Description

NSE will conduct mock trading session for Futures & Options segment on January 03, 2026 with NEAT+ version 7.8.7, including primary site and DR site sessions.

Summary

NSE will conduct a mock trading session for the Futures & Options segment on Saturday, January 03, 2026. The session will test NEAT+ version 7.8.7 and include trading from both primary and DR (Disaster Recovery) sites. NEAT+ version 7.8.6 will be discontinued on January 03, 2026. Members must participate using all trading software and re-login to the live environment to ensure connectivity for trading on Monday, January 05, 2026.

Key Points

  • Mock trading scheduled for Saturday, January 03, 2026 for F&O segment
  • NEAT+ version 7.8.7 will be available; version 7.8.6 will be discontinued
  • Two trading sessions planned: Primary Site (11:00-14:00) and DR Site (14:45-15:40)
  • Live re-login window: 17:00-18:00 hours
  • Pre-open session includes random closure in last one minute
  • Contingency trading period: 12:45-14:00 hours during primary site session
  • No financial obligations - trades will not result in fund pay-in or pay-out
  • All outstanding orders will be cleared before each session
  • NOTIS application accessible 11:15 AM-12:30 PM and from 3 PM onwards
  • Connect2NSE and Extranet unavailable from 12:30 PM until end of mock session
  • Only valid and compliant UCC/PAN allowed (UCC validation skipped during contingency time)

Regulatory Changes

NEAT+ version upgrade from 7.8.6 to 7.8.7, with version 7.8.6 being discontinued on January 03, 2026. Download path for new version: /faoftp/faocommon/NEATPlus787 on NSE Extranet.

Compliance Requirements

  • Members must participate in mock trading session using all their trading software
  • Members must re-login into live environment during designated window (17:00-18:00)
  • 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 for order entry
  • Members should refer to circulars NSE/MSD/67674 (April 24, 2025) and NSE/MSD/70539 (September 30, 2025) for interactive connectivity details
  • Installation guide available on NSE Extranet at /faoftp/faocommon/Installation_Procedure

Important Dates

  • January 02, 2026: Circular issue date
  • January 03, 2026: Mock trading session date
    • Primary Site Session 1: 11:00-14:00 hours
    • DR Site Session 2: 14:45-15:40 hours
    • Live Re-login: 17:00-18:00 hours
    • NEAT+ version 7.8.6 discontinuation date
  • January 05, 2026: Next live trading day (Monday)

Impact Assessment

Operational Impact: Medium - Members must allocate resources for mock trading participation on Saturday. Failure to participate and test systems could result in connectivity issues during live trading on Monday, January 05, 2026.

Technical Impact: Members need to upgrade to NEAT+ version 7.8.7 before the mock session. System testing includes both primary and disaster recovery site operations, ensuring business continuity preparedness.

Market Impact: None - This is a testing session with no financial obligations. No actual fund movements or settlement obligations arise from mock trades.

Compliance Impact: Members must ensure UCC/PAN compliance is updated before the session. The mock session also serves regulatory requirements per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 for software testing through either mock trading or simulated environment.

Impact Justification

Mandatory mock trading session for F&O members to test new NEAT+ version 7.8.7 and ensure system readiness; no financial obligations but participation required for smooth Monday trading operations