Description

BSE releases new version of BOLT Pro TWS with technical enhancements for market data streams, mandatory for derivatives segments.

Summary

BSE announces the release of BOLT Pro TWS version 12.03, effective Monday September 08, 2025. This is a mandatory upgrade for Currency Derivatives, Commodity Derivatives & EGR segments, and optional for Equity & Equity Derivatives segments.

Key Points

  • New BOLT Pro TWS version 12.03 goes live September 08, 2025
  • Mandatory for Currency Derivatives, Commodity Derivatives & EGR segments
  • Optional for Equity & Equity Derivatives segments
  • Technical enhancement release for improved market data stream handling
  • Download available from September 05, 2025 at 7:00 PM
  • Mock trading session available September 06, 2025

Regulatory Changes

Implements technical enhancements related to market data streams as per previous circulars:

  • Circular 20250528-44 dated May 28, 2025
  • Circular 20250725-11 dated July 25, 2025
  • Circular 20250828-10 dated August 28, 2025

Compliance Requirements

  • Trading members with Currency Derivatives, Commodity Derivatives & EGR segments must upgrade to version 12.03
  • Users with Leased Line Connection can upgrade via Auto-Download Interface
  • Alternative download from BSE website following specified steps
  • Testing recommended during mock trading session

Important Dates

  • September 05, 2025, 7:00 PM: Download becomes available
  • September 06, 2025: Mock trading session for testing
  • September 08, 2025: Version goes live (mandatory implementation)

Impact Assessment

Medium impact on trading operations requiring system updates and potential testing. Mandatory nature for derivatives segments ensures compliance but may require coordination for smooth transition. Technical enhancements should improve market data handling efficiency.

Impact Justification

Software update affecting trading operations with mandatory implementation for derivatives segments