The National Stock Exchange of India Limited (NSE), on April 30, 2026, issued a consolidated circular on the Non-NEAT Frontend (NNF) Facility, compiling all relevant circulars issued up to April 30, 2026, and replacing the earlier consolidated circular dated April 29, 2025.
The circular outlines the framework for members opting to use customized trading front-end software instead of the Exchange-provided NEAT system. Members may develop such systems in-house, use non-empanelled or empanelled vendors, or avail services from Application Service Providers (ASPs) approved by the Exchange.
It consolidates all applicable regulations and operational guidelines relating to NNF usage, while clarifying that any actions taken, rights accrued, liabilities incurred, or proceedings initiated under earlier guidelines will remain valid and unaffected. A list of all compiled circulars is provided in the appendix for reference.
[Circular Ref. No. 31/2026 | Download Ref No. NSE/INVG/73992]