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Corporate Laws Central Ministry of Finance Securities and Exchange Board of India Act, 1992

NSE- FAQ on Trading Preferences by Clients

20-Jul-2023 | Circular Ref. No: 67/2023

NSE had issued a circular NSE/INSP/57441 dated 5th July 2023 on the subject Trading Preferences by Clients and now, some guidelines/ clarifications on the subject in the form of frequently asked questions (FAQs) have been issued in furtherance of the circular as enclosed in Annexure-A.

By virtue of this circular, some FAQs on Trading Preferences by Clients are:
1. Is it mandatory to register new clients in all the Exchanges?- It is mandatory to register new clients on all the active stock exchanges after obtaining the trading preferences as per the format prescribed in SEBI Circular.
2. Is it mandatory to register existing clients in all the Exchanges? - Yes, the stockbroker shall offer access to clients on all the active stock Exchanges for the active
segments already opted by them as a default mode.
3. What is the due date to comply with the provisions of the circular?- For the provisions related to Existing clients by 31st October 2023 and for the provisions related to New clients From 1st August 2023. etc.

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