The National Stock Exchange of India Limited (NSE) on February 15, 2024, issued a notification regarding higher frequency for real-time index dissemination.
The following has been stated: -
•NSE Indices computes over 380 indices (equity, debt, multi assets, etc.). Out of these, the values of 72 indices (65 equity and 7 debt) are presently disseminated live during market hours at a frequency of 1 second through the trading system of the National Stock Exchange of India (NSE) in the Capital Market Segment while other indices are calculated and disseminated on the end of day basis.
•Derivatives based on Nifty Indices trade actively on NSE and NSE International Exchange IFSC Limited (NSE IX).
•With increasing reference to indices for the valuation of financial products and increase in trading volumes of derivatives linked to Nifty indices, effective April 8, 2024, all indices that are currently disseminated live at a frequency of 1 second shall be disseminated live at a frequency of 500 milliseconds (0.5 seconds).
The detailed notification is given in the document attached below.
