Description
NSE announces mock trading session for Futures & Options segment with new NEAT+ 7.8.3 version release and important migration timeline.
Summary
NSE will conduct a mock trading session in the Futures & Options segment on Saturday, August 02, 2025, coinciding with the release of NEAT+ version 7.8.3. This session is designed to test new broadcast parameters and system functionality before live implementation.
Key Points
- Mock trading scheduled for August 02, 2025 with specific time slots from primary and DR sites
- NEAT+ 7.8.3 version available for download from August 01, 2025, 18:00 hrs
- Version 7.8.1 will be discontinued from August 02, 2025
- New versions (7.8.2 & 7.8.3) compatible with new broadcast parameters
- Pre-trade risk controls for Algo Market Orders will be tested and go live from August 04, 2025
- No financial obligations from mock trading transactions
System Changes
NEAT+ Version Migration Timeline:
- Version 7.8.1: Discontinuation date August 02, 2025
- Version 7.8.2: Released July 11, 2025, discontinuation September 06, 2025
- Version 7.8.3: Available from August 01, 2025 (recommended)
New Features:
- Enhanced broadcast parameters in Futures & Options segment
- Algo Market Order pre-emptive cancellation controls
- NNF ID-Algo ID validations
Compliance Requirements
- Members must migrate to NEAT+ 7.8.2 or 7.8.3 before the session
- Only valid and compliant UCC/PAN will be allowed for trading
- Members should participate using all trading software for comprehensive testing
- Outstanding orders will be cleared before each session
- Members using NNF software must manually clear orders in their systems
Important Dates
- August 01, 2025, 18:00 hrs: NEAT+ 7.8.3 available for download
- August 02, 2025: Mock trading session and version 7.8.1 discontinuation
- August 04, 2025: Pre-trade risk controls go live
- September 06, 2025: Version 7.8.2 discontinuation (mock)
Trading Schedule
Primary Site Mock Trading:
- Normal Market Open: 11:15
- Contingency Start: 12:45
- Contingency Close: 14:00
- Normal Market Close: 14:00
DR Site Mock Trading:
- Normal Market Open: 15:00
- Normal Market Close: 15:30
- Trade Modification End: 15:40
- Live Re-login: 17:30 - 18:00
Impact Assessment
This system upgrade affects all F&O segment members and requires mandatory version migration. The mock session ensures smooth transition to new broadcast parameters and risk control features. Members must prepare systems and complete testing to avoid trading disruptions post-implementation.
Impact Justification
System upgrade affecting all F&O members with mandatory version migration