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NSE to simulate disaster recovery with live session on Saturday, May 18th

Published on May 07, 2024 18:01

The National Stock Exchange of India (NSE) will conduct a live trading session on Saturday, 18 May 2024, to test its disaster recovery capabilities. This drill is a crucial part of the exchange`s Business Continuity Plan (BCP) and ensures its preparedness to handle unexpected disruptions.

The session will be divided into two parts. Regular trading will occur on the primary site from 9:15 AM to 10:00 AM. Following this, a one-hour simulated disaster scenario will take place from 11:45 AM to 12:40 PM, with trading switching to the backup disaster recovery site.

This exercise is for the equity and equity derivative segments only. To ensure a controlled environment, all securities and futures contracts will have a maximum price band of 5% for the day. Additionally, flexing of securities or futures contracts will not be permitted.

The NSE emphasised that this is a simulated event and will not affect regular trading hours. Regular trading rules with standard price bands and flexing will resume as usual on the following trading day.

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