NSE through circular dated May 29, 2021 has provided Updation of new UCC with all mandatory fields in UCC system of Exchange. All trading members are strictly required to ensure that new client details with all mandatory fields are updated and approved in the Unique Client Code system of the Exchange at least one day prior to commencement of trading i.e. by 5 pm on the previous trading day. Trading members shall not trade for such clients until UCC is properly registered. Any trade executed in client codes for new clients without uploading such UCCs in Unique Client Code system of the Exchange will be liable for penal action including disablement of member trading terminals w.e.f. August 2, 2021.
