Description

NSE announces mock trading session for the new Electronic Gold Receipts (EG) segment on January 17, 2026, to familiarize members with the trading system before launch.

Summary

NSE is conducting a mock trading session for its new Electronic Gold Receipts (EG) segment on January 17, 2026. This segment will facilitate trading of electronic gold receipts as part of NSE’s efforts to provide diversified investment opportunities. The mock session will allow members to familiarize themselves with the trading system before the segment goes live.

Key Points

  • Mock trading date: January 17, 2026
  • Trading session timings: Pre-open 09:45-09:53, Normal market 10:00-13:00, Block deal window 11:50-12:05
  • Members must use capital market segment credentials (user ID, password, box IDs, IPs) for login
  • Market types: Normal (N) and Odd lot (O)
  • Book types: Regular Lot (RL), Stop Loss (SL), Odd Lot (OL)
  • Order types allowed: Day, Immediate or Cancel (IOC), Market & Limit, and Disclosed quantity
  • Minimum block deal order size: Rs. 10 Crores
  • Block trading price band: ±1% of reference price
  • Self-trade prevention checks will be applicable
  • Co-location facility not available for EG segment
  • PRO/CLI orders including Custodial Participant code are eligible

Regulatory Changes

NSE is establishing a new Electronic Gold Receipts (EG) segment to facilitate trading of electronic gold receipts. This represents a new asset class and trading infrastructure on the exchange.

Compliance Requirements

  • Members must use capital market segment credentials for accessing the EG segment
  • Password credentials and user/order limits set in capital market segment as of January 14, 2026 EOD will be replicated in EG segment
  • Default password upon reset during mock session: “Neat@CM1”
  • Members required to use dummy client codes during mock order entry
  • Members should refer to six annexures provided for detailed trading parameters, login instructions, and installation procedures

Important Dates

  • January 16, 2026: Circular issued
  • January 17, 2026: Mock trading session
    • Pre-open: 09:45 - 09:53 (random closure in last minute)
    • Normal market: 10:00 - 13:00
    • Block deal window: 11:50 - 12:05
    • Trade modification end: 13:10

Impact Assessment

Market Infrastructure: This introduces a new segment for gold trading through electronic receipts, expanding NSE’s product offerings beyond traditional equities and derivatives.

Member Preparedness: The mock session is critical for members to test their systems and understand trading mechanics before live operations commence.

Technical Requirements: Members need to install NEATPlus EG Version 1.0.0 and configure systems using provided gateway parameters (IP: 172.19.14.85, Port: 11887).

Trading Impact: Block deal facility with Rs. 10 Crore minimum size indicates institutional focus. Price bands of ±1% for block trades provide controlled price discovery.

Support: Toll-free helpline available at 1800-266-0050 (Option 1) and email support at msm@nse.co.in for queries.

Impact Justification

Mock trading session for new segment infrastructure - important for market participants to test systems but no immediate operational impact on live trading