DOWNLOAD REFERENCE NO: NSE/CMPT/9683
NSCCL/SEC/2007/565 October 29, 2007
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/058/2007 dated October 24, 2007 regarding the ‘Muhurat’ trading session on account of Diwali to be held on Friday, November 09, 2007. In this regard, members may please note the timings for files uploaded and downloaded by Clearing Corporation on November 09, 2007, given as below:
(I) Files sent by Members and uploaded by
Clearing Corporation
|
Process |
Day |
Timings |
|
Trade Modification (CPCODE) |
T |
8.15 pm |
|
Client Code Modification (CLD) |
T |
8.15 pm |
|
Obligation Transfer Request (OTR) - Ist upload |
T |
9.30 pm |
|
Obligation Transfer Request (OTR) – IInd upload |
T |
10.00 pm |
|
Custodial Participant Contraction (CC) - Ist upload |
T |
10.00 pm |
(II) Files downloaded
by Clearing Corporation to Members/Custodians
|
Process |
Day |
Timings |
|
Return of Trade Modification (CPCODE) files |
T |
8.30 pm |
|
Return of Client Code Modification (CLD) files |
T |
8.30 pm |
|
Obligation Transfer Request (OTR) files to Members |
T |
8.30 pm |
|
Daily Obligation Data |
T |
9.00 pm |
|
Return of OTR files – Ist upload |
T |
9.45 pm |
|
Return of OTR files – IInd upload |
T |
10.15 pm |
|
Return of Custodial Participant Contraction (CC) – Ist upload |
T |
10.15 pm |
|
Obligation Transfer Request (OTR) files to Custodians |
T |
10.30 pm |
It may also be noted that the cut-off time for reporting/modifying Institutional trades for the trades done on November 08, 2007 will be as follows :
(III) Files sent by
Members and uploaded by Clearing Corporation on November 09, 2007
|
Process |
Timings |
|
Modification of CP Codes (RC) |
5.30 pm |
|
Obligation Transfer Request (OTR) |
5.30 pm |
|
Custodial Participant Contraction (CC) |
5.30 pm |
(IV) Files downloaded
by Clearing Corporation to Members/Custodians on November 09, 2007
|
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 |
|
Return of CP Contraction files (CC) to members |
5.45 pm |
|
Order files to custodians (Incremental) |
6.15 pm |
|
OTR file to Custodians |
6.15 pm |
|
Comma Separated Value files to custodians for additional/modified records |
6.15 pm |
|
Custodial NCIS log off time |
5.30 pm to 6.15 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.
In case of any clarifications, members are requested to contact Mr Nitin Bhasin / Ms Dinaz Shroff on telephone numbers 26598267/68.
Yours faithfully,
For National Securities Clearing Corporation Limited
Rana Usman
Manager