Department : SURVEILLANCE

Download Ref No: NSE/SURV/39958 Date : January 15, 2019

Circular Ref. No: 24/2019

To All NSE Members

Sub: Unique Identifier for Algorithms

This has reference to NSE Circular No. NSE/CMTR/21793 dated September 28, 2012
regarding “Consolidated Circular for trading through Decision Support Tools/Algorithms
which provides that “All Algorithmic orders emanating from the system to be tagged with the
unique identifier as specified by Exchange from time to time.”

Further NSE vide Circular No. NSE/CMTR/16519 dated Dec 14, 2010 regarding Identification
of order through NNF terminal and Circular No. NSE/MSD/37635 dated April 26, 2018
regarding Unique Identifier for Algorithms provides for identification and population of Algo
ids.

Members are hereby advised to adhere to the above mentioned circulars and ensure that all
Algorithmic orders are tagged with the unique identifier allocated by the Exchange. In case
of any deviation from the above circulars, appropriate action shall be initiated which includes
penalty of Rs. 10,000/- per day. This penal provisions shall be effective from February 15,
2019.

For any clarifications, members may contact:

Particular Contact Number Email id

Query related to Algo ID (MSM 1800 266 0053 msm@nse.co.in
Department)
Query related to penalty 022-26598166 / 129 surveillance@nse.co.in
(Surveillance Department)

For National Stock Exchange of India Limited

Avishkar Naik
Vice President
Surveillance

Telephone No Email id
+91-22-26598228/26598166 surveillance@nse.co.in