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 User ID
CTCL ID
(Circular No. 640, download reference no.NSE/MEMB/11052
dated July 29, 2008 )
In view of the migration from X.25 protocol to TCP/IP based trading network,
Members are requested to note that the Exchange has reviewed the allotment of
User IDs per TAP as follows:
-
The maximum number of NEAT User IDs that would be enabled per
TAP for both the segments of Capital Market and F&O is 20 User IDs for 40
messages/second line and 50 User IDs for 100 messages/second line. The Member
can specify the distribution of these User IDs in each of the segments (Capital
Market and F&O) but should not exceed the maximum number of 20 User IDs for 40
messages/second line and 50 User IDs for 100 messages/second line per TAP ID.
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The maximum number of CTCL IDs that would be enabled per TAP
ID is 2 IDs per segment and 4 IDs across the two segments of Capital Market and
F&O.
Further the Exchange requirement of NCFM certification in Capital Market Segment
would be maintained as under:
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In case of NEAT Terminal: Every approved user is
linked to a branch manager and under each branch for every five NEAT users,
there is a requirement of one valid NCFM certification. The requirement of valid
NCFM certification shall continue to be applicable for Corporate Manager ID
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In case of CTCL Terminal: In case of CTCL users, each
CTCL location is identified as a branch (refers to the Branch ID in the 12 digit
CTCL ID) and for every 5 CTCL Users or part thereof (in that branch), 1 user
should be NCFM certified and shall continue to have valid certification
The existing norm on NCFM for F&O would continue that is for every approved user
there is a requirement of one valid NCFM certification.
Further, Circular No.651, Download Reference No.
NSE/MEMB/11421 dated
October 3, 2008 in regard to the number of User IDs in Currency Derivatives
Segment is as follows:
-
All Trading Members are informed that in view of launch of
trading in Currency Derivatives, Exchange would enable 10 additional User IDs
per TAP IP and three additional User IDs on X.25 protocol.
-
The maximum number of CTCL IDs that would be enabled per TAP
IP is 2 IDs for Currency Derivatives Segment
Members may please note that for allotment of User IDs in the Currency
Derivative Segment, NISM (National Institute of Securities Market) certification
of NSE, BSE or MCX-SX would be applicable as per Circular No.678, Download
Reference No.
NSE/MEMB/12421 dated
May 20, 2009.
Members can apply for new/additional User IDs, shifting, dual locking and
disablement on IP based technology through ENIT (Path for User ID Application–
Login > Exchange > User Requests)
(Circular No. NSE/MEM/2006/547, download reference no. NSE/MEMB/7913 dated
September 25, 2006)
In order to enhance the operational effectiveness in uploading the CTCL data,
the Exchange had introduced an ‘Integrated CTCL Database’. This database uses
ENIT (available at https://www.enit.co.in), an internet enabled interface, for
uploading of the CTCL data by the Members. This has eliminated the need for
uploading details of CTCL terminals in two different databases namely ‘TERM CTCL’
and ‘MEM CTCL’.
In this regard, the procedure for uploading fresh CTCL data to the Exchange is
as follows: Procedure.
It may be noted that with effect from October 9, 2006, only the Integrated CTCL
Database has been operational. Accordingly, the details of all the activations
and deactivations are being uploaded through this database only with effect from
October 9, 2006.
It is reiterated that the trading terminals of the Member shall be located only
at its registered office/main office/branch office or at the office of its
registered sub-broker (only in Capital Market segment) or at the office of its
approved Authorised Person (only in F&O Segment). In order to capture the
location of the CTCL terminal, a new field has been added to the database
wherein the Member is required to mandatorily update the status of the office
where the terminal is located.
Failure to upload the details by a Member if observed, shall render such
terminals unauthorized and shall consequently attract disciplinary action as
prescribed by the Exchange from time to time.
(Circular No. 587, download reference no
NSE/MEMB/8754
dated April 2, 2007). It has been observed that some Members do not upload the
complete details of CTCL IDs in integrated CTCL database through ENIT, which
results to mismatches between CTCL IDs uploaded in ENIT & trade order logs.
Trading Members are requested to ensure upload of complete CTCL details in ENIT
at their end. Failure to do so will attract non uploading charges @ Rs. 100/-
per day per CTCL ID mismatch. Here it is clarified that every CTCL ID should be
reported in ENIT whether they are used for admin, trading, testing or view
purpose.
In this regard, please note that in case any CTCL ID is charged continuously for
two months or any Member is charged continuously for three months, such Members
would be referred to Disciplinary Action Committee for appropriate action, if
necessary. Further, please note that non-reporting of CTCL IDs which are used
for admin, testing or view purpose will be considered as violation during
inspection.
For further information kindly contact Ms. Shweta Gupta & Mr. Amey Daptardar on
022-26598249.
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