The National Commodity & Derivatives Exchange Limited (NCDEX) on October 21, 2026, issued the Guidelines for Registration of In-House Trading Applications and Empanelment of Software Vendors.
The following has been stated:
• NCDEX, following SEBI’s in-principle approval for launching its Equity Segment, has invited applications from trading members developing in-house trading applications and software vendors seeking empanelment of front-end trading solutions. The circular follows the Exchange Trading Interface (XTI) Specifications (Version 1.0) issued on July 10, 2026, and prescribes the application procedures, eligibility criteria and documentation requirements for trading software used in the Equity Cash Segment. These requirements also apply to in-house and vendor-developed software for the Commodity Derivatives Segment.
• Vendors and members shall fulfil the prescribed empanelment and compliance requirements, including applicable SEBI Cyber Security and Cyber Resilience Framework (CSCRF) requirements, STQC certification, ISO 27001 certification, VAPT reports, audit reports, undertakings and system-related documentation, as applicable to the software category. Separate documentation requirements are prescribed for CTCL, IBT, STWT, Algorithmic Trading Software (ATS), ASP-based software and Tick-by-Tick (TBT) systems. Members intending to use the facility shall submit a Member Intention Form to [email protected], along with the relevant supporting documents.
[Notification No. - NCDEX/TRADING- 050/2026]
