NSE to launch 2-factor validation in negotiated trade platform
.jpg)
To enhance security measures for investors, National Stock exchange (NSE) will implement two-factor authentication for users of negotiated trade platform from June 6.
Last year, the exchange introduced a web-based negotiated trade platform for reporting all the deals in the debt segment.
A negotiated trade platform is a type of secondary market exchange in which the price of each security is bargained out between buyers and sellers.
"In order to enhance the security measures, the exchange shall be implementing Two Factor Authentication (2FA) for user log in on negotiated trade reporting platform of debt segment," NSE said in a circular.
Two-factor authentication is a security process in which the user provides two means of identification from separate categories of credentials.
The new facility will be implemented with effect from June 6, 2016. It will be optional till June 10 but will become mandatory with effect from June 13.
A negotiated trade platform allows traders to report both buying and selling of securities in single-order entry. Such trade entered by a trader can be confirmed by the counter-party member if all parameters are accurate.
BSE has implemented this facility for users of its web-based mutual fund platform from May 30.
Other Latest News
.webp)
For Samsung Group, this has been a year of milestones. First, a rare public apology from its flagship Samsung Electronics Co., followed by a bumper share buyback. And now, South Korea’s biggest conglomerate has named a woman that’s not member of its founding family as chief executive officer of a group company for the first time in its 86 years.
In a country where women business leaders have long struggled to make inroads into corporate boards and C-suites, the appointment of Kim Kyung-Ah as president and CEO of Samsung Bioepis Co. is a story likely to inspire the next generation of executives.
.webp)
As cyclone 'Fengal' approaches Tamil Nadu, several parts of the capital Chennai will face a five-our power cut on Wednesday and Thursday, i.e., November 27 and 28 due to the maintenance work.
The power cut in Chennai will take place between 9 a.m. to 2 p.m., said a report by dtnext.in, adding that it may be restored if the maintenance work is completed.
.webp)
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if US President-elect Donald Trump imposes 25 per cent import tariffs on crude imports from the two countries, traders and analysts said.
Two sources familiar with Trump's plan told Reuters that oil would not be exempted from potential tariff hikes on imports from Canada and Mexico even as the US oil industry has warned the policy could hurt consumers, industry and national security.
.webp)
Congress leaders from Wayanad handed over the election certificate of the parliamentary by-election to party general secretary Priyanka Gandhi Vadra in the presence of Rahul Gandhi here on Wednesday.
Sources said Priyanka Gandhi is likely to take oath in the Lok Sabha on Thursday.
Leaders from Wayanad handed over the election certificate of the Wayanad parliamentary by-election to Priyanka Gandhi and conveyed their best wishes.
.webp)
The Enforcement Directorate on Wednesday conducted searches at multiple locations in Delhi and adjoining areas as part of an alleged bank loan fraud linked money laundering probe against former promoters of liquidated dairy major Kwality Ltd, official sources said.
About a dozen places are being raided under the provisions of the Prevention of Money Laundering Act (PMLA), the sources said.
.webp)
.webp)
.webp)
.webp)
.webp)
