About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TMX Atrium Adopts NPL Time to Offer Accurate Time Stamp Service

Subscribe to our newsletter

TMX Atrium has signed an agreement with the UK’s National Physical Laboratory (NPL) to distribute NPL Time, a certified and precise time signal that is directly traceable to Coordinated Universal Time and can be used by TMX Atrium customers for regulatory compliance and audit purposes.

TMX Atrium’s adoption of the NPL Time service is designed to meet increasing regulatory demand for time stamp accuracy and allows customers to receive a time signal that is independent of the global positioning system and cannot be disrupted by outside interference. The time stamp is provided at the distribution point and is certified by NPL and compliant with the Finra Oats 7430 timing traceability requirement. NPL certification removes the need for time synchronisation between various locations in the trading infrastructure, reducing the complexity of time management.

NPL Time is initially available on the TMX Atrium network in the UK and will later be offered across the network in Europe and North America.

Leon Lobo, strategic business development, Time and Frequency, at NPL, says: “NPL Time is an extension of many decades of time dissemination expertise. By providing NPL Time over the TMX Atrium network, the financial industry stands to benefit from NPL’s capability to ensure that time-stamped trades can be traced to Coordinated Universal Time.”

NPL, the UK’s National Measurement Institute, operates one of the world’s most accurate atomic clicks, NPL Csf2, which is accurate to one second every 158 million years. It is developing the next generation of optical atomic clocks, which will be accurate to one second in 14 billion years.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Unlocking Transparency in Private Markets: Data-Driven Strategies in Asset Management

15 October 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes As asset managers continue to increase their allocations in private assets, the demand for greater transparency, risk oversight, and operational efficiency is growing rapidly. Managing private markets data presents its own set of unique challenges due to a lack of transparency,...

BLOG

A-Team Group Data Management Awards USA Winners Announced at DMS NYC 2025

A-Team Group has announced the winners of its 4th annual Data Management Insight Awards USA 2025, and we extend our congratulations to the individuals and companies recognised with awards this year. The event shines a light on the top providers of data management solutions, services, and consultancy for the capital markets across the United States....

EVENT

AI in Capital Markets Summit London

The AI in Capital Markets Summit will explore current and emerging trends in AI, the potential of Generative AI and LLMs and how AI can be applied for efficiencies and business value across a number of use cases, in the front and back office of financial institutions. The agenda will explore the risks and challenges of adopting AI and the foundational technologies and data management capabilities that underpin successful deployment.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...