Trading members of the Exchange are requested to note that the Scrip master file (SCRIP_<ddmmyy>.txt) for Equity segment shall undergo minor changes with respect to the file format.
Please note that there shall be no change in the file structure. The existing filler fields available in the file shall be used for this purpose.
The file format changes are with respect to certain enhancements related to trading in ‘F’ group and ‘G’ group securities. Details of the new fields are as provided below –
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Field No
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Field Name
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Length
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Description
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6
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Instrument Type
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Char[1]
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‘E’ for Equity securities
‘D’ for Debt securities being traded on dirty Price
‘C’ for Debt securities being traded on clean Price
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17
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New Tick Size
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Char[6]
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For securities with Instrument type as ‘D’ or ‘E’, tick size shall be same as that in existing tick size field (field no 11)
For securities with Instrument type as ‘C’, new tick size as applicable for securities to be traded on clean price.
Note :- Mandatory change for members who shall trade in Debt securities based on clean price
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§ The ‘New Tick Size’ field shall have the tick size of all securities which are present in the scrip master.
§ Its value shall be same as that present in the existing tick size field (field no 11) for all equity securities as well as debt securities that shall continue to trade based on dirty price.
§ Certain debt securities which shall trade based on clean price, the ‘New Tick Size’ field shall have tick size as a numeric value with 4 decimals. Any price movements in such securities shall be based on the tick size as provided in this field.
In view of the above, there shall be no change for those members who do not trade in debt securities.
The above-mentioned changes have been highlighted in the enclosed file format. Sample file is also enclosed herewith for ready reference as ANNEXURE I.
Trading Members and third party trading application vendors are requested to take note of the above and make necessary changes to their trading application, as applicable. The same shall be available for testing in the simulation environment from 27-June-2016 onwards.
It is proposed to make these changes applicable in the live trading environment tentatively by mid-July 2016. The exact go-live date for the same shall be communicated via separate circular.
In case of any queries or clarifications, trading members may kindly get in touch with their respective Relationship Manager or contact the IML Info team at the contact nos. given below –
IML Info Team
T: 022-2272 8818/ 8524/ 8426
For and on behalf of BSE Ltd.,
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Vivek Garg
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Tejash Somaiya
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General Manager
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Dy. General Manager
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Trading Development
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Trading Development
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June 06, 2016 |