Description

BSE extends the Messages Per Second (MPS) assignment/reassignment cut-off time to 6:30 PM for July 30, 2025 in equity derivatives segment.

Summary

BSE has extended the cut-off time for Messages Per Second (MPS) assignment and reassignment at Trading Member/ETI ID level to 6:30 PM for July 30, 2025, in the equity derivatives segment. This is a modification to the previous notice dated May 27, 2025.

Key Points

  • Extension applies only to July 30, 2025
  • Affects MPS assignment/reassignment at Trading Member/ETI ID level
  • Cut-off time extended to 6:30 PM
  • Applies to equity derivatives segment only
  • Modifies previous notice number 20250527-65

Regulatory Changes

Temporary extension of the standard cut-off time for MPS throttle limit assignments in equity derivatives trading.

Compliance Requirements

Trading members can submit MPS assignment/reassignment requests until 6:30 PM on July 30, 2025, instead of the regular cut-off time.

Important Dates

  • July 30, 2025: Extended cut-off time to 6:30 PM for MPS assignments
  • May 27, 2025: Original notice date being modified

Impact Assessment

Minimal operational impact as this is a one-day extension providing additional flexibility to trading members for MPS limit management in equity derivatives segment.

Impact Justification

Minor operational adjustment affecting only one trading day with extended deadline