The National Stock Exchange (NSE) on May 03, 2024, issued a notification regarding the Member Interface Testing- Two-way portability across clearing corporation The following has been stated namely: -
• Members may make note of the collateral allocation logic during NCL@ICCL (2nd session)
o Allocation is permitted only for members who have added cash/BG/FD during the NCL@ICCL instance (2nd Session).
o First allocation is incremental in nature and subsequent allocation will overwrite the earlier allocation.
o Downward allocation for carry forward allocation from 1st session is not possible. Few Scenarios to explain the allocation logic is placed below
[Notification No. NCL/CMPT/61871]
