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CDSL : Avail Electronic Contract Notes (ECN) Services

Name of the Organization : Central Depository Services India Ltd (cdslindia.com)
Type of Facility : How to avail ECN Services?
Location : Mumbai

Website : http://www.cdslindia.com/

Central Depository Services India Ltd:
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How to avail ECN Services?
Electronic Contract Notes :

ECN services offered by Bombay Stock Exchange Limited (BSE). ECN services facilitates Members of both BSE and National Stock Exchange of India Ltd. (NSE) to issue Electronic Contract Notes (ECN) cum transaction Bill to their Clients. Further Investors can view/ download the contract note electronically. They need not maintain physical contract notes/bills.

Features :
** IT Act 2000 enables issuance of electronic communication in lieu of physical documents. Digital Contract Notes are a replacement of Physical contract notes
** Contract notes sent electronically need to be signed with a valid digital signature. BSE in the capacity of ‘Registration Authority’ arranges to issue digital signature to capital market intermediaries.
** “Digital Contract Note” utility is a simple user friendly software for uploading and managing electronic contract notes with instant delivery to investors.
** Digital Contract Note facilitates archival and retrieval for contract notes to Members and Investors. It also has non repudiability clause in place since it is signed digitally. The audit trail files signed by the Exchange available for Members.
** Digital Contract Note is foundation for all STP enabled processes in line with SEBI’s vision for STP.
** At “Digital Contract Note”, utility members can upload contracts for all investors through a single flat file. The system is open for members of both Exchanges i.e. BSE and NSE.
** “Digital Contract Note” has customizable file upload facility with four decimal data for institutional investors. “Digital Contract Note” provides HTML view of the physical contract notes as per relevant regulations of both the Exchanges i.e. BSE and NSE.
** “Digital Contract Note” provides the facility to investors to view the signatures of authorised signatories of Members. This is to ensure that the Digital contract note is received from the appropriate Member.
** Digital Contract Notes can be printed and/or saved. It has extensive search and query features. Further it provides for dual format view – Summary and Trade wise view of Contract Note cum transaction Bill.

Access :
** Custodians /members can access the system through BSE’s Private Network and through the Internet.
** Investors can access the ECN services through bsewebx.com
** ECN services can also be accessed through ECN services link at www.cdslindia.com. It may please be noted that CDSL has provided a link at its home page and does not endorse or guarantee the services offered through bsewebx.com

Registration :
** Members of BSE can download the registration kit from Download facility provided by BSE. The registration kit is available for download in the folder BSEwebx. Alternatively, members of both the exchange i.e. BSE and NSE can download the same from BSE website  has also made provision to issue the physical registration forms at its counter.
** Investors will have to contact their respective broker members for registration to Digital Contact Note facility.

Login :
** If you are already registered to Digital Contract Note facility and would like to access your BSE webx login, please click here bsewebx.com

Contact us:
Central Depository Services (India) Limited
17th floor, P J Towers, Dalal Street,
Fort, Mumbai – 400001

Jency:
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