ENIT

a. User Management

Circular No. 568 with download reference no. NSE/MEMB/8364 dated January 12, 2007)

As you may be aware, the Exchange has introduced a new facility called ‘ENIT’ – Electronic NSE Interface for Trading Members, which is fully electronic, internet enabled application. This interface is expected to provide a two way mechanism for exchange of information for various processes between the trading members and the Exchange. Currently there is one login id which is given to the User (which is Corporate manager id for Trading and clearing members in Capital Market and F&O, Corporate manager id + Code for Professional Clearing member and Privelege id + Code for Wholesale Debt Market segment)

With the invention of various utilities through ENIT, we have been receiving various representations from members to provide different login ids for different utilities since the information cannot to be shared between different users using different utilities.

Taking into view the same, to facilitate the members, we intend introducing a User Management tool in ENIT wherein the Current user (to be termed as the Admin User of the members) would be allowed to create and manage 10 Users under it. These Users can be created by the Admin User, the password can be reset by the Admin Users of the members and also the Users can be deleted by the Admin Users.

The path for the same would be ENIT>Members Login>Users. The User name created will by default be prefixed with the 5 digit trading member SEBI code. Members can input 7 characters after the 5 digit code as their User Id.

Eg:- SEBI Code 12345, 7 character User name desired – 1234567
In this case the user name would be “123451234567”.

Please note that the User name should be more than 1 digit (Alphanumeric) and can be upto 7 digits.

The management (creation, password reset and deletion) of the User ids created will be done by the Admin User of the Trading member who is currently using the ENIT login id.

b. Grants of rights and privileges to users in ENIT

(Circular no. 639 with download reference no. NSE/MEMB/10977 dated July 11, 2008)

In regard to creation of ten sub-users in ENIT for different utilities, members have been representing to the Exchange that due to the various enhancements in ENIT, they would prefer to provide limited rights and privileges to their sub-users accessing ENIT.

The Exchange after taking into consideration the member’s representation has now provided a utility in ENIT that would enable the main user of the member to provide limited rights and privileges to their sub-users accessing ENIT.

The path for the same is ENIT>Members Login>Users. Against each sub-user a link called permissions would be displayed. On clicking permissions, a screen “Assign Menu Permissions” wherein all the existing modules in ENIT would be displayed. The main user would have an option to grant access to specific or all modules by ticking on the modules. The screens are attached in Annexure I for your reference.

c. Updation of member contact details

Vide circular no. 618 with Ref. No. NSE/MEMB/10257 dated February 13, 2008 the Exchange informed that the Exchange displays certain details relating to Members on its website www.nseindia.com under the Icon “Members” in the “Member Directory” folder. It is noticed that the members are not informing changes to corporate information which results in display of incorrect information to general investors at large.

Further, Exchange is also proposing to enhance the contents of the Directory to include all locations of members where the trading terminals of the member is located along with the details of the person in charge at these locations and contact numbers. It would be very important to disseminate the correct information to investors. In view of this, members are requested to report on an ongoing basis, the changes in key information to Exchange immediately so that the particulars could also be updated by the Exchange on a continuous basis.

In order to ensure accuracy of the information, Exchange would be downloading various existing information which is proposed to be put up on the website for review by Members. In case any discrepancy is noticed, members may please provide the correct information so that the database could be updated with the correct information.

The format in which particulars would be displayed on website is attached herewith for immediate reference of the Members in Annexure 1.

d. Digital Signature Certificate for Members

(Circular No. NSE/MEM/2006/556, download reference no. NSE/MEMB/8109 dated November 15, 2006)

The Exchange is also in process of servicing the requests of trading members like Application for VSATs / Leased Lines, Application for Sub-brokers and Change in Shareholding / Directors, etc through ENIT. This would make interaction and tracking of the status more transparent and reliable. It is proposed to accept all aforesaid requests only through ENIT after successful implementation of the digital signature and to avoid receipt of applications in hard form.

In our continuous endeavor to ensure smooth flow of communication with our members and make your effort hassle free, the Exchange has decided that it would provide every member with Class 2 digital signature certificate, legally valid under the Indian IT Act 2000.

