MUMBAI: NSE offers NOW Platform, a shared CTCL facility, to its members. Over a long and successful journey spanning 12 years, NOW empowered trading members to focus more on trading activities by minimizing their overheads on non-trading related activities like maintaining infrastructure (hardware, network, application), system audits, etc. NSE had communicated to the market participants on the discontinuation of the NOW platform with effect from September 14, 2020, vide a press release dated June 08, 2020.
However, on account of requests from members to extend the deadline, for NOW, discontinuation and considering the prevailing situation caused by the spread of COVID-19, NSE had revised the discontinuation date of NOW to December 28, 2020, vide a press release dated July 28, 2020. Additionally, NOW Helpdesk has been informing members using NOW about the NOW discontinuation date via regular calls and emails. Members are requested to adhere to the timelines since no further extension shall be done beyond the aforesaid date. Accordingly, members are urged to migrate to alternate trading platforms available in the market by end of day December 27, 2020.
The list of vendors offering CTCL solutions and Internet-based trading platforms are available on the respective Exchanges’ websites.
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