Description

BSE has scheduled a mock trading session for equity derivatives on Saturday, August 2, 2025 from 10:15 AM to 3:30 PM for members to test trading systems and fulfill regulatory requirements.

Summary

BSE has announced a mock trading session for the Equity Derivatives segment on Saturday, August 2, 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. This provides trading members an opportunity to test their systems and fulfill SEBI regulatory requirements.

Key Points

  • Mock trading session scheduled for Saturday, August 2, 2025
  • Available for Equity Derivatives segment only
  • Members can choose between mock trading or UAT environment for regulatory compliance
  • Third-party trading platforms and in-house systems can test various functionalities
  • Testing includes exceptional market conditions like risk-reduction mode and trading halts
  • No new BOLT TWS release will be implemented
  • Feedback required by 4:30 PM on the same day

Regulatory Changes

No new regulatory changes. This session supports existing SEBI compliance requirements under circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020, and Exchange Notice No 20201201-22 regarding testing of trading and risk management software.

Compliance Requirements

  • Trading members must test software used in trading and risk management
  • Members can fulfill regulatory requirements through either mock trading session or UAT environment
  • Mandatory feedback submission by 4:30 PM on August 2, 2025
  • Testing recommended for third-party trading platforms and in-house developed systems using IML/ETI APIs

Important Dates

  • August 2, 2025: Mock trading session
    • Log-in: 10:15 AM - 11:15 AM
    • Continuous Trading: 11:15 AM - 3:30 PM
    • Feedback deadline: 4:30 PM

Impact Assessment

This is a routine operational activity with no direct market impact. The mock trading session allows members to:

  • Test trading systems under simulated market conditions
  • Ensure compliance with SEBI regulations
  • Validate functionality during exceptional market scenarios
  • Maintain system readiness and reliability

Contact support is available through BSE Tech Support (022-22728053, bse.tech@bseindia.com) and Help Desk (022-45720400/600, 022-69158500, bsehelp@bseindia.com).

Impact Justification

Regular mock trading session for system testing and regulatory compliance - operational but not market-moving