DOWNLOAD REFERENCE NO: NSE/CMPT/ 11439
NSCCL/SEC/2008/530 October 06, 2008
NATIONAL
SECURITIES CLEARING CORPORATION LIMITED
To
All Clearing Members/Custodians
Sub: Timings for file
upload/download on account of Muhurat Trading Session.
This has reference to circular no. NSE/CMO/048/2008 dated September 25, 2008 regarding the ‘Muhurat’ trading session on account of Diwali to be held on Tuesday October 28, 2008. In this regard, members may please note the timings for files uploaded and downloaded by Clearing Corporation on October 28, 2008, given as below:
(I) Files sent by Members and uploaded by
Clearing Corporation
|
Process |
Day |
Timings |
|
Trade Modification (CPCODE) |
T |
8.30 pm |
|
Client Code Modification (CLD) |
T |
8.30 pm |
|
Obligation Transfer Request (OTR) - Ist upload |
T |
9.45 pm |
|
Obligation Transfer Request (OTR) – IInd upload |
T |
10.15 pm |
(II) Files downloaded
by Clearing Corporation to Members/Custodians
|
Process |
Day |
Timings |
|
Return of Trade Modification (CPCODE) files |
T |
8.45 pm |
|
Return of Client Code Modification (CLD) files |
T |
8.45 pm |
|
Obligation Transfer Request (OTR) files to Members |
T |
8:45 pm |
|
Daily Obligation Data |
T |
9.15 pm |
|
Return of OTR files – Ist upload |
T |
10.00 pm |
|
Return of OTR files – IInd upload |
T |
10.30 pm |
|
Obligation Transfer Request (OTR) files to Custodians |
T |
10.45 pm |
It may also be noted that the cut-off time for reporting/modifying Institutional trades for the trades done on October 27, 2008 will be as follows:
(III) Files sent by
Members and uploaded by Clearing Corporation on October 28, 2008
|
Process |
Timings |
|
Modification of CP Codes (RC) |
|
|
Obligation Transfer Request (OTR) |
|
(IV) Files downloaded
by Clearing Corporation to Members/Custodians on October 28, 2008
|
Process |
Timings |
|
Status of custodial confirmation to members (RC) |
4.15 pm |
|
Return of Obligation Transfer Request (OTR) files to Members |
5.45 pm |
|
Return of Modification of CP Code files (RC) files to Members |
5.45 pm |
|
Custodial NCIS log off time |
|
Additionally, members are informed that two VaR files based on prices of securities at previous close and at end of day shall be provided
All members/custodians are requested to take note of the same.
Yours faithfully,
For National Securities Clearing Corporation Limited
Rana Usman
Manager