Description
BSE announces specific timings for collateral management activities during the Muhurat Trading session scheduled for October 21, 2025.
Summary
BSE has issued specific timings for collateral management activities during the Muhurat Trading session scheduled for October 21, 2025. This circular provides operational guidelines for cash deposits, cash releases, securities release cut-off times, and collateral allocation timings that members must follow during this special trading session.
Key Points
- Collateral management timings are specifically defined for the Muhurat Trading session on October 21, 2025
- Cash deposit and withdrawal operations available from 11:00 to 17:00
- Securities release cut-off time set at 17:00
- Collateral allocation window from 11:00 to 17:00
- This circular references Exchange Notice No. 20250922-21 dated September 22, 2025
Regulatory Changes
No permanent regulatory changes. This is a temporary operational guideline for a special trading session.
Compliance Requirements
For BSE Members:
- Adhere to specified collateral management timings during Muhurat Trading
- Complete cash deposits between 11:00 and 17:00
- Process cash releases between 11:00 and 17:00
- Ensure securities release requests are submitted before 17:00 cut-off
- Manage collateral allocations within 11:00 to 17:00 window
Contact Points for Queries:
- Collateral Management: 022 22728121/8467, 022 22728881/5648, 022 22728702/5693
- Email: collaterals@icclindia.com
- Members should contact respective Relationship Managers for clarifications
Important Dates
| Date | Event |
|---|---|
| October 21, 2025 | Muhurat Trading session |
| 11:00 - 17:00 | Collateral management operations window |
| 17:00 | Cut-off time for securities release |
Impact Assessment
Operational Impact: Low - This circular only affects members who manage collaterals during the special Muhurat Trading session, which is a one-time annual event.
Market Impact: Minimal - Standard collateral management procedures are being adapted for a special trading session without affecting regular market operations.
Member Impact: Low - Clear timings provided well in advance allow members to plan their collateral management activities appropriately for this special session.
Impact Justification
Operational circular providing specific collateral management timings for a special one-time Muhurat Trading session, affecting only members managing collaterals during this specific event