The National Stock Exchange (NSE) on December 27, 2023, issued a circular regarding the Trading Supported by Blocked Amount in Secondary Market -Revised file format UCC.
Based on representations from Trading Members, Exchange vide circular reference no. NSE/ISC/59911 dated December 23, 2023, had postponed the effective date for implementing the revised file format of UCC for uploading or modifying client details in the UCC system.
While the Trading Members are required to upload all the UCC details as per the existing file format in the UCC database, if clients (Individual / HUF) intending to avail of the Trading supported by Blocked Amount in the Secondary Market facility, Trading Members are requested to provide additional fields related to the Bank account, as specified in the file format attached as Annexure.
Trading Members may please note that the old format of UCC for uploading or modifying client details in the UCC system would be discontinued w.e.f. January 22, 2024, also the members are now urged to carry out necessary UCC structural changes at their end at the earliest, but not later than January 19, 2024.
[Circular No: 53/2023]
