Usage of software by the brokers/sub-brokers
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....ors of all the Stock Exchanges Dear Sir/Madam, Sub: Usage of software by the brokers/sub-brokers 1. Please refer to the deliberations during the meeting held on August 5, 2003, when apprehensions were raised stating, inter-alia, that some of the brokers/sub-brokers are using un-authorised software which is not in the interest of the securities market. 2. In this....
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....proval by NSEIL to adopt CTCL facility using the software developed in-house or by a vendor approved by the NSEIL and no modification of any part of the software has been / will be effected without prior approval of the NSEIL. • M/s............... has not provided and will not provide in future directly or indirectly any view only determining or trading terminal through CTCL or otherw....
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....nals will not be provided to any person etc., in violation of the aforesaid circulars. • All the CTCL terminals are installed at the same address and that the approved person is operating the respective CTCL terminal as declared in our submission of details of CTCL terminals to the NSEIL in response to the NSEIL's Circulars No.282 (download reference No.NSE/MEM/3574) dated 29th August....
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....IL. I/We also undertake and assure that in future our branches and sub-brokers will not provide extension of any terminal contrary to the contents of our application to NSEIL. • M/s.....................their branches and brokers do execute all orders received from constituents and any other persons, in their respective names/ client codes and none of the orders received from constitue....
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