The National Stock Exchange (NSE) on April 13, 2023, issued a notification regarding Member Interface Testing- Two-way portability across clearing corporations.
This is further to the NCL circular regarding the Two-way portability project which will be operated as a “SaaS” (Software as a Service) model wherein it was specified that CCs would provide the interface to each other’s Members in various modules of such separate instances of Risk Management system which will, inter alia, facilitate members to view their positions, margins, collateral limit utilization details, etc. in Equity Cash, Equity Derivatives and Currency Derivatives Segments on a real-time basis at the CM/TM/client level.
Members are hereby informed to refer to the = Annexures for the Guidelines and Standard Operating Procedure for accessing the member interface attached to the document.
Members are thereby requested to participate in the mock session scheduled on April 15, 2023, and test the functionality.
[Notification No. NCL/CMPT/56360]
