Trading Members are currently managing their Back-office (BO) functions either by an In-house developed software or by availing services of a BO software vendors. In order to achieve uniformity in the formats in which the books and accounts are maintained by the members and to harmonize the formats under which various data is submitted to Exchange, it has been decided to empanel Back-office vendors.
Trading Members and Back Office vendors can refer to circular MCX/TECH/279/2024 dated April 30, 2024 to follow empanelment procedure.
Trading Members, who are currently using the BO facility services are exempted from getting the permission from Exchange if the current Back-office Vendor gets himself empanelled with Exchange on or before December 31, 2022.