NSE notified regarding Reversal Trade Cancellation Mechanism

Nov 23, 2024 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe 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]


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