Description
NSE will conduct mock trading on Saturday, October 04, 2025 to test the new NEAT+ 7.8.4 version, which will be mandatory from November 01, 2025.
Summary
NSE will conduct a mock trading session on Saturday, October 04, 2025 in the Capital Market Segment to test the new NEAT+ version 7.8.4. The new version will be available for download from October 03, 2025 at 18:00 hours. Login using the older NEAT+ version 7.8.3 will be discontinued from November 01, 2025. The mock session will include testing of both primary site and disaster recovery (DR) site operations.
Key Points
- New NEAT+ version 7.8.4 release for Capital Market Segment
- Mock trading scheduled for Saturday, October 04, 2025
- Software available for download from October 03, 2025 at 18:00 hours on NSE Extranet path /common/NEATPlus784
- NEAT+ 7.8.3 login will be discontinued from November 01, 2025 (mock)
- Mock session includes two trading sessions: Session-1 from Primary Site and Session-2 from DR Site
- All outstanding orders will be cleared before each session
- No financial obligations from mock trading trades
- UCC validation will be skipped during contingency session
Regulatory Changes
No regulatory changes. This is a routine system upgrade and testing exercise.
Compliance Requirements
- Members must download and install NEAT+ version 7.8.4 from NSE Extranet
- Members must transition from NEAT+ 7.8.3 before November 01, 2025
- Members using NNF software must manually clear orders in their systems
- Only valid and compliant UCC/PAN uploaded and approved before cutoff will be allowed
- Members should refer to circular NSE/MSD/46441 and SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 for software testing requirements
- Members may use either Mock Trading or Simulated Environment to meet regulatory requirements
Important Dates
- October 03, 2025, 18:00 hours: NEAT+ 7.8.4 available for download
- October 04, 2025: Mock trading session
- Trading Session-1 (Primary Site): 10:45 - 14:00
- Trading Session-2 (DR Site): 14:45 - 16:30
- Live Re-login: 18:00 - 18:30
- November 01, 2025: NEAT+ 7.8.3 login discontinued (from mock)
Impact Assessment
Operational Impact: Medium - All trading members must upgrade their systems and participate in mock trading to ensure smooth transition. The mock session provides comprehensive testing of both primary and DR site operations.
Market Impact: Low - This is a scheduled mock trading session with no real financial obligations. Trading schedules include pre-open, normal market, T+0 market, block deal windows, auction sessions, and contingency operations.
Technical Impact: Medium - Members need to coordinate system upgrades, test connectivity, and ensure compatibility with the new NEAT+ version. The mock session tests various trading modes including special pre-open sessions, call auction for illiquid securities, and DR site switchover procedures.
Timeline: Members have approximately one month (until November 01, 2025) to complete the transition from NEAT+ 7.8.3 to 7.8.4.
Impact Justification
Mandatory system upgrade affecting all trading members; requires preparation and testing but is routine infrastructure maintenance with clear timeline