NSE notified regarding the ‘Bulk Trade Modification’ & ‘Bulk Trade Cancellation’ facility on NEAT

Jul 04, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on July 04, 2024, issued the notification regarding the Bulk Trade Modification & Bulk Trade Cancellation facility on NEAT

The following has been stated namely: -

• Exchange shall be providing new ‘Bulk Trade Modification’ & ‘Bulk Trade Cancellation’ facilities on NEAT in the Currency Derivative segment to modify client codes and cancel trades of individual/multiple trades respectively. 

• The following facilities shall be available namely: - 

o The facility shall allow the Corporate Manager/Branch Manager/Dealer to upload a file for trade modification/cancellation in NEAT. Trade modifications/cancellations can be done as per the trading system user hierarchy.

o The file format for Bulk Trade Modification and Bulk Trade cancellation through NEAT is provided in Annexures A & B respectively.

[Notification No. NSE/CD/62777]


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