The Multi Commodity Exchange (MCX) on September 20, 2024, issued a circular regarding the Update to Computer to Computer Link (CTCL) approval process.
The following has been stated: -
•The Exchange from time to time has been issuing various circulars/directions to Members, concerning CTCL software approval and compliances. Members who wish to avail of Internet Trading - IBT / Wireless Trading - WT / Securities trading using Wireless Technology - STWT / Direct Market Access - DMA software approval are required to submit additional Annexure enclosed below table along with Annexures / Documents provided in the CTCL Master Circular.
•This circular shall be effective from October 01, 2024. The other provisions of circular “CTCL Master Circular” no. MCX/CTCL/281/2024 date April 30, 2024, shall continue to prevail.
The detailed circular is given in the document below.
[Circular No.: MCX/CTCL/621/2024]