FUTURES & OPTIONS OPERATIONS

CIRCULAR

Circular No.: NSE/F&O/122/2008

Download No. NSE/FAOP/11607

Date: November 06, 2008

Dear Members,

Sub: Mock trading on Saturday, November 08, 2008

New Version of NEAT F&O (9.0.1) and Neat Plus version 3.1.9

The Exchange will be conducting mock trading session in the Futures & Options Segment on Saturday, November 08, 2008 as per the following schedule:

Saturday, November 08, 2008
Normal Market / Exercise Market Open time	10:00 AM
Normal Market close time	12:00 PM
Position Limit/Collateral value Set up cut off time	12:00 PM
Trade modification end time/ Exercise Market Close time	till 12:15 PM
Live Re-login start time	2:00 PM
Broadcast of mock successful/unsuccessful message	2:15 PM
Live Re-login close time	2:30 PM

The successful / unsuccessful outcome of the mock trading session shall be intimated to members through a message broadcast as per above schedule. Members are advised to also refer to the website of NSE at www.nseindia.com for any information which may be updated by the Exchange on the mock sessions.

Members are cautioned to note that upon successful mock trading, NEAT F&O Version 9.0.1 and Neat Plus version 3.1.9 will be implemented in live environment with effect from Monday, November 10, 2008 and thus without the installation of these new versions they will not be able to trade on Monday, November 10, 2008.

Interactive reports from the trader workstation (TWS) for trades done on Friday November 07, 2008 will be available only till 9:30 PM on Friday, November 07, 2008. Members are advised to take the download of reports within the prescribed time.

Members using NEAT, NEATPlus and CTCL facility (using their CTCL software) are advised to participate actively in the mock trading sessions and are required to re-login into live environment during the above mentioned timings to check the connectivity and also to avoid login problems on Monday, November 10, 2008.

Members using CTCL facility are advised to retain their existing setup as a contingency measure before installing the new setup.

Trades resulting from the mock trading sessions shall not attract any obligation in terms of funds and / or securities pay-in and pay-out. Members are also requested not to transfer any data files for the mock trading sessions.

The following operational instructions are annexed herewith:

Annexure - 1: Installation procedure for NEAT F&O (Version 9.0.1)

Annexure - 2: Installation procedure for NEAT Plus (Version 3.1.9)

Annexure - 3: Precaution and procedure for reverting to earlier version

For any clarifications, members are advised to contact the following officials:

Mr. Sachin Dhar and Mr.Janradhan Gujaran on 26598151 and 26598152 .

For and on behalf of

National Stock Exchange of India Ltd.

Suprabhat Lala

Assistant Vice President

ANNEXURE – 1

Installation procedure for NEAT F&O (Version 9.0.1)

Precautions:

• Members are advised to install the new version only after end of live trading hours and after all end of day activities have been completed on Friday, November 07, 2008.
• Members are advised to take back up of all report files before upgrading the software.
• Members who wish to retain their existing market watch screen and client master are advised to take backup of the files 'mw****.dat and ‘cl****.dat’ respectively (**** = userid). These files can be found at '\NSEOP\BACKUP' directory on the logon drive.

Installation:

· Installation files shall be available after 5 PM on Friday, November 07, 2008.

· Installation files can be taken from path /faoftp/faocommon/Ver901 on NSE EXTRANET or internet ftp://203.199.75.110

· Download the files spreltdr.9.0.1 and opneattdr.bat into (C :\) in your local hard disk

· Go to MSDOS prompt

· Execute command : cd C:\

• Type: opneattdr.bat and press "enter"
• Set up the NSEOP icon on the Desk top and click on the icon.

Updating the new version with latest data:

· Download following files from NSE EXTRANET path /faoftp/faocommon/ onto (C :\) in your local hard disk:

1) contract.gz

2) fo_participant.gz

3) security.gz

• Unzip the above files
• Place the old ‘mw****.dat’ and ‘cl****.dat’ files in ‘C:\NSEOP\BACKUP’ directory.
• From the log on screen click on the “UPLOAD” button to update the contract, security and participant details.

ANNEXURE – 2

Installation procedure for new version of NEATPlus (Version 3.1.9)

Precautions:

• Members are advised to install the new version only after end of live trading hours and after all end of day activities have been completed on Friday, November 07, 2008.
• Members are advised to take back up of all report files before upgrading the software.

Installation:

· Installation files shall be available after 5 PM on Friday, November 07, 2008.

• Installation files can be downloaded from NSE EXTRANET path faoftp/faocommon/NEATPlus319
• Download the setup file ‘NEATPlusTWSSetup.exe’ to your hard disc in the root directory (i.e. C:\ or D:\ or E:\).
• Go to the drive where NEATPlusTWSSetup.exe is copied.
• Double click on the NEATPlusTWSSetup.exe.
• The files will be extracted with the window pop up ‘NEATPlus TWS Installer extracting files’.
• It will be followed by ‘NEATPlus Installer’ pop up window. Installation drive (where application will be installed) will be C: by default.
• The user can change the default installation drive to any other local drives (e.g. D: or E:)
• Click on ‘Install’ button on this pop up window and follow the installation instructions.
• Message of successful installation will be displayed once the complete application is installed.
• The user can run NEATPlus TWS application by double clicking on either of the following:

1. NEATPlus TWS shortcut icon created on the desktop.
2. NEATPlus TWS entry in the ‘Programs’ sub-menu of the ‘Start’ menu.
3. NEATPLUS.exe located in the NeatPlusDB-TWS directory in the installation drive.

Updating the new version with latest data:

· Download following files from NSE EXTRANET path /faoftp/faocommon/ onto the logon drive:

1) contract.gz

2) fo_participant.gz

3) security.gz

4) participant.gz

5) Portf_files.zip (from /faoftp/faocommon/NEATPLUS/)

§ Unzip the above files

§ From the log on screen click on the “UPLOAD” button to update the contract, security, participant and portfolio details.

Note: It is mandatory to upload the Portf_files

ANNEXURE – 3

Precautions and procedure for reverting to earlier version

These instructions are required to be followed to ensure that members are able to revert back to old version of NEAT F&O and Neat Plus to trade efficiently on Monday, November 10, 2008 in the unfortunate event of the mock being declared unsuccessful.

Steps to be followed for reverting to old version of NEAT F&O:

· Installation files for old version can be taken from path /faoftp/faocommon/ver809 on NSE EXTRANET or internet ftp://203.199.75.110

· Download the files spreltdr.8.0.9 and opneattdr.bat into (C :\) in your local hard disk, if prompted, choose to overwrite the existing files

· Rename the existing NSEOP directory

· Go to MSDOS prompt

· Execute command : cd C:\

• Type: opneattdr.bat and press "enter"
• Set up the NSEOP icon on the Desk top and click on the icon.

• Place the old ‘mw****.dat’ and ‘cl****.dat’ files in ‘C:\NSEOP\BACKUP’ directory.
• Download the fresh contract.gz file from NSE EXTRANET path /faoftp/faocommon and unzip it on your log on drive (this step is very important to ensure trading on Monday, November 10, 2008)
• From the log on screen click the “UPLOAD” button to update the contract, security and participant details.

Steps to be followed for reverting to old version of NEATPlus:

• Download the set up file for old version ‘NEATPlusTWSSetup.exe’ from NSE EXTRANET path faoftp/faocommon/NEATPlus318 to your hard disc in the root directory (i.e. C:\ or D:\ or E:\). If prompted, choose to overwrite the existing file. Kindly choose the same drive where the proposed new version was installed.
• Go to the drive where NEATPlusTWSSetup.exe is copied.
• Double click on the NEATPlusTWSSetup.exe.
• The files will be extracted with the window pop up ‘NEATPlus TWS Installer extracting files’.
• It will be followed by ‘NEATPlus Installer’ pop up window. Installation drive (where application will be installed) will be C: by default.
• The user can change the default installation drive to any other local drives (e.g. D: or E:)
• Click on ‘Install’ button on this pop up window and follow the installation instructions.
• Message of successful installation will be displayed once the complete application is installed.
• The user can run NEATPlus TWS application by double clicking on either of the following:

4. NEATPlus TWS shortcut icon created on the desktop.
5. NEATPlus TWS entry in the ‘Programs’ sub-menu of the ‘Start’ menu.
6. NEATPLUS.exe located in the NeatPlusDB-TWS directory in the installation drive.

• From NSE EXTRANET path /faoftp/faocommon download contract.gz file and unzip it on your log on drive (this step is very important to ensure trading on Monday, November 10, 2008)

§ From the log on screen click on the “UPLOAD” button to update the contract, security, participant and portfolio details.