Leap Second Day – Another Y2K?
Leap Second Day, June 30, 2015. It is only the 26th time it's ever happened. Tonight at 7:59 (ET) one minute will last 61 seconds to adjust atomic clock time to the earth's rotation. No one will notice, right? Not so fast. Some conspiracy theorists are calling this a "mini-Y2K". The reality is, it could have an impact on global trade, so NASDAQ is closing early and several Asian markets are opening late to avoid the "extra second bug".
So what does gaining an extra second mean to us regular people? People who didn't know that the International Earth Rotation and Reference Systems Service even existed?
Parents: don't tell the kids and put them to bed 1 second early! Yay, a whole extra second of peace and quiet!
Have an extra sip of coffee this afternoon. Don't worry - you can stay up an extra second late tonight!
Take the long way home - you do have an extra second!
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. (CNN Money)
Here's some more info about the actual financial impact of Leap Second Day 2015. Click here.