You won’t even notice it — it will literally pass by in a second. But markets around the world are frantically trying to avoid a leap second that threatens to disrupt global trading on Tuesday.
The extra second will take place at 8 p.m. ET on June 30 so that we can sync up our watches with the Earth’s slowing rotation. But the 61-second minute threatens to make computer systems go haywire, potentially screwing up complex trades that can take place in a split second.
The leap second just happens to coincide with the opening for many Asian markets. To circumvent the potential for disaster, several exchanges are ending trading early or opening late on Tuesday.
The post Global markets spooked by looming ‘leap second’ appeared first on Trunews:.
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