Description

BSE schedules mock trading session for Equity Derivatives segment on Saturday, August 02, 2025 from 10:15 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 02, 2025. The session will run from 10:15 AM to 3:30 PM with log-in starting at 10:15 AM and continuous trading from 11:15 AM to 3:30 PM. Members can participate either in the mock trading session or UAT environment to fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020.

Key Points

  • Mock trading session scheduled for Saturday, August 02, 2025
  • Log-in window: 10:15 AM to 11:15 AM
  • Continuous trading: 11:15 AM to 3:30 PM
  • No new BOLT TWS release scheduled
  • Members can choose between mock trading or UAT environment for compliance
  • Third-party trading platforms and in-house systems can test via IML/ETI APIs
  • Feedback required by 4:30 PM on the same day

Regulatory Changes

No regulatory changes introduced. This is a scheduled testing session to comply with existing SEBI requirements for software testing in trading and risk management systems as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020.

Compliance Requirements

  • Trading members must participate in either mock trading session or UAT environment
  • Members using third-party platforms or in-house systems should test their applications
  • Testing should cover various functionalities including risk-reduction mode and trading halt scenarios
  • Mandatory feedback submission by 4:30 PM on August 02, 2025
  • Compliance with Exchange Notice No 20201201-22 regarding testing requirements

Important Dates

  • August 02, 2025: Mock trading session date
  • 10:15 AM - 11:15 AM: Log-in window
  • 11:15 AM - 3:30 PM: Continuous trading period
  • 4:30 PM: Feedback submission deadline

Impact Assessment

Medium impact on equity derivatives market participants. While this is a scheduled testing session with no actual trading, all members are expected to participate for regulatory compliance. The session provides an opportunity to test trading systems under various market conditions including exceptional scenarios. Members using third-party platforms or proprietary systems should utilize this session to ensure system readiness and compliance with regulatory requirements.

Impact Justification

Scheduled system testing event affecting all equity derivatives traders with mandatory participation for regulatory compliance