The National Stock Exchange of India (NSE) has issued a notification on the Application Programming Interface (API) for daily submissions of Holding Statement and Bank Balances. This notification was issued on 28th December, 2022.
Holding statements and Bank balances will now have to be submitted on a daily basis. Prior to the present notification, these had to be submitted on a weekly basis. Hence, now members will be required to make the submission of Holding Statements and Bank Balances for each day of the week (except Sunday). These submissions shall begin daily from 16th January, 2023, whose due date shall be January 17, 2023.
Pertinently, the API is made available for daily submission of the Holding Statement and accordingly. The current functionality of weekly submissions of the Holding Statement through the member portal shall be available only to make the submission till the week ending on 14th January, 2023.
Mock testing facility for trading members to test the system for uploading the Holding Statement and Bank Balances submissions through the API will be made available from 30th December, 2022. This facility will be available till January 13, 2023.