BSE Circular on - Implementation of Two-Factor Authentication for Client logins on Stockbrokers offering IBT & STWT platforms
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Contact: 9869265949,9870210171, in...@secmark.in, kau...@secmark.in
Date of Issue: 19-6-2025
Issuer: BSE
Implementation of Two-Factor Authentication for Client logins on Stockbrokers offering IBT & STWT platforms
Highlights of BSE Circular dated June-19-2025
This has reference to the Exchange Notice no. 20220614-5 dated June 14, 2022, regarding the
implementation of Two-Factor Authentication (2FA).
In accordance with aforementioned Exchange Notice, all Trading Members were
mandated to implement Two-Factor Authentication for client login on
applications offered through Internet-Based Trading (IBT) and Securities
Trading through Wireless Technology (STWT) platforms.
In continuation to the above and considering the risk associated with cyber
security and cyber threats, it is hereby reiterated that Trading Members shall
ensure the implementation of Two-Factor Authentication for each login attempt,
whether through mobile (STWT) or web-based trading applications (IBT).
In the recent past it has been observed that the client/investor log-in session
remained active covering multiple trading session/days irrespective of
trading/non-trading activity by client/investor. Accordingly, it is advised
that active log-in session through IBT & STWT platforms be logged-out at
the time of End-of-Day processing (EOD)/at defined time and subsequent login by
clients/investors should only be permitted after successful Two-Factor
Authentication (2FA).
All Trading Members are advised to take note of the above and ensure strict
compliance in this regard.
In case of any clarification or assistance required in the implementation of this circular, you may contact
Kaushik Jethwa - kau...@secmark.in / 9870210171
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