The National Stock Exchange (NSE) on June 28, 2024, issued a circular regarding the Non-Neat Systems - Ease of Doing Business Internet Based Trading for Stock Brokers.
The Trading Members are hereby requested to take note of the following:
• Periodic reporting of Trade Statistics and Number of Registered Clients for Internet Based Trading (IBT) and Securities Trading through Wireless Technology (STWT) as per section 5.5 & Smart Order Routing (SOR) facility as per section 7.2.8 via ENIT portal is being discontinued.
• Trading members are required to ensure that the 15-digit NNF ID in the order structure for every order emanating from the NNF terminal is populated correctly as per guidelines provided in Section 15 of the Exchange consolidated circular.
• Exchange shall continue to publish the segment based on the 15-digit terminal ID received in the order/trade messages which is populated by the members in the order messages emanating from the NNF terminal.
• Exchange shall continue to populate the data for IBT/STWT and SOR for member reference in aforesaid module of ENIT till further intimation.
• Members are advised to note that Exchange shall be releasing a separate module for obtaining periodic declaration as mentioned in the SEBI circular SEBI/HO/MRD/TPD-1/P/CIR/2024/68 dated May 30, 2024. Details for monthly submission of the above declarations shall be communicated separately.
[Circular No. 50/2024]
