, both the event logger and scheduler use the same
supporting configuration files located in the clock. The event logger runs in the

clock with a scheduler that runs in the background as a service.
The Auto-Sync Time Clock can optionally obtain power from a Full Power Reserve
(FPR) or Power over Ethernet (PoE) (see Figure 1-1). Power over Ethernet or PoE
technology describes a system to transfer electrical power, along with data, to
remote devices over standard twisted-pair cable in an Ethernet network.


1.2.1.

What is OATS Compliance?

The Auto-Sync Time Clock has been specially designed to be in compliance with the
Financial Industry Regulatory Authority (FINRA) Order Audit Trail System (OATS)
rule 7430 (formerly NASD OATS Rule 6953 & NYSE Rule 132A), Synchronization of
Member Business Clocks described as follows:
Rule 7430 requires any FINRA member firm that records order, transaction or
related data required under the By-Laws and Rules of the Association to
synchronize all business clocks used to record the date and time of any market
event. Clocks, including computer system clocks and manual time stamp machines,

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