UBS will implement National Physical Laboratory’s “atomic” time synch tool ahead of MiFID II. The new system is expected to be implemented in the second half of 2018 and will allow banks to better manage their cash flow by synchronising transactions with a central bank computer.
UBS will implement National Physical Laboratory’s “atomic” time synch tool ahead of MiFID II. The technology provides a precise time signal directly traceable to coordinated universal time across multiple trade locations.