NSE issued the User Trading Rights Module for ENIT

Oct 09, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on October 05, 2023, issued the User Trading Rights Module for ENIT.

The following has been stated namely: -

• The trading system of the Exchange is accessed by a trading member through various modes of connectivity with the unique combination of TM/User ID/Box ID/IP and Password.

• Currently, any User ID allotted by Exchange is assigned “Only CLI” trading rights, which is later modified by trading members based on their usage. Such modification requests of trading rights requests are raised by members on ENIT which is being processed by Exchange on a timely basis. 

• With effect from October 09, 2023, the User ID allotted by the Exchange based on member request shall be created without any trading rights. Members desirous to trade through such newly allotted user id shall request for trading rights through ENIT in line with the BMC category as per the prescribed process.

Please refer to the notification for the detailed process.

 

[Notification No. NSE/MSD/58774]


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