Issuance of Electronic Contract Notes (ECNs) in Equity Derivatives Segment

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g Houses / Corporations. Dear Sir, Sub: Issuance of Electronic Contract Notes (ECNs) in Equity Derivatives Segment 1. This is in continuation of SEBI Circular no. DNPD/Cir-9/04 dated February 3, 2004, on the issuance of electronic contract notes as a legal document like the physical contract note for the equity segment. 2. In consultation with the exchanges, it .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... physical contract note. c) Prescribe a standard format for the issuance of the electronic contract note. 5. The standard terms of contract as are required to be mentioned in the Contract Notes as per the Bye-laws and Regulations of exchanges, which are not contained in ECNs, shall be incorporated in the Client Broker Agreement or where applicable, the Tripartite Agreemen .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X