In this regard, the members are requested to note the following:-

  1. The member would be required to send a request for digital signature to be allotted to one designated Director (already approved by the Exchange/SEBI) involved in the day to day activities. Kindly note that signature once obtained for a specified designated director cannot be transferred in favor of any other person. In the event of resignation / cessation of service of such a designated director on whose behalf digital signature is obtained by the member through the Exchange, the member would have to apply for cancellation / revocation of the digital signature and apply afresh for another digital signature in the name of another designated director, in which case, the cost would be borne by the member.
     

  2. The Exchange would bear the cost of providing one digital signature per member with a validity period of two years.
     

  3. All the members are requested to go through Process guide as provided in Annexure 1 and submit the application form as per Annexure 2 on or before December 10, 2006.
     

  4. After submission of application form in hard copy along with the relevant documents, NSE.IT would issue Token Redemption Number and a CD Serial Key which will be forwarded to the email address mentioned in the application form of the member. Subsequently, the member has to send a request through online enrolment. In this regard, please refer to Annexure 3.
     

  5. The digital certificate issued will have a validity period of two years from the date of issuance and needs to be renewed by the member before the expiry of the term.
     

  6. The cost of renewing the digital certificate (obtained through the said scheme) will be Rs.1000/- + taxes as applicable, which shall be required to be borne by the member.
     

  7. Members are advised to directly communicate with NSE.IT for cancellation / revocation / renewal of the digital certificate. Members need to take utmost care and caution to ensure that the digital signature obtained by them on behalf of their designated director are not misused, stolen etc since the liability and responsibility for the usage shall solely vest with the member entity.

    For any query related to submission of documents by a member, processing of application, downloading certificate etc. members may contact Ms. Sneha Mody on 022-28277741.

    Further vide circular no. 628 with download ref no. NSE/MEM/10693 dated May 13, 2008 Members are intimated to have atleast one digital signature to sign the application through ENIT digitally for various processes/functions.

e. Upload of Direct Market Access (DMA) User Ids data to the Exchange

(Circular No. NSE/MEM/2008/640, download ref no. NSE/MEMB/11019 dated July 21, 2008)

As per the Circular ref no. NSE/CMTR/10679 dated May 09, 2008 and NSE/FAOP/10680 dated May 09, 2008, members are required to provide details of all user-ids activated / deactivated by the member for DMA facility to the Exchange.

Trading Members are requested to report the details of DMA IDs to the Exchange through ENIT (available at https://www.enit.co.in) in the following manner:

  1. Upload the details of NEAT Id when the same is enabled for DMA facility. Instructions given in Annexure – 1.



  2. Upload the DMA User Id with complete details of client, when DMA User Id is activated / deactivated. Instructions given in Annexure–2.


For queries, if any, you may contact Ms. Amla Kamat Ghanekar & Mr. Yogesh Deshmukh  at 022 – 26598249.

f. Status Report

Vide circular no. 636 with download Reference No. NSE/MEMB/10910 dated June 30, 2008 trading members were informed that to facilitate the members for submitting online requests for Status Report, the Exchange has provided a facility to accept these requests through ENIT (Electronic NSE Interface for Trading Members) w.e.f. July 01, 2008. Please note that no physical request for Status Report shall be accepted after June 30, 2008.

In this regard, members are requested to note the following procedure:

  • The member needs to login through https://www.enit.co.in with his corporate manager user id of the Capital Market segment, The detailed manual for submitting the request has been enumerated in Annexure 1.



  • On submission of the request through ENIT, a unique request reference no. will be generated which has to be used for future correspondence (will also be displayed in Login>Exchange>Status Report>Status Report Details).



  • The member would have to make available in its Exchange Dues account an amount of Rs 1000 /- for every Status report request. The member would be intimated about the same vide letter sent through File Transfer Protocol (FTP). (As per Circular no. ref. no. 634 download ref. no.10846 dated June 17, 2008).



  • The member’s Exchange Dues Account would be debited on the day the unique request reference no. is generated in ENIT.



  • Members will not be able to submit multiple requests on the same day in ENIT for the same “Purpose” and same “As on Date”. Further, members will not be able to submit requests in ENIT for a future date.



For any further queries, you may contact Ms. Molly D’Mello on 26598130 (direct) or through Board line 022-26598100-14 (Extn. 3006).