Description

BSE schedules mock trading session for Electronic Gold Receipts segment on September 6, 2025 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, September 6, 2025. This session is designed for testing and familiarization purposes, allowing members to test their trading systems and applications. The mock trades will not create any real obligations or liabilities.

Key Points

  • Mock trading session scheduled for Electronic Gold Receipts segment on September 6, 2025
  • New BOLT Pro TWS version 12.03 will be released
  • Members can participate in either mock trading or UAT environment to meet regulatory requirements
  • Trading sessions will run from 10:15 AM to 15:50 PM with various phases
  • Third-party trading platform users and in-house system developers can test their applications
  • Feedback required by 4:30 PM on the same day

Regulatory Changes

No regulatory changes introduced. This circular refers to existing SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing requirements.

Compliance Requirements

  • Members must comply with testing requirements as per SEBI circular
  • Active participation in mock trading sessions is requested
  • Feedback must be provided by 4:30 PM on September 6, 2025
  • Members using third-party platforms should test various functionalities including risk-reduction mode and trading halt scenarios

Important Dates

  • September 6, 2025: Mock trading session date
  • 10:15 AM - 11:00 AM: Log-in period
  • 11:00 AM - 11:08 AM: Pre-Open Order Entry period
  • 11:08 AM - 11:15 AM: Matching period
  • 11:15 AM - 3:30 PM: Continuous Trading
  • 12:00 PM - 12:15 PM: Block Deal Window
  • 3:30 PM - 3:40 PM: Closing period
  • 3:40 PM - 3:50 PM: Post-closing period
  • By 4:30 PM: Feedback submission deadline

Impact Assessment

Minimal market impact as this is a testing session only. Mock trades will not attract margin obligations, pay-in/pay-out obligations, or create rights and liabilities. The session serves operational purposes for system testing and member familiarization with the Electronic Gold Receipts segment.

Impact Justification

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