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Chameleon Clock OATS Compliance
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Under National Association of Securities Dealers, Inc. (NASD®) Order Audit Trail System (OATS) Rules 6950-6957, all member firms can be required to record the order receipt and routing time in hours, minutes, and seconds.

To keep the time records, you can use a thousands-dollar mechanical time-stamping device, synchronized with the atomic clock, or do it yourself using the synchronized time in seconds available on your PC from Chameleon Clock. The clock is specially designed to be OATS rules compliant.

NASD recommendations on OATS clock synchronization Chameleon Clock features and functions
All trades for NASD must show the complete date and time to the second. Chameleon Clock shows the date and time to the second in the system tray.
Member firms may synchronize business clocks to any source that is accurate to within three seconds of the National Institute of Standards and Technology (NIST). Chameleon Clock uses NIST Time Server to synchronize the computer clock via fast and reliable SNTP protocol. Synchronization accuracy usually is 10 msec or less.
Computer system clocks must be synchronized every business day before market open. To maintain clock synchronization, clocks should be re-synchronized, if necessary, at pre-determined intervals throughout the day. Chameleon Clock can automatically question NIST Time Servers at startup and stated intervals and re-synchronize your computer's clock. Time interval may be 1 minute or more, and its stability is not affected even if PC clock is not accurate. You can also adjust time manually by choosing the menu command.
Member firms must document and maintain their clock synchronization procedures. Chameleon Clock keeps detailed records of all time adjusting actions and their results.
All clocks must be Y2K compliant. Thorough testings have proved no Y2K problem.
Chameleon Clock replaces standard Windows system tray clock and thus does not eat a pixel of desktop space. At the same time, standard Chameleon Clock numbers are 1.6 times bigger than Windows system tray clock, which makes it more visible in the desktop. When a large-digit skin could not seat in the system tray, the clock flows on the desktop.
As the clock uses Winamp skins and bitmap digits for time and date display, you can choose any clock size and look you like.
Alarm feature allows to make messages using MP3, WAV, MIDI, and CD-Audio sounds, open applications/documents, and shut down your PC at the specified time.
Tooltip provides a quick access to any number of different time zones, a calendar, and today's upcoming alarms.
Interface is multilingual.
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