Description

BSE has scheduled a mock trading session for Electronic Gold Receipts segment on October 25, 2025 for members to test trading applications and familiarize with various functionalities including exceptional market conditions.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts (EGR) segment on Saturday, October 25th, 2025. This session is designed for trading members using third-party trading platforms from empaneled vendors or in-house developed systems through ETI APIs to test their trading applications. The mock trading will cover various functionalities including exceptional market conditions such as risk-reduction mode and trading halt. There will be no new BOLT TWS Release. All trades executed during this session are for testing purposes only and will not create any rights, liabilities, or settlement obligations.

Key Points

  • Mock trading session scheduled for Electronic Gold Receipts segment on Saturday, October 25, 2025
  • No new BOLT TWS Release for this session
  • Trading members can test their third-party or in-house trading applications
  • Testing will include various functionalities and exceptional market conditions (risk-reduction mode, trading halt, etc.)
  • Mock trades will not attract any margin obligation or pay-in/pay-out obligations
  • Mock trades will not create any rights and liabilities
  • Members must provide feedback by 6:00 pm on the same day
  • Active participation from all members is requested

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are encouraged to actively participate in the mock trading session
  • Members must submit feedback for the mock trading session by 6:00 pm on October 25, 2025
  • Feedback should be sent to BSE Tech Support (022-22728053; bse.tech@bseindia.com) or Help Desk (022-45720400/600 & 022-69158500; bsehelp@bseindia.com)
  • Members with queries should contact their respective Relationship Manager or BSE support teams

Important Dates

October 25, 2025 - Mock Trading Session Schedule:

  • Login: 1:15 PM to 2:00 PM
  • Pre-Open Order Entry Period: 2:00 PM to 2:08 PM
  • Matching Period: 2:08 PM to 2:15 PM
  • Continuous Trading: 2:15 PM to 5:00 PM
  • Block Deal Window: 3:05 PM to 3:20 PM
  • Closing: 5:00 PM to 5:10 PM
  • Post-Closing: 5:10 PM to 5:20 PM
  • Feedback Deadline: 6:00 PM on October 25, 2025

Impact Assessment

Market Impact: None. This is a mock trading session with no actual market impact. All trades executed are for testing and familiarization purposes only.

Operational Impact: Low. Trading members have an opportunity to test their trading platforms and systems in a controlled environment without any financial obligations. This helps ensure system readiness and familiarization with platform functionalities.

Member Impact: Positive. Members can utilize this session to validate their trading systems, test various market scenarios, and ensure their applications are functioning correctly before actual trading. No financial risks or settlement obligations are involved.

Impact Justification

Routine mock trading session for testing purposes only with no actual trading obligations or market impact. No trades will result in margin, pay-in, or pay-out obligations.