The National Stock Exchange (NSE) on May 22, 2023, issued a notification regarding the Operation of Trading Terminals
This has a reference to circular No: NSE/MSD/34638 dated April 13, 2017, relating to guidelines relating to user id enablement & management.
The following has been stated namely: -
• The members are advised to take note of the above-stated circular and abide by all the provisions of the Byelaws, Rules, Regulations, Circulars/norms, and other requirements that may be in force from time to time relating to the use and operation of the NEAT/NEAT+ TWS Trading System including use of CTCL/Non-NEAT Frontend (NNF) software.
• The members are requested to select relations namely employee partner/proprietor/Directors registered authorized persons (AP) or employee of an AP in the option “Relationship of proposed user with Trading member/ Authorized person in ENIT form at the time of requesting a user id creation request or reporting of CTCL/dealer terminal in relevant modules of ENIT interface.
• It states that for change in the relationship of the existing CTCL user id on the ENIT interface, members can place a request under the menu ENIT> Trade > Member Reporting Pre Trade > CTCL ID Modification.
• The Exchange shall provide a window on the ENIT interface for members to place requests for changing the relationship of existing NEAT user IDs
• The members are further requested to ensure that all the user ids / CTCL ids are updated with correct relationships as mentioned above by August 31, 2023.
• The members are required to also ensure that whenever a User of the Member ceases to act in such or any capacity with the Member then user id disablement / 12-digit terminal deactivation/username change requests are submitted to the Exchange within 24 hours on the ENIT interface
• In case of Failure to upload the details by a member, or any discrepancies observed in the data uploaded by the trading member to the Exchange w.r.t user ids / CTCL ids, shall attract penalty/ disciplinary actions as prescribed by the Exchange from time to time.
[Circular No: NSE/MSD/56778]
