Forex Forum

As a time scale, UTC divides up time into days, hours, minutes and seconds. Each day contains 24 hours and each hour contains 60 minutes, but the number of seconds in a minute can be 60, or sometimes 61 or 59. Thus, in the UTC time scale, the second and all smaller time units (millisecond ...

Coordinated Universal Time (UTC)

UTC is a time standard based on International Atomic Time (TAI) with leap seconds added at irregular intervals to compensate for the Earth's slowing rotation. Leap seconds are used to allow UTC to closely track UT1, which is mean solar time. Since the difference ...

Note: We chose our Clock to display the UTC (Universal Coordinated Time, world time) and not any other time, GMT for instance, because the UTC does not change with a change of seasons, thus it is the same throughout the year.

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