The National Stock Exchange (NSE) on December 01, 2023, issued a notification regarding actions in case of failure to settle a deal on the Request for Quote (RFQ) platform Individual Investors
This is in partial modification to Exchange circular NSE/DS/57376 dated June 30, 2023, regarding "Actions in case of failure to settle a deal on Request for Quote (RFQ) platform - Individual Investors".
Participants are requested to note that, there shall be no penal action effected for Individual Investors till December 08, 2023, in case of failure to settle a deal post execution of trade on the RF Platform. The identification of Individual Investors will be done as per Income Tax PAN classification.
[Notification No. NSE/DS/59601]
