Computer to Computer Link (CTCL)
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.
About the CTCL facility
Trading Members can use their own software running on any suitable hardware/software platform of their choice. This software would be a replacement of the NEAT+ front-end software that is currently used by members to trade on the NSE trading system. Members can use software customised to meet their specialised needs like provision of on-line trade analysis, risk management tools, integration of back-office operations etc. The dealers of the member may trade using the software remotely through the member's own private network, subject to approvals from Department of Telecommunication etc. as may be required in this regard.
CTCL software
Members can procure the CTCL software either 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.
The Exchange has issued master circular no. NSE/MSD/61825 and NSE/MSD/62692 dated April 30, 2024 and June 28, 2024 respectively and updated from time to time regarding Non-Neat frontend (NNF) facility which includes operational guidelines and procedures to be complied with by members desirous of using the CTCL facility.
Vendors desirous of being empanelled with the Exchange for providing CTCL solutions to the trading members of the Exchange can refer to the master circular no. NSE/MSD/61825 and NSE/MSD/62692 dated April 30, 2024 and June 28, 2024 respectively and updated from time to time, detailing the requirements and procedures to be complied with by vendors for empanelment.
- Submission of NNF undertaking by the members as per master circular download no NSE/MSD/61825 and NSE/MSD/62692 dated April 30, 2024 and June 28, 2024 respectively.
Note:-NNF undertaking submission is applicable for members who avail CTCL facility for the first time. Subsequently member is required to place an undertaking submission request on ENIT portal for each vendor.
- Submission of NNF documents by the members as per master circular NSE/MSD/61825 and NSE/MSD/62692 dated April 30, 2024 and June 28, 2024 respectively and updated from time to time.
- Member to apply for NEAT to CTCL conversion of user ids / NON NEAT User Id through NSE-ENIT interface as per circular download no. NSE/MSD/61823 dated April 30, 2024 and updated from time to time.
- Upload of 12 digits information as per circular download no. NSE/MSD/61823 dated April 30, 2024 .
Members are required to follow the below mentioned steps to avail NNF facility through non-empanelled vendors or developing CTCL software in-house.
Note:- NNF undertaking submission is applicable for members who avail NNF facility for the first time. Subsequently member is required to place an undertaking submission request on ENIT portal for each vendor.
- Submission of NNF documents by the members as per master circular NSE/MSD/61825 and NSE/MSD/62692 dated April 30,2024 and June 28, 2024 respectively and updated from time to time.
- Submission of CTCL In-House documents by the members as per master circular NSE/MSD/61825 and NSE/MSD/62692 dated April 30,2024 and June 28, 2024 respectively and updated from time to time.
- NNF software registration
- Member to apply for NEAT to CTCL conversion of user ids / NON NEAT User Id through NSE-ENIT interface as per circular download no. NSE/MSD/57342 dated June 28, 2023 and updated from time to time.
- Upload of 12 digits information as per circular download no. NSE/MSD/57342 dated June 28, 2023.