Description

BSE has scheduled a mock trading session for Currency Derivatives segment on Saturday, August 02, 2025 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for Currency Derivatives segment on Saturday, August 02, 2025. This session is designed for testing and familiarization purposes, allowing trading members to test their trading applications and systems. The mock trades will not create any financial obligations or rights and liabilities.

Key Points

  • Mock trading session scheduled for Currency Derivatives segment on August 02, 2025
  • Members can participate in either Mock Trading Session or UAT environment to fulfill regulatory requirements
  • Third party trading platforms and in-house developed systems can test various functionalities
  • No new BOLT TWS Release will be implemented
  • Trades from mock session will not attract margin obligations or pay-in/pay-out obligations
  • Active participation and feedback requested from all members

Regulatory Changes

No regulatory changes. This is in accordance with existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing requirements.

Compliance Requirements

  • Trading members are encouraged to participate actively in mock trading sessions
  • Members using third party platforms or in-house systems should use this opportunity to test trading applications
  • Feedback must be provided by 4:30 PM on the mock trading day
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for testing guidelines

Important Dates

  • Mock Trading Date: Saturday, August 02, 2025
  • Log-in Time: 10:15 AM to 11:00 AM
  • Continuous Trading (Currency & Cross Currency Derivatives): 11:00 AM to 03:30 PM
  • Trade Modification: 03:40 PM
  • Feedback Deadline: 4:30 PM on August 02, 2025

Impact Assessment

Minimal market impact as this is a testing session with no real financial transactions. The mock trading provides valuable opportunity for members to test their systems and ensure smooth operations during regular trading hours. No disruption to normal market operations expected.

Impact Justification

Routine mock trading session for testing purposes with no financial obligations