Comments
The National Stock Exchange has extended the deadline for shutting down its NOW platform, a shared CTCL (computer to computer link) facility, to to December 28, 2020. Now, which is mainly used by retail category brokers, helps them by minimising their overheads on non-trading related activities like maintaining infrastructure (hardware, network, application), system audits, etc.
NSE had told the brokers that it would discontinue NOW platformfrom September 14, 2020. However, on account of requests from brokers to extend the deadline for it, NSE said it has decided to revise the discontinuation date of NOW to December 28, 2020. .
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.