2FA related changes for Online Transaction execution
Posted
about 3 years ago
by Anuj Jain
A
Anuj JainAdmin
We have added a new report under Data Management >> Compliance report
As per the changes of 2FA in online transactions, NSE, BSE & MFU will send OTP for Redemption and Switch orders to the contact details as per the IIN/UCC profile. when OTP will be verified, NSE/BSE will send the order confirmation along with the Email, Mobile no. using which user verified the order. Now, if the RTA finds that the contact details given by the exchange is different from the contact details in the folio master, the order will be rejected by the RTA. So using this report, broker must urge his investor to update contact details in folio master.
We have added a new report under Data Management >> Compliance report
As per the changes of 2FA in online transactions, NSE, BSE & MFU will send OTP for Redemption and Switch orders to the contact details as per the IIN/UCC profile. when OTP will be verified, NSE/BSE will send the order confirmation along with the Email, Mobile no. using which user verified the order. Now, if the RTA finds that the contact details given by the exchange is different from the contact details in the folio master, the order will be rejected by the RTA. So using this report, broker must urge his investor to update contact details in folio master.
Regards
Team InvestWell
2 Votes
1 Comments
AMBICA FINANCIAL SERVICES posted about 3 years ago
What about MFU CAN data mismatch?
0 Votes
Login or Sign up to post a comment