NSE issued a circular regarding the Market Data Consolidated Circular

Apr 27, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange of India Limited (NSE) on April 26, 2024, issued a circular regarding the Market Data Consolidated Circular.

The following has been stated: -

•Members are to note the following: 

A)The following operational instructions are to be noted and acted upon: 

•Annexure 1: Price volume, other related data, master updates, market open/close status message broadcast, etc. 

•Annexure 2: Tick by Tick order and trade data via Multicast. 

•Annexure 3: Advisory for subscribing to market data broadcast 

B)The parameters mentioned in the annexures will be applicable for all live and mock (both regular and BCP) trading sessions. 

C)Members shall have to strictly abide by the various circulars/communications/instructions/directions issued by the Exchange from time to time and members shall remain compliant in this regard. Additionally, all communications/ instructions/ circulars/ directions from the Exchange have to be complied with in this regard. Any non-compliance shall invite disciplinary action by the Exchange which will be initiated in accordance with the applicable Exchange Byelaws, Rules, and Regulations.

This circular is applicable to the following segments: Securities Lending & Borrowing Scheme, Capital Market (Equities) Trade, Currency Derivatives, Emerge, Commodity Derivatives, Futures & Options, and Member Service Department.

The detailed circular is given in the document attached below.

[Circular Ref. No: 30/2024]

 


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