Description

BSE announces mock session details for testing the Debt Liquidity Window (DLW) system with test security DLWTEST1.

Summary

BSE has released details of a mock session for the Debt Liquidity Window (DLW) system. The circular contains test data for the security DLWTEST1, including test client information with PAN numbers, names, DPID, Client IDs, and categorization as Retail (R) or Non-Retail (NR) participants. This mock session is designed to help market participants test their systems and familiarize themselves with DLW operations.

Key Points

  • Mock session data provided for test security DLWTEST1
  • Test data includes 41 test client entries with synthetic PAN numbers and names
  • Participants categorized as Retail (R) and Non-Retail (NR)
  • Test DPID and Client ID combinations provided for system testing
  • Data includes both standard DPID format entries and alternative client ID formats

Regulatory Changes

No regulatory changes announced. This is a system testing exercise.

Compliance Requirements

  • Market participants are expected to participate in the mock session to test their systems
  • Participants should verify their connectivity and data handling for DLW operations
  • Trading members should ensure their systems can process DLW transactions correctly

Important Dates

The circular is dated November 3, 2025. Specific mock session date and time not mentioned in the extracted content.

Impact Assessment

Market Impact: None - this is a mock testing session with no real market impact.

Operational Impact: Low - provides opportunity for participants to test their DLW systems and ensure readiness for actual Debt Liquidity Window operations. This is a preparatory measure to ensure smooth functioning when the actual DLW facility is used for live trading.

Participant Action Required: Market participants should participate in the mock session to verify system readiness and familiarize themselves with DLW procedures.

Impact Justification

This is a mock testing session for the Debt Liquidity Window system using test data and test securities. It has no real market impact and is purely for system testing and participant preparation purposes.