Description
NSE updates trading holiday for Currency Derivatives segment, moving from September 5 to September 8, 2025 due to Id-E-Milad holiday change.
Summary
NSE has revised the trading holiday for Currency Derivatives segment in September 2025. The holiday originally scheduled for September 5, 2025 has been moved to September 8, 2025 following Maharashtra government notification and RBI press release regarding Id-E-Milad holiday change.
Key Points
- Trading holiday moved from September 5 to September 8, 2025
- September 5, 2025 will now be a normal trading day with regular market timings
- Change applies specifically to Currency Derivatives segment
- Members must download updated contract files before trading on September 5
- Settlement schedule will be communicated separately by clearing corporations
Regulatory Changes
Partial modification to previous Exchange circular (NSE/CD/65903 dated December 31, 2024) regarding trading holidays for 2025.
Compliance Requirements
- Members must take updated cd_contract.gz and cd_spd_contract.gz files from NSE extranet
- Files must be downloaded from path: /cdsftp/cdscommon before trading on September 5, 2025
- Adherence to normal market timings on September 5, 2025
Important Dates
- September 5, 2025: Normal trading day (revised from holiday)
- September 8, 2025: New trading holiday date
- September 3, 2025: Maharashtra government notification date
- September 4, 2025: RBI press release date
Impact Assessment
Minimal market disruption as September 5 becomes a trading day instead of holiday. Members need to ensure system updates with new contract files. Settlement schedules will be adjusted accordingly by clearing corporations. Overall positive impact as it provides additional trading day in September 2025.
Impact Justification
Holiday changes affect trading schedules but operations continue normally on revised dates