IND BSE Margin Trading Reporting

On Jun. 19, IND BSE issued updates on margin trading reporting.

  • IND BSE updated margin trading reporting format (MGB) with an additional column for source of borrowings; the revised file format (annexure 1) is provided for reference.
  • Follows Jun. 2017 IND SEBI issued review of margin trading loan facility, see #32684.
  • Reporting
  • User acceptance testing (UAT) environment for the trading members is now available on the BSE electronic filing system (BEFS) platform for testing the revised file format.
  • Trading members are encouraged to use test environment to familiarize themselves with new system; testing is solely for purpose of readiness before module goes live.
  • Effectiveness
  • Live module for submission of margin trading details will commence Aug. 5, 2024.

Regulators IND BSE
Entity Types B/D; Corp; Exch
Reference Nt 20240619-9, 6/19/2024
Functions Compliance; Operations; Technology; Trade Reporting
Countries India
Products Equity; Stock Lending
Regions AP
Rule Type Final
Rule Date 6/19/2024
Effective Date 8/5/2024
Rule Id 216403
Linked to Rule :32684
Reg. Last Update 6/19/2024
Report Section International

Last substantive update on 06/23/2024