DOWNLOAD REFERENCE NO: NSE/CMPT/8002

NSCCL/SEC/2006/738                                                                       October 12, 2006

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/054/2006 dated October 06, 2006 regarding the ‘Muhurat’ trading session on account of Diwali to be held on Saturday, October 21, 2006. In this regard, members may please note the timings for files uploaded and downloaded by Clearing Corporation on October 21, 2006, given as below:

 

 

(I) Files sent by Members and uploaded by Clearing Corporation

 

Process

Day

Timings

Trade Modification  (CPCODE)

T

8.45 pm

Client Code Modification (CLD)

T

8.45 pm

Obligation Transfer Request (OTR) - Ist upload

T

10.00 pm

Obligation Transfer Request (OTR) – IInd upload

T

10.30 pm

Custodial Participant Contraction (CC) - Ist upload

T

10.30 pm

 

 

(II) Files downloaded by Clearing Corporation to Members/Custodians

 

Process

Day

Timings

Return of Trade Modification (CPCODE) files

T

9.00 pm

Return of  Client Code Modification (CLD) files

T

9.00 pm

Obligation Transfer Request (OTR) files to Members

T

9.00 pm

Daily Obligation Data

T

9.30 pm

Return of OTR files – Ist upload

T

10.15 pm

Return of OTR files – IInd upload

T

10.45 pm

Return of Custodial Participant Contraction (CC) – Ist upload                                             

T

10.45 pm

Obligation Transfer Request (OTR) files to Custodians

T

11.00 pm

 

It may also be noted that the cut-off time for reporting/modifying Institutional trades for the trades done on October 20, 2006 will be as follows :

 

(III) Files sent by Members and uploaded by Clearing Corporation on October 21, 2006

 

Process

Timings

Modification of CP Codes (RC)

5.45 pm

Obligation Transfer Request (OTR)

5.45 pm

Custodial Participant Contraction (CC)

5.45 pm

 

 

(IV) Files downloaded by Clearing Corporation to Members/Custodians on October 21, 2006

 

Process

Timings

Status of custodial confirmation to members  (RC)

4.30 pm

Return of Obligation Transfer Request (OTR) files to Members

6.00 pm

Return of Modification of CP Code  files (RC) files to Members

6.00 pm

Return of CP Contraction files (CC) to members

6.00 pm

Order files to custodians (Incremental)

6.30 pm

OTR file to Custodians

6.30 pm

Comma Separated Value files to custodians for additional/modified records

6.30 pm

Custodial NCIS log off time

5.45 pm to 6.30 pm

 

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