Quantum Technology - Reality Or Science Fiction ( IET London ).
MiFID II (Finally a product that has a genuine feature for MiFID II) Rhys Lewis the Director of the NPL Quantum Metrology Institute leads the Time, Quantum & Electromagnetics (TQEM) Division gave a insightful discussion on how quantum technology is currently being used and its expected use in the near future. The talk was called Quantum Technology - Reality or Science Fiction. MiFID II requires trading venues to timestamp electronic transactions to UTC with an uncertainty of 100 micro seconds or better and quantum time keeping is a proven method for achieve this (That’s if your trading house wants to be compliant). Quantum technology exists and its ability to keep time is one major reason stock exchanges and partners hold true to it, even if it means having your trade desk closer to the exchange…