Description

NSE circular specifying the proposed file formats and data structures for the Electronic Gold Receipts (EGR) segment, covering security files, participant files, order/trade logs, and bhavcopy files.

Summary

NSE has issued a circular specifying the proposed file formats for the Electronic Gold Receipts (EGR) segment. The circular provides detailed structural specifications for 10 file types used by trading members and market participants to access security, participant, order, trade, and market data through NSE’s NEAT/NEATPlus platforms and the extranet server.

Key Points

  • Ten annexures define the structure of all key EGR segment data files
  • EGR Security File (security_eg.gz) and NNF Security File (nnf_security_eg.gz) are available at /egftp/common/ntneat on the extranet
  • Security file fields include Token, Symbol, Series, InstrumentType, IssuedCapital, PermittedToTrade, CreditRating, SecurityStatus (across Normal, Oddlot, RETDBT, and Auction markets), and Eligibility flags
  • InstrumentType supports: Equities (0), Preference Shares (1), Debentures (2), Warrants (3), Miscellaneous (4)
  • PermittedToTrade values: Listed (0), Permitted to Trade (1), BSE Listed (2)
  • SecurityStatus values across markets: Preopen (1), Open (2), Suspended (3), Preopen Extended (4), Stock Open With Market (5), Price Discovery (6)
  • Order and Trade files are available via NEAT/NEATPlus online backup
  • EGR Order Logs are available on the extranet server
  • Final EGR UDiFF Trade File and EGR Bhavcopy (DAT) formats are also specified

Regulatory Changes

This circular formalises the proposed file format standards for the EGR segment. It establishes the data field definitions and file naming conventions that participants must adhere to when interfacing with NSE’s EGR systems.

Compliance Requirements

  • Trading members and technology vendors integrating with the EGR segment must align their systems to the specified file structures
  • Participants accessing security, order, and trade data via the extranet or NEAT/NEATPlus must use the file formats defined in the ten annexures
  • Systems must correctly interpret all defined field codes (e.g., SecurityStatus, InstrumentType, PermittedToTrade flags)

Important Dates

No specific effective date is mentioned in the available content. Participants should refer to the full circular for implementation timelines.

Impact Assessment

This circular primarily affects trading members, clearing members, and technology teams developing or maintaining systems for the EGR (Electronic Gold Receipts) segment. The standardised file formats ensure consistent data exchange between NSE and market participants for gold-backed instruments. There is no direct price or trading impact; however, non-compliance with the specified formats could disrupt data feeds, order management systems, or back-office reconciliation for EGR trades.

Impact Justification

Technical operational circular defining file format standards for the EGR segment; critical for trading members and technology teams integrating with NSE EGR systems, but limited direct market-wide impact.