NSE issued a circular regarding the Colocation Advisory

May 31, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange of India Limited (NSE) on May 31, 2024, issued a circular regarding Colocation Advisory.

The following has been stated: -

•This is in partial modification to section VII.2 of Exchange circular NSE/MSD/61829 dated April 30, 2024, regarding physical access to the colocation data center. 

•As mentioned in the circular Physical access to the Co-location facility to the participants and their authorized members/vendors is currently not allowed to Colo participants during market hours. 

•Based on feedback, Colo participants shall be allowed physical access to Colocation facility and can also request for L1 remote hand support during market hours in case of emergencies. Details of the seeking the facilities are as follows: 

1. The Colo Participants shall be allowed to access the Colo data center during any emergency declared by the participant. Participants should declare the requirement of emergency access or for L1 support of reboot of hardware to Exchange. 

1.1.In case of emergency access

1.2.In case of a request for L1 support

The facilities mentioned above shall be effective from 8:00 am on June 10, 2024. All other provisions mentioned in the aforesaid circular shall remain unchanged.

The detailed circular is given in the document below.

[Circular Ref. No: 46/2024]


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