Description

NSE circular providing an extension related to POP network changes for connectivity, including Sify escalation matrix details for managed and self-service leased line members.

Summary

NSE has issued an extension circular related to POP (Point of Presence) network changes for member connectivity. The circular includes the Sify handbook with escalation matrix details for members using leased line connectivity — both Managed Service and Self Service — to NSE infrastructure.

Key Points

  • The circular pertains to POP network changes and provides an extension to affected members.
  • Sify is NSE’s connectivity partner for leased line services to members.
  • Members on Managed Service can use the Sify escalation matrix for all connectivity issues and new application requests.
  • Members on Self Service can use the escalation matrix only for new line configuration and link health at POP level.
  • Members can also refer to the Aakash Portal for information provided by Sify.

Regulatory Changes

This circular does not introduce regulatory changes. It is an operational/infrastructure notice extending timelines for POP network changes.

Compliance Requirements

  • Members experiencing connectivity issues with Sify managed leased lines should follow the NOC escalation matrix.
  • Members with new application requests (before commissioning) should follow the Onsite Team escalation matrix.
  • Self-service leased line members should use the escalation matrix only for new line configuration and POP-level link health queries.

Important Dates

  • Circular date: 2026-03-27
  • Specific extension deadline not available from the extracted content; members should refer to the full circular document for exact dates.

Impact Assessment

This circular primarily impacts trading members and market participants who rely on NSE’s leased line connectivity infrastructure via Sify. The extension provides additional time for members to adapt to POP network changes, minimising disruption to trading operations. Members on managed services have a full multi-level escalation path available; self-service members have limited escalation scope. Overall market-wide trading impact is low, but operationally significant for affected connectivity-dependent members.

Impact Justification

Operational circular affecting members using NSE connectivity infrastructure via Sify; relevant to trading members and clearing members relying on leased line connectivity but does not directly impact trading rules or listed securities.