Description
NSE and NSE Clearing Limited will conduct a mock trading session in the Currency Derivatives Segment from the BCP/DR site on February 28, 2026, from 09:00 to 17:00 hrs. Members are required to use NEAT version 3.5.4 and appropriate NEAT Adapter versions.
Summary
NSE Clearing Limited (NCL) and the National Stock Exchange of India Limited (NSE) have issued circulars notifying all members of a mock trading session to be conducted from the BCP/DR site on Saturday, February 28, 2026. The session covers the Currency Derivatives Segment and uses NEAT version 3.5.4. No financial obligations arise from trades executed during this session.
Key Points
- Mock trading session will be conducted in the Currency Derivatives Segment from the DR site on February 28, 2026.
- Trading session runs from 09:00 to 17:00 hrs; Trade Modification ends at 17:30 hrs.
- Re-login window: 18:30 to 19:00 hrs.
- Required NEAT version: 3.5.4 (Download path on NSE Extranet:
/cdsftp/cdscommon/NEATCDS354). - Old NEAT Adapter (v1.0.20) must use GR PORT 10877; Old NEAT Adapter (v1.0.22) and New NEAT Adapter (v1.0.23) must use GR PORT 10879.
- All outstanding orders will be purged/cleared before each session; NNF software users must manually clear orders.
- Trades executed during the mock session will not result in any fund pay-in or pay-out.
- Only valid and compliant UCC/PAN uploaded and approved before the cutoff will be allowed; UCC validation is skipped during contingency time for order entry.
Regulatory Changes
No new regulatory changes are introduced. Members are directed to existing circulars:
- NSE/MSD/67674 dated April 24, 2025 and NSE/CD/70422 dated September 25, 2025 for interactive connectivity details.
- NSE/MSD/70421 dated September 25, 2025 and NSE/MSD/71601 dated December 02, 2025 for NEAT Adapter Exe application versions.
- NSE/MSD/46441 and SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 for software testing requirements.
- NSE/ISC/51754 dated March 24, 2022 and NSE/ISC/52722 dated June 23, 2022 for UCC/PAN compliance.
Compliance Requirements
- Members participating in the mock session must ensure they are using NEAT version 3.5.4.
- Members must use the correct NEAT Adapter version and corresponding GR PORT (10877 or 10879 as applicable).
- NNF software users must manually purge outstanding orders in their systems before the session.
- Members must ensure all UCC/PAN data is valid and uploaded before the applicable cutoff.
- Members may use either the Mock Trading environment or Simulated Environment to meet regulatory software testing requirements per SEBI/NSE guidelines.
Important Dates
| Event | Date/Time |
|---|---|
| Mock Trading Date | February 28, 2026 (Saturday) |
| Trading Session (DR Site) | 09:00 – 17:00 hrs |
| Trade Modification End Time | 17:30 hrs |
| Re-login Start Time | 18:30 hrs |
| Re-login Close Time | 19:00 hrs |
Impact Assessment
This is a routine business continuity / disaster recovery (BCP/DR) drill with no market-wide financial impact. Only members of the Currency Derivatives Segment who choose or are required to participate will be affected. There are no fund pay-in or pay-out obligations arising from mock trades. Members should verify their NEAT version and adapter compatibility ahead of Saturday to avoid connectivity issues during the drill. Contact: msm@nse.co.in | Toll Free: 1800-266-0050 (Option 1) | NSE Clearing support: support@nsccl.co.in | 18002660050 (IVR Option 2).
Impact Justification
Routine mock/DR trading drill with no financial obligations; affects only members of the Currency Derivatives Segment who need to participate in the BCP/DR test on a non-trading Saturday.