NSE Circular on: Performance return claimed by unregulated platforms offering algorithmic strategies for trading

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Oct 20, 2022, 8:36:01 AM10/20/22
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          Date        

Issuer

Subject

Topic

21-09-2022

NSE

Performance return claimed by unregulated platforms offering algorithmic strategies for trading

Algorithmic Trading

 

Highlights of NSE Circular dated September 21, 2022

Performance return claimed by unregulated platforms offering algorithmic strategies for trading


In continuation to the Exchange circular ref. no. NSE/COMP/53555 dated September 06, 2022, regarding performance/return claimed by unregulated platforms offering algorithmic strategies for trading, NSE has now advised Members to provide an undertaking for confirmation of the compliance as prescribed under the above-mentioned circular along with the proof through New ENIT > Compliance > Algorithmic Trading > Declaration Submission.

 

The format of undertaking for confirmation of the compliance for members who are providing algorithmic trading services/strategies is provided as Annexure A and members who are not providing algorithmic trading services/strategies are required to refer to Annexure B to this circular.

 

NSE Circular No. NSE/COMP/53765 dated September 21, 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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2022 09 21-NSE-Performancereturn claimed by unregulated platforms offering algorithmic strategies for trading.zip
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