Description
Trading symbols for three DSP ETF schemes will be changed in the Securities Lending and Borrowing Scheme effective December 15, 2025.
Summary
NSE Clearing Limited has notified participants about the change in trading symbols for three Exchange Traded Fund (ETF) schemes of DSP Asset Managers Private Limited in the Securities Lending and Borrowing Scheme. The symbol changes will take effect from December 15, 2025, following a reference circular dated December 09, 2025.
Key Points
- Three DSP ETF schemes will have shortened trading symbols
- BANKETFADD will be changed to BANKADD
- ITETFADD will be changed to ITADD
- NIFTY50ADD will be changed to NIFTYADD
- All contracts in these securities will trade under new symbols from the effective date
- Change applies to Securities Lending and Borrowing Scheme
Regulatory Changes
No regulatory changes. This is an administrative symbol change for operational convenience.
Compliance Requirements
- Participants and custodians must update their systems to reflect the new trading symbols
- All trading in these securities must use the new symbols from December 15, 2025
- Participants should ensure their records and systems are updated before the effective date
Important Dates
- December 09, 2025: Reference circular (NSE/CML/71704) issued
- December 12, 2025: NSE Clearing circular issued
- December 15, 2025: New trading symbols become effective
Impact Assessment
Minimal operational impact. This is a routine administrative change affecting only the trading symbols of three ETF schemes in the Securities Lending and Borrowing Scheme. Participants need to update their systems to reflect the shortened symbols. The change does not affect the underlying securities, contracts, or trading operations beyond the symbol nomenclature.
Impact Justification
Administrative symbol change for ETF schemes with no impact on trading operations or compliance requirements. Only affects symbol nomenclature in Securities Lending and Borrowing Scheme.