NSE Circular on : Changes in the reporting format of data towards ‘Client Level Cash & Cash Equivalent Balances’ and ‘Holding Statement
Updates from SecMark
Cracking your trading password can be easier than it appears.
“VULNERABILITY ASSESSMENT AND PENETRATION TESTING”
Contact: 9869265949, in...@secmark.in
|
Date |
Issuer |
Subject |
Topic |
|
17-12-2020 |
NSE |
Compliance Enhance supervision |
|
|
|
|||
|
Highlights of NSE Circular dated December 17, 2020 on Changes in the reporting format of data towards ‘Client Level Cash & Cash Equivalent Balances’ and ‘Holding Statement NSE has not standardize the reporting formats of ‘Holding Statement’ and ‘Cash & Cash Equivalent balances’ across all the Exchanges in order to enable the members to upload uniform reports to all Exchanges. The revised format shall be applicable for the week ending on January 16, 2021 and onwards.
The details are as under:
1.The revised format of “Cash and Cash Equivalent Balances’ shall incorporate ten new/additional columns. Further, nomenclature of ‘Segment Indicator’ column is changed as “MTF/ NON MTF Indicator. Refer Annexure A to the Circular
2.The revised format of ‘Holding Statement’ also incorporates two additional columns “Name of Commodities” and “Unit Type”. Further, nomenclature of ‘Security Type’ column is changed to “Security / Commodity Type. Refer Annexure B to the Circular Further, the column ‘Action’ has been removed. It is also specified that Member shall not be required to submit Nil holding file.
3. Members are also required to note that: a. Members have to submit data on a consolidated basis across all Exchanges b. Members shall not be required to upload data for clients with zero balances who have not traded in the last 12 months in any of the Exchanges. The requirement for aforementioned submissions are applicable to all Trading Members, except for those who are carrying out only proprietary trading and/or only trading for Custodian Settled clients. Members carrying out only proprietary trading and/or only trading for Custodian Settled clients will have to give a one time declaration through the system
NSE Circular no.NSE/INSP/46704dated December 17, 2020 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 SHARDUL SHAH - shard...@secmark.in/ 9869265949 / 9653415968 |
|||
