Description

BSE announces specific timings for collateral management operations during the Muhurat Trading session scheduled for October 21, 2025.

Summary

BSE has announced specific timings for collateral management operations during the Muhurat Trading session on October 21, 2025. The notice, issued by Indian Clearing Corporation Limited, specifies operating hours for cash deposits, cash releases, securities release cut-off, and collateral allocation. This is a follow-up to Exchange Notice No. 20250922-21 dated September 22, 2025.

Key Points

  • Cash deposit window: 11:00 to 17:00 hours
  • Cash release window: 11:00 to 17:00 hours
  • Securities release cut-off time: 17:00 hours
  • Collateral allocation window: 11:00 to 17:00 hours
  • Applicable only for Muhurat Trading session on October 21, 2025
  • Members can contact Relationship Managers or Collateral Management team for clarifications

Regulatory Changes

No regulatory changes. This is an operational notice specifying timings for collateral management during a special trading session.

Compliance Requirements

Members must adhere to the specified timings for all collateral-related operations during the Muhurat Trading session:

  • Ensure cash deposits and releases are processed within 11:00 to 17:00 hours
  • Complete securities release requests before the 17:00 hours cut-off
  • Manage collateral allocation within the designated 11:00 to 17:00 hours window

Important Dates

  • October 21, 2025: Muhurat Trading session with specified collateral timings
  • Collateral operations window: 11:00 to 17:00 hours on October 21, 2025
  • Securities release cut-off: 17:00 hours on October 21, 2025

Impact Assessment

This notice has minimal market impact as it pertains to operational timings for a single special trading session. The specified timings ensure smooth collateral management operations during Muhurat Trading. Members managing collateral on behalf of clients need to plan their operations accordingly. Contact details provided: Collateral Management at 022 22728121/8467, 022 22728881/5648, 022 22728702/5693, or email collaterals@icclindia.com.

Impact Justification

Operational notice specifying collateral management timings for a special trading session. Affects only members managing collateral during Muhurat Trading on October 21, 2025. No market-wide impact or regulatory changes.