NSE Circular on: Unique Device Identifiers for orders placed through Internet Based Trading (IBT) and Securities trading using Wireless Technology (STWT)
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01-08-2022 |
NSE |
Unique Device Identifiers |
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Highlights of NSE Circular dated
August 01, 2022 Unique Device Identifiers for orders placed through Internet Based Trading (IBT) and Securities trading using Wireless Technology (STWT) In terms of NSE circular no. NSE/CM/034/2011 dated July 01, 2011 & SEBI circular no. CIR/MRD/DP/8/2011 dated June 30, 2011; regarding review of Internet Based Trading (IBT) and Securities trading using Wireless Technology (STWT) and NSE circular no. NSE/SURV/48818 dated July 01, 2021, Trading Members are required to capture the IP (Internet Protocol) address (from where the orders are originating) for all IBT/ STWT orders and monitor the same. NSE, upon discussions with SEBI and other Exchanges, has decided as follows: 1. Trading Members are required to capture each device (Computer/Tablet/Mobile including Executable Applications, Browser based Apps, Mobile Apps) used to place enter/modify/cancel IBT/STWT orders by each client and store the prescribed fields as mentioned in the table given in the Circular. 2. Trading Members are required to submit to the Exchange, the prescribed fields for each order that resulted in a trade on the Exchange separately in CM and F&O segment. This information would be in addition to the current trade and order structure. 3. This information is required to be uploaded on extranet portal of the Exchange under <Member_folder>\Device_ID\Upld> in CSV format file at the end of trading day on daily basis as per format specified in the Ciruclar. 4. The details of file structure, file naming convention and relevant technology details are specified in the Annexure of this Circular. 5. In case of single IBT/STWT orders placed through various devices, the prescribed fields have to be maintained for all such devices. 6. The trading members are required to take a note of the above and put in place the modifications in their procedures, systems, policies and processes etc. as may be required at Member’s end for implementation of the same. 7. The collection of Device Identifier Attributes and processing of the collected data is for the following stated purpose(s): a. To aid SEBI & MIIs in effectively discharging their surveillance duties b. Protection of Investors by SEBI / MIIs / TMs 8. Trading Members are advised to ensure that such data resides in India only. 9. This circular shall come into effect from August 26, 2022. 10. As of date, this circular shall be applicable to Trading Members having 25 lakhs or more active clients during the F.Y. 2021-22 on either Exchange. In due course the aforesaid guidelines will be applicable to all Trading Members trading through all trading modes in a phased manner.
NSE Circular no. NSE/COMP/53164 dated August 01, 2022 is enclosed herewith for your ready reference. In case of any clarification or assistance required in implementation of this circular you may contact Vandana Vania– van...@secmark.in / 9223303460 Kaushik Jethwa – kau...@secmark.in / 9870210171 |
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