Code allotment following recognition of a new stock exchange requires exchanges to notify trading and clearing members for settlement. Recognition of a newly recognised stock exchange was followed by formal code allotment, enabling the exchange to participate in trading and settlement infrastructure. Stock exchanges are instructed to communicate the code assignment to their trading and clearing members so that trading, routing and settlement processes correctly reflect the newly allotted code.
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Provisions expressly mentioned in the judgment/order text.
Code allotment following recognition of a new stock exchange requires exchanges to notify trading and clearing members for settlement.
Recognition of a newly recognised stock exchange was followed by formal code allotment, enabling the exchange to participate in trading and settlement infrastructure. Stock exchanges are instructed to communicate the code assignment to their trading and clearing members so that trading, routing and settlement processes correctly reflect the newly allotted code.
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