NSE updated on the Rollout Plan on the Encryption/Decryption of Interactive Messages

Feb 25, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on February 21, 2024, issued a notification regarding the Update on the Rollout Plan on the Encryption/Decryption of Interactive Messages.

The following has been stated namely: -

• A coexistence phase has been provided for accepting both encrypted and non-encrypted message traffic, after which Exchange shall discontinue the non-encrypted message flow.

• The discontinuation date of the non-encrypted flow of interactive messages is now revised due to change in the monthly contingency drill/mock session from March 02, 2024, to March 16, 2024.

• The Revised discontinuation of non-encrypted flow in the LIVE Environment along with the Segment have been stated in the notification.

• Members are urged to take advantage of the extended timelines and ensure readiness of their migration plan for Direct connection via NNF for handling the changes of Encryption interactive messages.

 

[Notification No. NSE/MSD/60804]


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