Traceable & Accurate Timestamping for MiFID II Compliance available now

At ICE Data Services, we deliver a timing solution disciplined and certified by the National Physical Laboratory (NPL), the United Kingdom’s National Measurements Institute and Universal Time Coordinated (UTC) timekeeper, fully compliant with MiFID II RTS25 requirement.

NPLTime® is available either immediately in the London liquidity centers supported by ICE Data Services via a simple cross-connect or via access circuits in the surrounding London Metro area. The service is unique in offering our clients a time signal that cannot be disrupted by outside interference, is certified to meet the MiFID II timing traceability requirement and can be implemented quickly over the dedicated infrastructure.





Equinix Slough

NPLTIME®: The benefits

MiFID II RTS25 Compliant Outsourced Monitoring Additional Benefits
  • Traceable, certified and auditable with timing granularity of +/- 1 microsecond to UTC
  • Use NPL data records to simplify your regulatory obligations
  • Continuously monitored by NPL leveraging end-to-end fibre connectivity
  • Storage of data for seven years and available on request for regulators
  • Inherent synchronization across multiple locations for improved arbitrage opportunities
  • Easy on-boarding process, choice of resiliency level

Advantages of NPLTime® vs. Global Positioning System (GPS)

  • Traceability - NPL guarantees traceability of NPLTime® critical to MIFID II RTS25 requirement
  • Reliability - NPL is not susceptible to jamming, spoofing, solar storms and urban canyon effect
  • NPLTime® is a managed service including full monitoring and auditability. Use of GPS requires additional resources to achieve MIFID II traceability requirement.

Interest in NPLTime®?

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