The National Stock Exchange (NSE) on November 22, 2024, notified regarding the Reversal Trade Cancellation Mechanism (RTCM).
The following has been stated namely: -
• It states that RTCM shall be applicable for the series (i.e. EQ, BE, BZ, SM, ST & SZ) pertaining to the symbols in the file provided “CM_RTCM_dec2024.csv”. The symbols list on which RTCM shall be applicable will exclude the following securities:
o Approved securities list published by NSE Clearing Ltd
o Constituents of Nifty 500 index
o ETF’s
• It annexed a file “CM_RTCM_dec2024.csv” containing the list of symbols (based on the aforesaid methodology) on which RTCM shall be applicable for December 2024.
[Circular no. - NSE/SURV/65177]