BSE notified regarding the availability of the trades drop copy facility

Dec 01, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on December 01, 2023, issued a notification regarding the Availability of the Trades Drop Copy Facility.

The following has been stated namely: -

• The Exchange trading system supports the Drop Copy facility for trades, which is a facility for members to avail a copy of trades of the entire member firm on a real-time basis using the same ETI API framework which is used for trading.

• The Key points to be noted about the ETI Drop copy facility are: -

1. Drop copy of trades facility for member firm is available through admin user & session IDs only (i.e., user & session ID 0 and 200).

2. The communication framework for fetching trade drop copy is the same ETI API framework that is used by the member’s trading application for trading at BSE.

3. The admin session can login using ETI APIs like any other ETI session ID with the admin user, session ID, and password and subscribe to receiving real-time trades using the subscription message (10025) published in the ETI API document.

4. Once subscribed, the trade messages will be delivered to the member application on a socket on a real-time basis.

5. In case of disconnection of the admin session during the day or if the trading application is connected to avail drop copy facility after trading has started, then retransmission of trades is possible using the retransmission message

6. Trades drop copy facility is available for Equity, Equity Derivatives, Currency Derivatives, and Commodity Derivatives segments.

 

 

[Notification No. 20231201-39]


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