NCCL issued a circular regarding the Contingency Mock on May 09, 2026

May 07, 2026 | by TeamLease RegTech Legal Research Team

Free Legal updates for the week 00


Secretarial ComplianceThe National Commodity Clearing Limited (NCCL) on May 07, 2026, issued a circular regarding the Contingency Mock on May 09, 2026.

The following has been stated:-

•National Commodity Clearing Limited has announced a contingency mock trading session on May 09, 2026, to test NCCL applications and member connectivity.

•The mock session will cover trading in agri commodities, cotton, kapas, steel, and sunoil, with trading timings scheduled between 9:45 AM and 2:15 PM.

•Testing will include systems such as Web NCFE, Web Extranet, RMS, and NCMS/NCSS, while production Web NCFE and Extranet services will remain unavailable from 2:00 AM to 9:00 PM on the same day.

•NCCL clarified that trades executed during the mock session will not create any financial or commodity settlement obligations for members.

•Members have been advised to actively participate, restore systems to production mode after testing, and verify live connectivity before trading resumes on May 11, 2026.

[Circular No. : NCCL/TECHNOLOGY-011/2026]


Bookmark

Related Updates



Alternate Text

Get updates on the go on RegUpdate Mobile App.

NEW  ·  AI ASSISTANT