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Thursday, 5 May 2016

BSE to provide participant code for derivatives from May 9

BSE to provide participant code for derivatives from May 9

Leading stock exchange BSE will introduce a facility to enable trading members to provide participant code (CP code) while entering orders for clients in equity as well as currency derivative segments from May 9. "...exchange shall be making this functionality live from Monday, May 9, 2016 in equity derivatives and currency derivatives segments," BSE said in a circular. It will conduct a mock trading on May 7 in this regard. BSE will enable facility for trading members to provide the CP code at the time of entering orders for clients whose trades are settled by their clearing member and not by the trading member.


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