NSE became the first exchange to grant approval to its members for providing Internet based trading services. In line with SEBI directives, NSE has issued circulars detailing the requirements and procedures to be complied with by members desirous of providing Internet based trading and services. Members may please refer to circular no.NSE/MSD/41332 dated June 17, 2019.
Members can procure the Internet trading software from software vendors who are empanelled with NSE or they may develop the software through their own in-house development team or may procure the software from other non-empanelled vendors.
Members can also avail of services provided by Application Service Providers (which may inter-alia include providing / maintaining software / hardware / other infrastructure etc.) for providing Internet based trading services subject to the Application Service Provider (ASP) being empanelled with the Exchange for providing such services.
Vendors desirous of being empanelled with the Exchange for providing Internet trading solutions to the trading members of the Exchange can refer to circular no.NSE/CMO/0029/2000 dated December 19, 2000 (Download no.NSE/CMT/2174) and circular no.NSE/CMO/0039/2001 dated December 14, 2001 (Download No.NSE/CMTR/3054) detailing the requirements and procedures to be complied with by vendors for empanelment.
Application Service Providers (ASPs) desirous of being empanelled with the Exchange for providing Internet trading solutions to the trading members of the Exchange can refer to circular no. NSE/CMO/0028/2000 dated December 19, 2000 (Download No.NSE/CMT/2169) detailing the requirements and procedures to be complied with by vendors for empanelment.
Download List of vendors empanelled with NSE (zip)
Download List of ASP empanelled with NSE (zip)
The Exchange has issued circular no. NSE/CMO/0028/2000 dated December 18, 2000 (Download No.NSE/CMT/2169) detailing the formalities / requirements for members desirous of using ASPs for providing Internet based trading services as well as formalities / requirements for ASPs desirous of being empanelled with the Exchange for providing such services to trading members of NSE.