Notices
Notice No20201012-30Notice Date12 Oct 2020
CategoryTradingSegmentCurrency Derivatives
SubjectModification in the Order Flow Rate in BOLT Plus trading system in currency Derivatives segment.
Content

In partial modification to the Exchange circular no. 20160930-3 dated September 03,2016 and circular no. 20160503-22, dated May 03, 2016, trading members are hereby informed that Exchange has decided to revise the order flow rate in the Currency Derivatives segment (for Non-persistent - HF user Ids) of BOLT Plus trading system with effect from October 26 ,2020. The details are as follows –

 

Currently, for the non-persistent (HF) users, following 3 alternatives are offered to members:  

 

Alternative No.

 Description

No. of messages

Monitoring Time Interval

Throughput

(Messages per second)

 

       I

Non-persistent-Lite

(HF-Lite)

50

100 milliseconds

500

 

      II

Non-persistent- Quote

(HF-Quote)

50

50 milliseconds

1000

 

       III

Non-persistent-Full

(HF-Full)

10

10 milliseconds

1000

 

Hereafter, the no. of messages of alternative I and II as mentioned above will be increased to 500 and the monitoring interval will be increased to 1000 milliseconds. Thus, the Alternative I and II (HF-Lite and HF-Quote) will be no different now and both will have same order flow of 500 messages per second. All user falling in category I and II will have throughput 500 messages per 1000 milliseconds from October 26 ,2020 onwards.  

 

The revised Order flow category from October 26 ,2020 will be as follows-

 

Alternative No.

 Description

No. of messages

Monitoring Time Interval

Throughput

(Messages per second)

 

       I

Non-persistent-Lite

(HF-Lite and HF-Quote)

500

1000

milliseconds

500

 

       II

Non-persistent-Full

(HF-Full)

10

10 milliseconds

1000

 

Any member who would like to change the category for any of their HF user IDs, may send their request to the Trading Operations team at the email ID - user.trdops@bseindia.com

 

Further, there shall be no change in the order flow rate for the persistent (LF) users.

  

In case of any queries or clarifications, trading members may kindly get in touch with their respective Relationship Manager or contact the IML Info or IML Tech Support teams at the contact nos. given below:

 

Trading ops. Team

E-mail: user.trdops@bseindia.com

T: 022-2272 8215/ 8005

IML Tech Support Team

Email: iml.techsupport@bseindia.com

Tel: 022- 22728053/ 8770

 

 

For and on behalf of BSE Ltd., 

 

 

Ketan Jantre

Arvindkumar Iyengar

Sr.General Manager

Sr.General Manager

Trading Operations

I.T.