NSE issued a notification regarding Operation of Trading Terminals

Feb 25, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on February 23, 2024, issued a notification regarding the Operation of Trading Terminals.

This is about the Exchange circular regarding the operation of trading terminals. As stated in the aforesaid circular members were requested to select the correct relationships in the option "Relationship of Proposed User with Trading Member/Authorized Person" for all NEAT and CTCL IDs by October 30, 2023. Further, in case members select the office type as "Authorised Person Office"; members shall be mandatorily required to enter their Authorised Person Registration Code in the field provided in ENIT.

It is observed that trading members have not yet updated the correct relationships and office type for all NEAT IDs and CTCL IDs. Therefore, all trading members are hereby advised to update the correct relationships and office type for all NEAT and CTCL IDs and enter "Authorised Person Registration Code" wherever terminals are allocated to Authorised Person or Employees of Authorised Person by February 29, 2024.

User Manual for modification of NEAT and CTCL user ID details was provided along with the aforesaid circular. The same is also attached as Annexure to this circular. Please also note that the bulk upload facility as mentioned in the User Manual also has been provided in the respective modules of ENIT for member convenience.

 [Notification No. NSE/COMP/60832]


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