BSE notified regarding the charges for not uploading the IML/BOLT TWS/BOLT PLUS Location information for the month of May 2023

Jun 12, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on June 12, 2023, notified regarding the charges for not uploading the IML/BOLT TWS/BOLT PLUS Location information for the month of May 2023.

The Exchange has been downloading to the Trading members on a daily basis a file LCddmmyy.xxxx through Extranet, containing information regarding terminal locations, which are not registered or are incorrectly registered and orders have been punched from those locations. These location codes attract charges of Rs 100/- per day per terminal on placing an order from these terminals.

The charges file for the month of May 2023 has been downloaded with the file-name LCSmmyy.xxxx (LCS0523.xxxx for May 2023) in today’s EQUITY TRANSACTION FOLDER in Extranet. The charges as indicated in the LCS file would be debited to the General Charges Account.

The Trading members are advised to ensure strict compliance and upload the IML/BOLT TWS/BOLT PLUS terminal location details to the Exchange before punching the orders from the said location.

[Notification No.20230612-17]


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