The National Stock Exchange (NSE) on September 18, 2023, issued the Market Access through Authorised Persons.
The following has been stated namely: -
• All Trading Members are advised to regularly review the status of all their registered APs, irrespective of whether they have been assigned Trading Terminals, and take appropriate action by canceling the registration of those APs that have displayed prolonged inactivity, spanning a period of six months or more.
• Trading Members are advised to identify these inactive APs as of the current date and ensure that the cancellation of registration is submitted to the Exchange no later than October 31, 2023.
• The Annual Maintenance Charges (AMC) will be applicable to all registered APs across segments starting from April 01, 2024.
• AMC fees for the registered APs, as per the Exchange's records as of March 31, 2024, will be imposed for the financial year 2024-25 by April 2024.
[Notification No. NSE/COMP/58438]
