The National Stock Exchange (NSE) on December 01, 2022, issued a circular to provide following changes in the Segregation and Monitoring of Collateral at the Client Level for the Futures and Options:
• Change in allocation request shall be processed irrespective of the flag populated in the action field.
• Change in allocation resulting in an increase in allocation value shall be processed only if a sufficient amount is available in the collateral pool.
• There shall be no change in the current file/API format.
• Members must continue to populate the flag with ‘U; or ‘D’ in the action field as highlighted in the Annexure.
The changes in validation will be applicable from December 05, 2022.