BSE notified regarding the Revision in Contract Note Format

May 14, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on May 13, 2024, notified regarding the Revision in Contract Note Format.

The following has been stated:

• The STP centralised hub and the STP service providers are directed to make the necessary changes to their STP system to ensure implementation of the above.

• The member shall ensure that details of trades such as Contract number, security/contract detail, Exchange, Order No., Order time, Trade No., Trade Time, traded quantity, price etc. are attached to the contract note as an Annexure when a consolidated obligation is shown in the contract note. The member-broker shall mention the words “Exchange-wise details of orders and trades provided in the separate annexure.” in the contract note format prescribed by the Exchanges.

• The Members are directed to make necessary changes consequent to the above and comply with the revised format with effect from August 01, 2024.

Kindly find the Revised Contract Note format attached to the document.

[Notification No 20240513-22]


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