{"id":65315,"date":"2023-04-19T16:25:08","date_gmt":"2023-04-19T10:55:08","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=65315"},"modified":"2023-08-09T09:59:55","modified_gmt":"2023-08-09T04:29:55","slug":"nse-circular-open-market-buyback-bo-series","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/whitepapers\/nse-circular-open-market-buyback-bo-series\/","title":{"rendered":"NSE Circular on Open Market Buyback (BO Series)"},"content":{"rendered":"<p>On 17th April 2023, the National Stock Exchange (NSE) issued a circular in regard to the Open <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Market<\/a> Buyback (BO series) with reference to circular no. 36\/2023 issued on 17th March 2023.<\/p>\n\n\n\n<p>The Circular notifies the following of its respective members &ndash;<\/p>\n\n\n\n<ul>\n<li>Applicable Symbol file shared by NCL shall contain 2 records, i.e. one for applicable series such as EQ\/BE\/BZ\/SM etc., and another for BO series.<\/li>\n\n\n\n<li>Trades executed in BO series shall be cleared and settled on a gross obligations <a class=\"glossaryLink\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Basis&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;In finance, the &amp;quot;basis&amp;quot; is a term with several applications, including representing the difference between the spot price and the future contract price of an asset, which is vital in investment(...)&lt;\/div&gt;\"  href=\"https:\/\/enterslice.com\/learning\/terms\/basis\/\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>basis<\/a>. Settlement shall be compulsorily done in dematerialised mode. All trades shall be settled under settlement type &lsquo;Z&rsquo;, and a settlement guarantee shall be provided.<\/li>\n\n\n\n<li>OTR window shall be available till on T day as per applicable timings.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On 17th April 2023, the National Stock Exchange (NSE) issued a circular in regard to the Open <a class=\"glossaryLink\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Market&lt;\/div&gt;&lt;div class=glossaryItemBody&gt;A market is a structured environment, either physical or virtual, where buyers and sellers convene to trade goods and services. This trading hub operates based on the principles of supply and(...)&lt;\/div&gt;\" href=\"https:\/\/enterslice.com\/learning\/terms\/market\/\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]'>Market<\/a> Buyback (BO series) with reference to circular no. 36\/2023 issued on 17th March 2023. The Circular notifies the following of its respective members &ndash;<\/p>\n","protected":false},"author":61,"featured_media":65320,"parent":15144,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NSE Issues a Circular in Regard to the Open Market Buyback (BO Series)<\/title>\n<meta name=\"description\" content=\"The NSE issued a circular in regard to the Open Market Buyback (BO series) with reference to circular no. 36\/2023 issued on 17th March 2023.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/whitepapers\/nse-circular-open-market-buyback-bo-series\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NSE Issues a Circular in Regard to the Open Market Buyback (BO Series)\" \/>\n<meta property=\"og:description\" content=\"The NSE issued a circular in regard to the Open Market Buyback (BO series) with reference to circular no. 36\/2023 issued on 17th March 2023.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/whitepapers\/nse-circular-open-market-buyback-bo-series\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-09T04:29:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2023\/04\/MicrosoftTeams-image-76-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"920\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/65315"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=65315"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/65315\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/15144"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/65320"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=65315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}