This is further to SEBI Circular No. SEBI/HO/MIRSD/MIRSD2/CIR/2016/95 dated September 26, 2016, SEBI/HO/MIRSD/MIRSD2/CIR/P/2016/138 dated December 20, 2016, CIR/HO/MIRSD/MIRSD2/CIR/P/2017/64 dated June 22, 2017, CIR/HO/MIRSD/MIRSD2/CIR/PB/2017/107 dated September 25, 2017, SEBI/HO/MIRSD/MIRSD2/CIR/P/2017/123 dated November 29, 2017 and Exchange Notice Nos. 20160927-41, dated September 27, 2016, 20161221-20 dated December 21, 2016, 20170623-14 dated June 23, 2017, 20170925-34 dated September 25, 2017 and 20171129-19 dated November 29, 2017 respectively on the captioned subject.
All stock brokers are required to upload the data as on last trading day of the month within seven calendar days from the last trading day of the month. Further, the Stock Brokers shall not be required to upload data for the following clients:
- Custodian settled clients
- Clients with zero funds and securities zero balances and also not traded in the last 12 months
Further, in view of introduction of Interoperability among Clearing Corporations, wherein stock brokers are required to maintain consolidated client ledgers across all Exchanges, stock brokers shall enter ‘0’ in the field provided for ‘Fund balance (BSE) (Rs.)’ in consolidated file while uploading monthly clients’ funds and securities balance. Also, detailed FAQ in this regard has been issued vide circular ref.no. 20190703-41 dated July 3, 2019.
Stock brokers are requested to upload the data as on “June 30, 2020”, by July 07, 2020 under the following link:
For file:- 1 >> BEFS >> Enhanced Supervision >> Client Fund Securities Balance >> Without Commodity
File naming convention will be ClgNo_CFS_ddmmyyyy (Clg No. to be without zero and date should be date of submission for the csv and zip file).
Kindly Note Without Commodity Format is for stock brokers who do not trade in Commodities segment.
For file:- 2 >> BEFS >> Enhanced Supervision >> Client Fund Securities ISIN
File naming convention will be ClgNo_CFS_Details_ddmmyyyy (Clg No. to be without zero and date should be date of submission for the csv and zip file).
Stock brokers are requested to note that two files need to be uploaded separately in the above given paths. File - 1 is to be uploaded first and then File - 2. File - 2 can be uploaded only when File - 1 is uploaded.
In view of Commodity Derivatives segment addition by Exchange, the format for data pertaining to Clients’ funds and securities balance is being modified to incorporate details pertaining to commodity segment.
Additional details to be uploaded by the Stock brokers, procedure to be followed by trading members for uploading balances along with details of commodity segment data to be uploaded is provided as per File 3.
For file:- 3 >> BEFS >> Enhanced Supervision >> Client Fund Securities Balance >> With Commodity
File naming convention will be ClgNo_CFS_COMM_ddmmyyyy (Clg No. to be without zero and date should be date of submission for the csv and zip file).
File format is also attached as Annexure – 1 (For file -1), Annexure – 2 (For file – 2) and Annexure 3 (For file 3) (i.e. csv – Coma Separated + Zip). Stock brokers are requested to prepare the file in CSV comma separated format, then ZIP it and then upload.
Please find attached User manual Annexure – 4 (for file 1), Annexure – 5 (for file 2) & Annexure – 6 (for file 3) submitting the information for ready reference.
Further, based on queries of the stock brokers FAQs are attached for ready reference as Annexure - FAQ.
In case of any clarification required you may connect:
Name of officials
For and On behalf of BSE Ltd.
Asst. Gen. Manager