Description

BSE announces mock trading session for equity derivatives segment on Saturday, August 2, 2025 from 11:15 AM to 3:30 PM for system testing and regulatory compliance.

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, August 2, 2025. The session will run from 11:15 AM to 3:30 PM with login starting at 10:15 AM. This provides trading members an opportunity to test their systems and fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234.

Key Points

  • Mock trading session scheduled for Saturday, August 2, 2025
  • Login period: 10:15 AM to 11:15 AM
  • Trading period: 11:15 AM to 3:30 PM
  • No new BOLT TWS release planned
  • Members can choose between mock trading or UAT environment for compliance
  • Third-party platform users can test various functionalities including risk-reduction mode and trading halts
  • Feedback requested by 4:30 PM on the same day

Regulatory Changes

No new regulatory changes introduced. Session aligns with existing SEBI circular requirements for software testing related to trading and risk management systems.

Compliance Requirements

  • Trading members must fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020
  • Members using third-party platforms or in-house systems through IML/ETI APIs should participate for testing
  • Feedback submission required by 4:30 PM on August 2, 2025
  • Reference to Exchange Notice No 20201201-22 for software testing guidelines

Important Dates

  • August 2, 2025: Mock trading session date
  • 10:15 AM - 11:15 AM: Login window
  • 11:15 AM - 3:30 PM: Continuous trading session
  • 4:30 PM: Deadline for feedback submission

Impact Assessment

Operational Impact: Medium - Affects all equity derivatives trading members who need to test their systems. Provides opportunity for thorough testing of trading applications and risk management systems.

Market Impact: Low - No impact on regular trading as this is a mock session on Saturday.

Technology Impact: Medium - Important for system validation and ensuring trading platform reliability for members using various trading technologies.

Impact Justification

Scheduled mock trading session for system testing and regulatory compliance - important for trading members but routine operational activity