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Another Change to Contract Notes

SEBI has been very busy over the past year changing the formats of the contract notes that clients receive when they trade on the equity and commodity exchanges. Last year, they introduced a Common Contract Note format that many brokers adopted (SEBI circular here). At MProfit we changed hundreds of formats and can now import from over 1300+ data sources.
We thought our work was done but earlier this year SEBI introduced a new enhancement to include the ISIN (International Securities Identification Number) ID. The ISIN is a unique ID for each instrument traded on the exchanges. For example, Reliance Industries’ ISIN code is INE002A01018. Read the SEBI circular regarding the new ISIN addition. (Wikipedia – click to learn more about ISIN)
The good news is that you will no longer have to map your scripts in the contract notes into MProfit since we can pickup the ISIN code and then map it directly to the correct script. However, since this is a SEBI mandated changed we have been overwhelmed with the number of import template changes we have had to make to implement the ISIN code. Rest assured we will get all the templates updated but it will take some time…don’t be surprised if it takes 7-10 days to get the template updated.
We really would appreciate your patience in this matter.

16 July, 2015