How to connect to NSE
Through your Member (CTCL)
NSE provides a fully automated screen based trading system, called the ‘National Exchange for Automated Trading’ (NEAT) system. NSE offers a facility to its trading members by which members can use their own trading front-end software in order to trade on the NSE trading system. This facility called Computer-to-Computer Link (CTCL) facility is available only to trading members of NSE.
Through DMA – Member
Direct Market Access (DMA) facility through Computer to Computer Link (CTCL) allows members to provide direct trading terminals to Institutional clients through available modes of connectivity, thereby providing Institutional clients faster access to markets. To facilitate faster access, trading members providing DMA facilities opt for Co-Location facilities provided by the exchange, to facilitate low latency and fast execution.
About NSE Co-Location
For institutional clients and other sophisticated traders, NSE provides support for algorithmic trading through our co-location facilities, consisting of rented rack space for servers inside the Exchange premises.
Currency Derivatives & NSE Bond Futures
- FPIs can participate as a client only.
- Trading through single or multiple TMs.
- KYC formalities to be done with the TM.
- Trading and Exchange risk management procedures are similar to Equity F&O segment.
- Colocation and DMA facilities available to FPIs.
- They can have a single clearing member.
- CM–CP Agreement executed with the CM to get CP Code.
- New FPIs will need to register as a client with their Trading Member(s) of choice and request for a CP code through their Custodian.
Corporate Bonds
- Simplified Registration process for FPI’s
- Submit Annexure 4 document and mention their custodian
- An email ID and password will be generated
- They can login and report deals
- Auto trade confirmation facility
- Facility to buyer reporting, if seller is FPI’s
- Option to brokers for seamless transfer of trades to CBRICS
Updated on: 15/07/2019
