Description

BSE mandates trading members to update the 14th digit in locationid and algo identifier by March 31, 2026, with no further extensions to be granted.

Summary

BSE has issued a reminder notice regarding the mandatory update of locationid and algo identifier for trading members. This notice reinforces the previous communication from December 23, 2025, requiring all trading members to update the requisite 14th digit in their locationid by March 31, 2026. The exchange has explicitly stated that no further extensions will be granted beyond this deadline.

Key Points

  • Trading members must update the 14th digit in locationid on or before March 31, 2026
  • This is a follow-up to exchange Notice No. 20251223-22 dated December 23, 2025
  • No further extension will be granted beyond the March 31, 2026 deadline
  • BSE Helpdesk support available at 022-45720400/600, 022-69158500, or bsehelp@bseindia.com
  • Notice issued by VP - Trading Operations and DVP - Trading Operations

Regulatory Changes

No new regulatory changes are introduced in this notice. This is an enforcement reminder for the locationid and algo identifier revision requirements previously communicated in December 2025.

Compliance Requirements

  • Action Required: All trading members must update the requisite 14th digit in their locationid configuration
  • Scope: Applies to algo identifier settings used for trading operations
  • Support: Trading members facing challenges or requiring clarifications should contact BSE Helpdesk immediately
  • Contact Channels: Phone (022-45720400/600 & 022-69158500) or Email (bsehelp@bseindia.com)

Important Dates

  • Original Notice Date: December 23, 2025 (Notice No. 20251223-22)
  • Current Reminder Date: January 28, 2026
  • Final Compliance Deadline: March 31, 2026
  • Extension Policy: No further extensions will be granted

Impact Assessment

Operational Impact: High - This technical update affects the core trading infrastructure and connectivity parameters for all trading members. Failure to implement the required changes by the deadline may result in disruption to trading operations, inability to place orders, or potential disconnection from trading systems.

Affected Entities: All BSE trading members operating algorithmic or electronic trading systems must ensure compliance.

Urgency: With approximately two months remaining until the deadline and explicit notice that no extensions will be granted, trading members should prioritize testing and implementation of the locationid updates to avoid last-minute technical issues.

Impact Justification

Critical system update with firm deadline affecting all trading members' operational systems and connectivity. Non-compliance may disrupt trading operations after March 31, 2026.