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NOTICES
Notice No.   20231006-18   Notice Date   06 Oct 2023
Category   Trading   Segment   Commodity Derivatives
Subject   ODIN Software for BSE Commodity Derivatives segment.
 
Content

 

The Exchange is pleased to inform the members that ODIN Software has commenced offering BSE Commodity Derivatives Segment.

Exchange shall offer ODIN Software for Commodity Derivatives Segment to members who are active in the Commodity Derivatives Segment of BSE effective October 7, 2023.

Members desirous of availing ODIN software for BSE Commodity Derivatives may apply for the same through BEFS Portal.

The Exchange wishes to draw attention of member to following specific conditions –

General Terms:

          The total number of ODIN licenses available under this program is limited.

          Members who are active in the BSE Commodity Derivatives Segment and have availed requisite software approvals would be eligible for ODIN - Dealer Terminal, Diet, Aero and Wave.

          On review of application, communication regarding acceptance or rejection would be sent to the member through BEFS Portal.

          The above services shall not include any other software or hardware costs. Any incremental and incidental cost incurred during the life of the license will be borne by the member.

          BSE reserves the right to withdraw the issued services from members in case of non-usage or mala fide intentions of the member.

          BSE reserves the right to modify/withdraw/cancel the above licenses at any given point of time without any requirement of prior notice.

          BSE does not guarantee or solicit any vendor or software performance. Any trading related or other risks arising out of usage of the said software shall be the sole responsibility of the member.

          In the event of technical issue or related failure of the software, BSE does not take any responsibility. Similarly, any financial loss or any disputes arising out of usage of the software shall be directly dealt between the software vendor and the member, member needs to execute necessary agreements with the vendor directly in this regard.

          Members are encouraged to discuss SLAs and other performance related terms directly with the vendor mentioned herein. BSE does not assume the service delivery assurance or other performance related responsibilities.

          The decision taken by the Exchange shall be final and binding for all members.

 

 

For and on behalf of BSE Ltd,

Ketan Jantre

Sameer Vaze

 

Chief.GM-Trading Operations

DGM-Trading Operations