Description

BSE announces 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 Electronic Gold Receipts (EGR) segment on Saturday, September 06, 2025. This session is designed for testing and familiarization purposes, allowing members to test their trading applications and systems. The trades from this mock session will not create any financial obligations or legal rights.

Key Points

  • Mock trading session scheduled for EGR segment on September 6, 2025
  • New BOLT Pro TWS version 12.03 will be released
  • Members can use mock trading or UAT environment to fulfill regulatory requirements
  • Third-party trading platform users and in-house system developers can test various functionalities
  • Testing includes exceptional market conditions like risk-reduction mode and trading halts
  • No margin, pay-in, or pay-out obligations from mock trades
  • Active participation and feedback requested from all members

Regulatory Changes

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

Compliance Requirements

  • Members may choose between mock trading session or UAT environment for regulatory compliance
  • Feedback must be provided by 4:30 PM on the mock trading day
  • Active participation in mock trading sessions is encouraged

Important Dates

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

Impact Assessment

Minimal market impact as this is a mock trading session with no real financial transactions. The session serves as a testing platform for members to ensure system readiness and compliance with regulatory requirements. No actual trades, margins, or settlement obligations will be created.

Impact Justification

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