Description

NSE will conduct a mock trading session in the Futures & Options segment on Saturday, March 07, 2026, with NEAT+ version 7.8.7. No new version release is involved.

Summary

NSE will conduct a mock trading session in the Futures & Options (F&O) segment on Saturday, March 07, 2026. This is a continuation of the earlier circular (Download No. 71999) dated December 24, 2025. No new software version is being released. Members are required to participate using NEAT+ version 7.8.7 and re-login to the live environment post-session to ensure smooth connectivity for Monday, March 09, 2026.

Key Points

  • Mock trading session scheduled for Saturday, March 07, 2026 in the Futures & Options segment
  • No new version release; NEAT+ version 7.8.7 is the applicable version
  • Download path on NSE Extranet: /faoftp/faocommon/NEATPlus787
  • Order Snapshot Recovery via TCP/IP for MTBT broadcast in FO Segment will be available for testing in this mock (effective in LIVE from March 09, 2026)
  • All outstanding orders will be cleared before each session
  • No financial obligations arise from mock trades (no fund pay-in or pay-out)
  • NOTIS application will be accessible during the mock session
  • Members should use all trading software and re-login to live environment post-mock

Regulatory Changes

  • Order Snapshot Recovery via TCP/IP for MTBT broadcast in FO Segment introduced (refer to NSE/MSD/73149 dated March 05, 2026). Available for testing in this mock; goes live from March 09, 2026.

Compliance Requirements

  • All members enabled for F&O trading in live market are automatically eligible and expected to participate
  • Members must use existing User IDs, IPs, and Box ID mappings from the live environment
  • Only valid and compliant UCC/PAN uploaded and approved before cutoff will be allowed (UCC validation skipped during contingency time)
  • Members using NNF software must manually clear orders in their systems
  • Members should refer to circulars NSE/MSD/46441 and SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 for software testing regulatory requirements

Important Dates

  • Mock Session Date: Saturday, March 07, 2026
  • Pre-Open Open Time: 10:00
  • Pre-Open Close Time: 10:08 (random closure in last one minute)
  • Normal Market Open Time: 10:15
  • Contingency Start Time: 12:00
  • Contingency Close Time: 13:00
  • Normal Market Close Time: 14:00
  • Trade Modification End Time: 14:10
  • Live Re-login Start Time: 16:30
  • Live Re-login Close Time: 17:00
  • Order Snapshot Recovery via TCP/IP goes LIVE: March 09, 2026

Impact Assessment

This is a routine mock trading session with low market impact. It serves as a connectivity and software testing exercise for F&O segment members ahead of the live introduction of Order Snapshot Recovery via TCP/IP for MTBT broadcast on March 09, 2026. Members who participate will be better prepared for the new feature going live. No financial settlements or obligations result from mock trades.

Impact Justification

Routine mock trading session for F&O segment members; no new version release and no financial obligations arise from mock trades. Primarily operational for member testing and connectivity verification.