Description
NSE announces mock trading session in Futures & Options segment on November 01, 2025 with new NEAT+ version 7.8.5 release and discontinuation timeline for version 7.8.4.
Summary
NSE will conduct a mock trading session in the Futures & Options segment on Saturday, November 01, 2025, introducing new NEAT+ version 7.8.5. The session includes trading from both Primary Site (11:15-14:00 hrs) and DR Site (15:00-15:30 hrs), followed by live re-login window (18:30-19:00 hrs). NEAT+ version 7.8.5 will be available from October 31, 2025 at 18:00 hrs, while version 7.8.4 will be discontinued on December 06, 2025.
Key Points
- Mock trading scheduled for Saturday, November 01, 2025 in F&O segment
- New NEAT+ version 7.8.5 available from October 31, 2025, 18:00 hrs
- Primary Site mock trading: 11:15-14:00 hrs (including contingency period 12:45-14:00 hrs)
- DR Site mock trading: 15:00-15:30 hrs with trade modification until 15:40 hrs
- Live re-login window: 18:30-19:00 hrs on November 01, 2025
- NEAT+ 7.8.4 discontinuation date: December 06, 2025 (mock)
- No financial obligations - trades will not result in fund pay-in or pay-out
- Connect2NSE and Extranet unavailable from 13:00 hrs until end of mock session
- Extranet API unavailable from 13:00-13:45 hrs
- Only valid and compliant UCC/PAN will be allowed (validation skipped during contingency)
Regulatory Changes
Software version migration timeline established:
- NEAT+ version 7.8.4: Released October 03, 2025, discontinuation December 06, 2025
- NEAT+ version 7.8.5: Released October 31, 2025, recommended version with no discontinuation date
Members must comply with SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 regarding software testing requirements using either mock trading or simulated environment.
Compliance Requirements
- All F&O members required to participate in mock trading session
- Members must test all trading software during the mock session
- Mandatory re-login into live environment to ensure connectivity for November 03, 2025
- Members using NNF software must manually clear orders in their systems
- UCC/PAN compliance required - only valid and approved UCCs uploaded before cutoff will be allowed
- Members should download NEAT+ 7.8.5 from NSE Extranet path: /faoftp/faocommon/NEATPlus785
- Contact uci@nse.co.in for UCC/PAN queries
- Visit www.nseindia.com for session-related updates
Important Dates
- October 31, 2025, 18:00 hrs: NEAT+ version 7.8.5 available for download
- November 01, 2025: Mock trading session
- 11:15 hrs: Normal market open (Primary Site)
- 12:45 hrs: Contingency start time
- 14:00 hrs: Primary Site session close
- 15:00 hrs: DR Site session open
- 15:30 hrs: DR Site session close
- 15:40 hrs: Trade modification end time
- 18:30 hrs: Live re-login start
- 19:00 hrs: Live re-login close
- November 03, 2025: Normal trading resumes (Monday)
- December 06, 2025: NEAT+ version 7.8.4 discontinuation date (mock)
Impact Assessment
Operational Impact: Medium - All F&O trading members must participate in the mock session to test new NEAT+ version 7.8.5 and ensure system readiness. The session spans multiple hours with both primary and DR site testing, requiring dedicated resources.
Market Impact: Low - Mock session on Saturday (non-trading day) with no financial obligations. No actual settlement or fund movements will occur.
Technology Impact: Medium - Members must upgrade to NEAT+ 7.8.5 and test connectivity, order routing, and disaster recovery capabilities. Version 7.8.4 faces discontinuation in December 2025.
Business Continuity: High importance for ensuring smooth operations on November 03, 2025. The live re-login window (18:30-19:00 hrs) is critical for verifying production connectivity before Monday trading.
Support Available: Toll-free support (1800-266-0050, Option 1) and email support (msm@nse.co.in) available for queries.
Impact Justification
Mandatory mock trading session for F&O members to test new NEAT+ version 7.8.5 and ensure system readiness. Critical for operational continuity but limited to one trading day with no financial obligations.