The National Stock Exchange (NSE), on Wednesday, announced that it will hold a special trading session on March 2 (Saturday) with intra-day switchover from the primary site to the disaster recovery (DR) site.
There will be trading in both equity and equity derivatives segments, the NSE said.
The special trading session aims at strengthening the exchanges in case of an unforeseen incident, affecting the trading operations.
"Members are requested to note that Exchange shall be conducting a special live trading session with intra-day switch over from Primary site to Disaster Recovery site on Saturday, March 02, 2024, in Equity and Equity Derivatives segments," a circular from the NSE read.
The first trading session will be held from 9:15 am to 10 am and the second trading session will be held from 11:30 am to 12:30 pm.
The exchanges has come out with a set of instructions for members:
• Members are requested to note that Exchange shall shift its operation from primary site to DR site. It shall be a graceful shutdown at the primary site. Necessary actions should be taken at member's end as stated in circular NSE/MSD/48662 dated June 18, 2021 to bring their systems into a consistent state.
• Members are requested to note that this is being conducted based on specific discussions with SEBI and their Technical Advisory Committee with a view to assess the preparedness of MIIs to handle any unforeseen event impacting their operations and to restore operations from DR Site within the stipulated Recovery Time Objective in such event.
• For connecting to Primary/DR site, no changes in NEAT Adapter settings are required.
• The closing price for the day shall be arrived at as per the existing rules for a normal trading day.
• All the outstanding orders shall be purged before the start of trading from DR site. Members using NNF software should clear the outstanding orders of session 1 in their systems before trading from DR site
• Lease-line members are requested to connect to below mentioned IP address for Extranet.
- Extranet - 172.19.125.71
- C2N - 172.19.125.70
• Co-location facility and Multicast Tick by Tick (MTBT) feed shall be available. MTBT feed will be available on the same Production IP's.
• In Live trading session conducted from DR site, orders from colocation shall be routed from the Primary site to the DR site. Similarly, the dissemination shall be done from the DR site to the colocation racks in the Primary site.
• Latencies experienced by colocation participants will be different on Disaster Recovery/BCP day as compared to a normal trading day.
• Kindly refer to the website of NSE at www.nseindia.com for any information which may be updated by the Exchange regarding switchover of operations from primary site to its Disaster Recovery (DR) site during the trading session on Saturday, March 02, 2024. Members are also requested to refer the messages broadcasted by the Exchange on trading system for communication with respect to trading from DR site.
• For other important instructions regarding live trading, members may kindly refer Annexures.
• All trades executed shall result in settlement obligations. The risk management, clearing and settlement related details with respect to the trading activity of March 02, 2024 shall be communicated separately by the respective clearing corporations.