Description

BSE announces mock trading session for Currency Derivatives segment on Saturday, August 2, 2025 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, August 2, 2025. This session is designed for testing and familiarization purposes, allowing trading members to test their systems and applications without creating any actual trading obligations.

Key Points

  • Mock trading session scheduled for Saturday, August 2, 2025
  • Covers Currency Derivatives and Cross Currency Derivatives segments
  • Login window: 10:15 AM to 11:00 AM
  • Continuous trading: 11:00 AM to 3:30 PM for both segments
  • Trade modification windows at 3:40 PM
  • No BOLT TWS release scheduled
  • Trades will not create any margin, pay-in/pay-out obligations or rights/liabilities

Regulatory Changes

No regulatory changes. This refers to existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing requirements and Exchange Notice No 20201201-22 dated December 1, 2020 regarding software testing.

Compliance Requirements

  • Trading members may choose to participate in either Mock Trading Session or UAT environment to fulfill regulatory requirements
  • Members using third-party trading platforms or in-house systems through IML/ETI APIs can test their applications
  • Active participation requested for system testing and familiarization
  • Feedback required by 4:30 PM on the mock trading day

Important Dates

  • August 2, 2025: Mock trading session date
  • 4:30 PM: Deadline for feedback submission

Impact Assessment

Minimal market impact as this is a testing session only. No real trading obligations, margin requirements, or settlement processes will be triggered. The session serves operational purposes for system testing and member familiarization with trading platforms and risk management systems.

Impact Justification

Routine mock trading session for testing purposes with no real trading obligations or market impact