NSE to allow digital submission of message

To facilitate trading members for easy submission of various requests, National Stock Exchange (NSE) today said it will introduce a new facility for acceptance of message and user distribution change requests through electronic platform from next week.
The new facility will become effective from September 27, NSE said in a circular.
In order to facilitate trading members for easy submission of various requests, the exchange has been taking various initiatives.
"...Is pleased to announce a facility for acceptance of message/user distribution change requests through our dedicated electronic member interface 'ENIT'," NSE said.
Under this new facility, message and user distribution change would be applicable.

Last month, NSE introduce a facility of digital submission of Securities Lending and Borrowing scheme enablement request.
Prior to that, it had decided to do away with physical submission of documents by stock brokers seeking approval for offering direct market access trading facility to their clients.