The National Stock Exchange (NSE) on September 18, 2023, issued a notification regarding the Test Market Environment Landing Point location change for terminating the lease line – Update.
All new and existing participants impaneled Vendors (EV)Application Service Providers (ASPs)Registered Foreign Independent Software Vendors (FISVs) and Prospective members of Exchange need to apply either new links or shift their existing connectivity Link to the NSE STT Chennai site by November 17, 2023.
Upon commissioning of the new line at NSE STT Chennai existing participants are required to continue using the existing links parallel to the new link at least for two weeks post-migration.
Thus, all existing participants i.e. EVASP and FISV are urged to take advantage of the extended timelines and mandatorily migrate their existing links or apply for new links at the earliest migration is not completed by November 172023then Exchange shall consider the existing links as surrendered, and disconnect the links at Kohinoor site without any further notice.
This will be applicable in Currency Derivatives, commodity derivatives, member service departments, futures and options, securities lending and borrowing schemes, and capital markets.
[Notification No. NSE/MSD/58430]