Description

NSE will conduct mock trading session in Securities Lending and Borrowing Market (SLBM) on January 03, 2026 with no new version release.

Summary

NSE will conduct a mock trading session in the Securities Lending and Borrowing Market (SLBM) on Saturday, January 03, 2026. This is a routine testing session with no new version release. The session includes primary site trading, disaster recovery site trading, and live re-login activities to ensure smooth connectivity for Monday, January 5, 2026.

Key Points

  • Mock trading session scheduled for January 03, 2026
  • No new NEAT version release (current version: NEAT 1.3.3)
  • Trading Session-1 from Primary Site: 11:15 AM to 2:00 PM
  • Trading Session-2 from DR Site: 3:00 PM to 3:30 PM
  • Live Re-login: 5:00 PM to 6:00 PM
  • Contingency switchover timing: 12:00 PM to 1:30 PM
  • All outstanding orders will be cleared before each session
  • No financial obligations from mock trades
  • NOTIS application accessible 11:15 AM to 12:30 PM and 3:00 PM till market close
  • Connect2NSE and Extranet unavailable from 12:30 PM till end of session
  • Extranet API unavailable from 12:30 PM to 2:00 PM

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Valid and compliant UCC/PAN must be uploaded and approved before cutoff
  • Only approved UCC/PAN will be allowed for trading
  • UCC validation will be skipped during contingency time for order entry
  • Members using NNF software must manually clear orders in their systems
  • Members should participate using all trading software and re-login into live environment
  • For NNF Application Users: User ID must be dealer type, converted for NNF, and mapped with IP
  • Branch/User limits must be set appropriately

Important Dates

  • Mock Trading Date: January 03, 2026
  • Primary Site Trading Session: 11:15 AM - 2:00 PM
    • Normal Market Open: 11:15 AM
    • Contingency Start: 12:00 PM
    • Contingency End: 1:30 PM
    • Normal Market Close: 2:00 PM
  • DR Site Trading Session: 3:00 PM - 3:30 PM
  • Live Re-login Window: 5:00 PM - 6:00 PM
  • Next Trading Day: Monday, January 5, 2026

Impact Assessment

Market Impact: None. This is a mock trading session with no financial obligations. All trades executed during the session will not result in any fund pay-in or pay-out.

Operational Impact: Low. Members need to ensure connectivity and participate in the mock session to verify their systems are ready for regular trading on January 5, 2026. This is a routine operational test including disaster recovery site testing.

Member Action Required: Members should participate in all sessions using their trading software and complete the live re-login process to ensure smooth connectivity for Monday trading. Technical support available via toll-free number 1800-266-0050 (Option 1) or email msm@nse.co.in.

Impact Justification

Routine mock trading session with no new version release; standard operational activity with no financial obligations or market impact