NCCL notified regarding the Standardization of Clearing Corporation to Member Interface files in Unified Distilled File Formats (UDiFF)

Jun 22, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Commodity Clearing Limited (NCCL) on June 21, 2024, notified regarding the Standardization of Clearing Corporation to Member Interface files in Unified Distilled File Formats (UDiFF).

The following has been stated namely: -

• It states that new UDiFF files shall be provided from June 24, 2024:

o Intraday margin report for Clearing member (Margin_NCCL_CO_0_CM___P_hhmm.csv)

o Intraday margin report for Trading member (Margin_NCCL_CO_0_TM___P_hhmm.csv)

• It states that these files shall contain initial margin and extreme loss margin on the beginning of the day (BOD) parameters at a snapshot.

• It states that the Sample test files with ISO tags have been provided as part of Annexure C.

[Circular No.: - NCCL/RISK-029/2024]


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