Description
BSE extends MPS assignment/reassignment cut-off time to 6:30 PM for July 30, 2025 in equity derivatives segment.
Summary
BSE has extended the Messages Per Second (MPS) assignment/reassignment cut-off time at Trading Member/ETI ID level to 6:30 PM for July 30, 2025, in partial modification to earlier notice dated May 27, 2025.
Key Points
- Extension of MPS assignment/reassignment cut-off time to 6:30 PM
- Applies to Trading Member/ETI ID level operations
- Specific to equity derivatives segment
- One-day extension for July 30, 2025 only
- Modifies earlier notice 20250527-65 dated May 27, 2025
Regulatory Changes
Temporary modification to existing MPS throttle limit procedures, extending the daily cut-off time for MPS assignments and reassignments.
Compliance Requirements
Trading members must note the extended cut-off time of 6:30 PM for MPS assignment/reassignment activities on July 30, 2025.
Important Dates
- July 30, 2025: Extended MPS assignment/reassignment cut-off time to 6:30 PM
- Reference Date: May 27, 2025 - Original notice being modified
Impact Assessment
Limited operational impact as this is a one-day extension providing additional time for trading members to manage their message throttling configurations in the equity derivatives segment.
Impact Justification
Operational update affecting trading member systems and message throttling for single day only