Description

NSE announces a mock bidding session on the eOFS platform in Live environment on May 16, 2026, with detailed timings and security parameters for member participation.

Summary

NSE is conducting a mock bidding session on the eOFS (Electronic Offer For Sale) platform in the Live environment on May 16, 2026. The session is intended for members to familiarize themselves with the platform and includes a contingency/DR site switchover drill. Bids placed during the mock session will carry no financial or securities obligations.

Key Points

  • Mock bidding session scheduled for May 16, 2026 on eOFS Live platform
  • Members must participate actively; bids will not create any fund or securities obligations
  • NSE will conduct internal order/bidding activity under symbol “TESTOFS1” (Employee Category) as a sanity check
  • Members are requested to place bids in Employee Category under symbol “TESTOFS2”
  • Three test securities (TESTOFS1, TESTOFS2, TESTOFS3) are available with defined parameters (see Annexure 1)
  • Any new/revised announcements will be posted on www.nseindia.com
  • Contact: Toll Free 1800 26600 50 (Option 1) or msm@nse.co.in

Regulatory Changes

No regulatory changes. This circular is an operational notice for a scheduled mock session on the eOFS platform.

Compliance Requirements

  • NSE members on the eOFS platform are requested to actively participate in the mock bidding session on May 16, 2026
  • Members should place bids in the Employee Category under symbol “TESTOFS2” during the mock session
  • Members should monitor www.nseindia.com for any updated announcements related to the mock session

Important Dates

  • May 16, 2026: Mock bidding session date
    • Market Start Time: 10:00 AM
    • Contingency Start Time: 10:30 AM
    • Contingency End Time: 11:30 AM
    • Switchover Duration to DR Site: 12:30 PM – 1:15 PM
    • Market End Time: 2:00 PM

Impact Assessment

This circular has minimal market impact as it pertains solely to a mock/drill exercise. No actual trades, funds, or securities are at risk. The session is operationally significant for NSE members who use the eOFS platform, as it tests platform readiness and DR site switchover capabilities. Participation helps members ensure their systems are compatible with the Live eOFS environment ahead of actual OFS events.

Impact Justification

This is a mock/drill session with no financial obligations; bids placed will not result in any fund or securities settlement. It is operationally relevant only to NSE members using the eOFS platform.