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

Jul 06, 2024 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe National Commodity Clearing Limited (NCCL) on July 05, 2024, issued the notification regarding the Standardization of Clearing Corporation to Member Interface files in Unified Distilled File Formats (UDiFF).

The following has been stated namely: -

• New UDiFF Intraday margin files containing initial margin and extreme loss margin on the beginning of day (BOD) parameters at snapshot are being provided to the member from June 24, 2024

• The following snapshot files shall be discontinued from July 15, 2024: -

o Intraday Margin Report for Trading Member (MARGIN_REP) (NCCL_MARGIN_REP___nn.csv)

o Intraday Margin Report for Clearing member (CM MARGIN_REP) (NCCL_CM_MRGN_REP___nn.csv)

[Notification No. NCCL/RISK-035/2024]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT