NSE To Conduct Live Trading On 18 May With Disaster Recovery Switch
The session will be conducted in two phases, first phase starting at 9:15 am and second special live trading session at 11:45 am
The National Stock Exchange (NSE) will conduct a special live trading session with intraday switch over from the primary site to Disaster Recovery (DR) site on Saturday, 18 May 2024 in equity and equity derivatives segments, the exchange said in a circular on Tuesday.
As per definition, a DR site is a place that a company can temporarily relocate to following a disaster. A disaster recovery site ensures that a company can continue operations until it becomes safe to resume work at its usual location or a new permanent location.
The session will be conducted in two phases. The first phase will be a 45-minute session starting at 9:15 am. The second special live trading session will commence at 11:45 am and conclude at 12:40 pm.
All securities (including those on which derivative products are available) will have a maximum price band of 5 per cent. Securities already in the 2 per cent or lower price band, shall continue to be available in the respective bands. (ANI)
