BSE notified regarding the Extension in the Discontinuation date of non-encryption channel in production

Jul 04, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on July 03, 2024, issued the notification regarding the Extension in the Discontinuation date of the non-encryption channel in production.

The following has been stated namely: -

• In reference to the earlier notice on encryption 20240527-3 dated May 27, 2024, it was stated that the non-encrypted channel is scheduled to be discontinued from July 06, 2024. 

• The exchange has decided to extend the deadline and discontinue the non-encryption channel in phases. The discontinuation deadline segment-wise is specified namely: -

o Equity – August 05, 2024

o Equity Derivatives – July 29, 2024

o Currency Derivatives – July 29, 2024

o Commodities Derivatives – July 29, 2024

• Members are requested to migrate their IDs on the encryption channel as early as possible before the deadline date.

• Post discontinuation of the non-encryption channel, the specified connection parameters will be applicable in various segments.

• The non-encryption channel in the simulation environment for all segments will be discontinued from July 29, 2024

[Notification No. 20240703-5]


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