In order to provide facilitation and to increase operational efficiency to manage Broker to Broker (“BTB”) transactions for the market participants, we are pleased to inform you that necessary changes have been made in NCSS whereby effective from June 28, 2010, all Inter-exchange trades executed by a Broker Clearing Member (“BCM”) shall be auto-initiated in favor of the concerned BCM of the other Exchange.
For more information, please view our circular # NCCPL/CM/June-10/02 dated June 25, 2010 from Circular Menu.
Date: June 25, 2010
|