The National Commodity & Derivatives Exchange Limited (NCDEX) on January 12, 2026, issued the notification regarding the Review of Framework to address the ‘Technical Glitches’ in Stock Brokers’ Electronic Trading Systems.
The following has been stated namely: -
• The communication refers to SEBI circular dated January 09, 2026 on reviewing the framework to address technical glitches in Stock Brokers’ Electronic Trading Systems.
• Stock Exchanges have jointly framed detailed guidelines covering definition of technical glitches, applicability, capacity planning, software testing, change management, BCP/DRS, and monitoring mechanisms.
• A revised financial disincentive structure for technical glitch incidents is provided in Annexure A.
• Formats for preliminary incident reporting and Root Cause Analysis (RCA) are prescribed in Annexure B and Annexure C, respectively.
[Notification No. NCDEX/Member Tech Compliance-03/2026]
