Press Releases

12/06/2011
TimeKeeper and Solarflare Achieve 300 Nanosecond Accuracy in Benchmarking for High Speed Trading



FSMLabs® today announced that TimeKeeper™ time synchronization software and the Solarflare® SFN5322F Dual-Port 10GbE Precision Time Synchronization Server Adapter were benchmarked with time distribution accuracy as precise as 300 nanoseconds. Three separate, logged, multi-hour runs were performed by FSMLabs in response to a request by a high-frequency trading and hedge fund firm. The test was run using Precision Time Protocol in a plug-and-play mode with no special configuration.

“For high-frequency trading, a variance of a microsecond in time accuracy can be an operational risk issue that destroys competitive advantage,” said Cort Dougan, chief technology officer of FSMLabs. “The test with Solarflare was required by a highly competitive firm, and these results clearly support their trading strategies. TimeKeeper provides many additional benefits to trading operations, including fastest time delivery into application software, multi-time source management, and performance logging across the network. But time precision in the sub-microsecond range is the foundation requirement, and this is unquestionably available in this configuration.”

“Solarflare enables its customers to build the highest-performance, lowest-latency, and most scalable 10GbE networks in the industry. For aggressive trading firms using every technological advantage, our SFN5322F and its onboard Stratum 3 clock are best in class for data transport with high-precision synchronized clocking,” said Bruce Tolley, Solarflare’s vice president of solutions marketing. “We are pleased to have worked with FSMLabs to deliver this breakthrough solution for the distribution of high-precision time. We look forward to partnering together with common customers in the trading and financial services markets.”

Solarflare support is available now in TimeKeeper. For more information or a demonstration of TimeKeeper 5.0 with any hardware, network and software configuration, contact FSMLabs at .(JavaScript must be enabled to view this email address).

About Solarflare
Solarflare is a leading provider of application-intelligent networking I/O products that bridge the gap between applications and the network, delivering improved performance, increased scalability, and higher return on investment. The company’s solutions are widely used in scale-out server environments such as high frequency trading, high performance computing, cloud, virtualization and big data. Solarflare’s products are available from leading distributors and value-added resellers, as well as from Dell, IBM, and HP. Solarflare is headquartered in Irvine, California and has an R&D site in Cambridge, UK.

About FSMLabs
FSMLabs is a technology development company specializing in time-related innovation. The firm’s latest product is TimeKeeper, the software solution of choice for a growing number of high-speed trading firms for high-precision synchronization of time data from reference clocks to the application layer in networked environments. 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 http://www.fsmlabs.com.

TimeKeeper is a trademark of FSMLabs Inc. FSMLabs is a registered trademark of Finite State Machine Labs Inc.


09/21/2011
TimeKeeper 5.0 Addresses “Fragility of Time”, Improves Time Security



AUSTIN, TX, Sep 19, 2011—FSMLabs(R) today announced the 5.0 release of TimeKeeper(TM), its groundbreaking time synchronization software for high-frequency trading and other applications requiring extreme time precision. Addressing the fragility of certain time architectures in maintaining precise time, TimeKeeper 5.0 improves system security by tracking multiple time channels to identify and react to time performance problems. In addition, it offers the ability to bridge precision time over multiple networks.


06/29/2011
Yodaiken in Automated Trader Article



Market Data Maelstrom

Automated Trader article on changes in high frequency trading interviews, among others, FSMLabs CEO Victor Yodaiken.


01/20/2011
Press and other coverage of FSMLabs Patent sale




01/19/2011
Intellectual Ventures Acquires Key FSMLabs Patents



Austin, TX – January 18, 2011 – FSMLabs®, premier provider of enterprise real-time and timekeeping technology, today announced an agreement to sell a number of its patents to Intellectual Ventures®, a firm which supports innovation through investments in inventors and inventions. FSMLabs retains the rights to incorporate the patented technology in its own products.

IntellectualVentures_Acquires_Key_FSMLabs_Patents.pdf


01/14/2011
Press: A-Team Insight on TimeKeeper for RHEL 6



The A-Team article


01/04/2011
FSMLabs TimeKeeper Supports Red Hat Enterprise Linux 6 For High-Precision Time Synchronization



Support of Leading Linux Platform Enables Refined Market Response
And Venue Arbitrage through Precision Time Data Delivered to Trading Apps
FSMLabs_Red_Hat_01042011.pdf


06/23/2010
June-22-2010 TimeKeeper can now use CDMA for reference time




FSMLabs and EndRun Technologies Bring Microsecond Accurate
Timekeeping to Financial Services Data Centers with CDMA

Solution leverages ubiquitous mobile/wireless technology for timekeeping accurate to 10 microseconds;
Expands reach of precise timekeeping to data centers of all sizes and locales.


06/08/2010
June-8-2010 FSMLabs TimeKeeper Leaps Ahead with Support for Precision Time Protocol 1588



Austin, TX – June 8, 2010 – FSMLabs, a premier provider of enterprise real-time and timekeeping technology, today announced support for the IEEE 1588 Precision Time Protocol (PTP) standard in its flagship TimeKeeper™ product.  Adding PTP Version 2 to TimeKeeper opens a route for companies conducting low latency transactions, especially in financial services, to increase competitive edge and get ahead of new regulatory requirements, by seamlessly upgrading time services while taking advantage of advanced networking equipment

Download the Press Release


05/20/2010
May-17-10 FSMLabs and Spectracom for High Frequency Low Latency Trading



FSMLabs TimeKeeper and Spectracom NetClock deployed with leading financial services firms;
Enable trade data time-stamping accurate to tens of microseconds across global networks

FSMLabs_Spectracom__PR_05182010_FINAL.pdf


04/12/2010
FSMLabs TimeKeeper Bolsters High-Frequency Low-latency Trading And Market Data Streams



Read the press release

Read the technical brief


10/24/2007
FSMLabs Lowers Latency for Wall Street



FSMLabs Lowers Latency for Wall Street with Real-Time Networking Stack that Guarantees Network Bandwidth & Task Execution


07/18/2007
Yodaiken Open Group Speaker



Victor Yodaiken addresses the Open Group’s Real-Time Forum in Austin


07/10/2007
FSMLabs Certified by IBM



RTTimeSync is accepted to the IBM “Ready for Grid Computing” program


04/20/2007
FSMLabs Listed with NASD



NASD Listed RTTimeSync Unveiled for Reg. NMS Compliance at the Linux on Wall Street Conference and MySQL Users Conference


RTTimeSync_NASD_Press_Release.pdf


02/27/2007
Wind River Acquires RTLinux from FSMLabs



Wind River acquires real-time Linux from FSMLabs Real-time response allows for expansion into such markets as aerospace, defense, navigation,
and robotics


02/20/2007
FSMLabs to bring Real-Time to Enterprise



FSMLabs to bring Real-Time Technology to Enterprise, Security and Financial Markets


01/10/2007
FSMLabs Introduces RTTimeSync



Be Compliant and Say Goodbye to ‘Clock Drift’ with FSMLabs’ Nanosecond Timing Synchronization Software


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