NSE to hold mock trading session across market segments on Saturday. Check details here

Synopsis

The National Stock Exchange (NSE) will hold a mock trading session this Saturday across various segments, including equities and derivatives. This exercise allows brokers to test their systems before a mandatory software migration on September 6. The session aims to identify potential glitches and strengthen market resilience. Participants must upgrade to NEAT+ version 7.8.

The National Stock Exchange will conduct a mock trading session across equities, derivatives, currency, and commodities this Saturday, it said in a circular on Friday. The exercise, part of its routine market preparedness efforts, will help brokers test systems ahead of a mandatory software migration.

The session on August 30 will begin with a pre-market at 9:00 AM, followed by trading between 9:15 AM and 10:10 AM. A re-login window will be available from 1:30 PM to 2:00 PM for participants to validate connectivity and system stability.

The exchange clarified that the drill will not involve any fund movements or software updates.

Trades executed during the mock session will not result in any fund pay-ins or payouts, the NSE clarified. It added that no fresh software updates will be released during Saturday’s drill, though participants may use the opportunity to run contingency exercises and test backup systems in a simulated environment.

Mandatory upgrade ahead

Market participants must migrate to the latest NEAT+ version 7.8.3 before September 6, when the older 7.8.2 version will be discontinued. The exchange has stressed the need for timely migration to avoid disruptions once the older version is phased out.

Why it matters

Mock trading sessions, typically held on Saturdays, allow brokers to validate infrastructure, check order management systems, and test new products. Prices displayed during the exercise reflect mock-trading values and not live market activity.

The NSE said such exercises are aimed at spotting potential glitches before they affect investors, thereby strengthening operational resilience and market confidence.

Also read | Indian economy will take $55-60 billion hit from Trump's 'draconian' tariffs, warns Chris Wood of Jefferies

(Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)

...moreless

...moreless