Description

BSE announces mock trading session for equity segment on Saturday, August 2, 2025 to test trading systems and functionalities.

Summary

BSE has scheduled a mock trading session for the Equity segment on Saturday, August 2, 2025. This is part of mandatory testing requirements for trading and risk management systems as per SEBI regulations. Trading members can participate in either mock trading or UAT environment to fulfill regulatory compliance.

Key Points

  • Mock trading session scheduled for Saturday, August 2, 2025
  • No new BOLT TWS release will be implemented
  • Members can choose between mock trading session or UAT environment for regulatory compliance
  • Third-party trading platform users can test various functionalities including exceptional market conditions
  • Testing includes call auction sessions, risk-reduction mode, trading halt, block deals
  • Feedback required by 4:30 PM on the same day

Regulatory Changes

No regulatory changes. This is compliance with existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of trading and risk management software.

Compliance Requirements

  • Trading members must participate in either mock trading session or UAT environment
  • Third-party trading platform providers should use this opportunity for comprehensive testing
  • Members must provide feedback by 4:30 PM on August 2, 2025
  • Reference to Exchange Notice No 20201201-22 dated December 1, 2020 for testing guidelines

Important Dates

  • August 2, 2025: Mock trading session
  • 4:30 PM August 2, 2025: Feedback deadline
  • Trading Schedule:
    • Log-in: 10:15 AM - 10:45 AM
    • Pre-Open: 11:00 AM - 11:15 AM
    • Continuous Trading: 11:15 AM - 3:30 PM
    • Closing: 3:30 PM - 3:40 PM

Impact Assessment

Medium operational impact as it requires coordination from all trading members for system testing. No direct market impact as this is a mock session. Critical for ensuring system reliability and compliance with SEBI requirements. Members using third-party platforms benefit from comprehensive functionality testing in a controlled environment.

Impact Justification

Operational notice for system testing that affects all trading members but doesn't impact market operations directly