This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

TimeKeeper Time Synchronization - Security And Reliability Overview (Document: Business Wire)

FSMLabs, provider of software for high-precision time synchronization and distribution, today announced that its TimeKeeper ® Grandmaster solution has been adopted by some of the world’s leading hedge funds and exchanges to provide an audit trail and protect against cyber attacks on GPS time.

Financial trading firms are increasingly dependent on tracking time accurately to stay compliant and profitable. However, GPS time can be easily compromised by attacks on network delivery or by “spoofing” GPS radio signals. An error of even a microsecond can throw off automated trading algorithms or cause historical data to be misleading. The authoritative time from GPS satellites can be overridden by a false signal – not to mention lost all together due to network or equipment problems. In order to mitigate the risk, firms are adopting FSMLabs’ TimeKeeper Grandmaster appliances.

FSMLabs’ TimeKeeper Grandmaster was designed specifically for financial trading and offers comprehensive protection against time errors – both intentional and accidental. A single configuration uses multiple GPS sources connected to different antennas and network-time feeds to monitor, crosscheck and switch to a reliable source if divergence from true time is detected. FSMLabs’ patent-pending technology will detect even subtle changes to GPS time sources and rapidly switch to a secondary source. TimeKeeper Client software can also monitor multiple time sources and protect against network attacks and errors.

Read more about TimeKeeper’s security and reliability here.

“It is critical that organizations operate reliably in the presence of failures and attacks and have an auditable trace,” said Victor Yodaiken, CEO, FSMLabs. “Our TimeKeeper Grandmaster solution is being used by some of the world’s largest and most well-known hedge funds and exchanges for this very reason. The risks to businesses’ profitability, regulatory standing and reputations are too big to ignore.”

If your organization wants to mitigate the risk of spoof attacks, FSMLabs offers a confidential, non-disruptive risk analysis for integrating TimeKeeper Grandmaster into your existing trading platforms. Contact for more details.

About FSMLabs

FSMLabs is a technology company specializing in time-related innovation. The firm’s flagship product is TimeKeeper, the software solution of choice for a growing number of high-speed trading firms for high-precision synchronization of time data. FSMLabs has more than 12-years’ experience in real-time operating systems and software for industries such as finance, avionics and robotics, where time is a mission-critical resource. The company is privately held and headquartered in Austin, Texas. For more information, visit

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs