Modification of Client Codes of Non-institutional Trades Executed on Stock Exchanges (All Segments)

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... k Exchanges (All Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that the Stock Exchanges may allow modifications of client codes of non-institutional trades only to rectify a genuine error in entry of client code at the time of placing / modifying the related order. 2. If a Stock Exchange wishes to allow trading members to modify client codes of non-institut .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 5 1 5 2 Where a = Value (turnover) of non-institutional trades where client codes have been modified by a trading member in a segment during a month. b = Value (turnover) of non-institutional trades of the trading member in the segment during the month. B. The Stock Exchange shall conduct a special inspection of th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ular No. CIR/DNPD/01/2011 dated January 3, 2011 and shall come into force from August 1, 2011. 7. This circular is available on SEBI website at www.sebi.gov.in under the category Derivatives- Circulars . Yours faithfully, Sujit Prasad General Manager Derivatives and New Products Department 022-2644-9460 [email protected] - Circular - Trade Notice - Public .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X