Chapter 1: introduction – Black Box ASTCKEY User Manual

Page 7

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Chapter 1: Introduction

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1-3

must record time in hours, minutes and seconds with to-the-second granularity and
must be synchronized to a source that is synchronized to within three seconds of
the National Institute of Standards and Technology (NIST) atomic clock. Clocks
must be synchronized once a day prior to the opening of the market, and remain in

synch throughout the day. In addition, firms are to maintain a copy of their clock
synchronization procedures on-site. Clocks not used to record the date and time of
market events need not be synchronized.

1.2.2.

Features

 DHCP (Dynamic Host Configuration Protocol) compatibility for IP address

management and other parameters (Subnet Mask and Gateway) from the DHCP
server, which ensures each IP address, is unique.

 Optional PoE (Power over Ethernet) accessory, which includes Full Power

Reserve (FPR option).

 Automatic time synchronization to an official time source.
 Event notification through Simple Network Management Protocol (SNMP) traps.

This feature enables network administrators to centrally manage time clock
performance, find problems and solve them in a timely manner.

 NTP (Network Time Protocol) syncs clocks to a time reference over a data

network.

 Direct synchronization to the time source rather than to a computer.
 Log-in security for two (2) separate users.
 Synchronization transaction data maintained per FINRA Rule 7430 requirements.
 Full OATS compliance with stand-alone units not linked to a PC.
 Complete solution without the need for individual trader computers.
 Report for transaction log (time sync).
 Maximum Sync of once every 2 hours for improved accuracy with up to 12 time

validations a day per schedule. The clock can store 5 years of data utilizing one
normal sync schedule of 2 syncs per day for OATS compliance.

 Compatible with IE, Safari, and Firefox Web browsers.
 Employs Windows Services to perform synchronization.
 E-mail notification of clock failure to synchronize the time, configurable to send

e-mail notification to chosen recipients.





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