Description

BSE has scheduled a mock trading session for Currency Derivatives segment on November 29th, 2025 for testing and familiarization purposes without any margin or settlement obligations.

Summary

BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, November 29th, 2025. This session is designed for trading members using third-party trading platforms, empaneled vendor systems, or in-house developed systems through ETI APIs to test their trading applications and various functionalities including exceptional market conditions. The mock trading will not result in any actual margin obligations, pay-in/pay-out requirements, or create any rights and liabilities.

Key Points

  • Mock trading session scheduled for November 29th, 2025 (Saturday)
  • Covers Currency Derivatives and Cross Currency Derivatives segments
  • No new BOLT TWS Release will be implemented
  • Trading members can test third-party platforms, vendor systems, and in-house systems via ETI APIs
  • All trades from mock trading are for testing purposes only and create no obligations
  • Members must provide feedback by 3:00 PM on the session day
  • Active participation from all trading members is requested

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members must submit feedback for the mock trading session by 3:00 PM on November 29th, 2025
  • Feedback should be provided via the contact numbers or email addresses specified
  • Members should contact their Relationship Manager or BSE support teams for any queries

Important Dates

  • November 29th, 2025: Mock trading session date
    • 9:15 AM - 10:00 AM: Log-in window
    • 10:00 AM - 1:00 PM: Continuous Trading for Currency Derivatives
    • 10:00 AM - 1:00 PM: Continuous Trading for Cross Currency Derivatives
    • 1:10 PM: Trade Modification for Currency
    • 1:10 PM: Trade Modification for Cross Currency
    • By 3:00 PM: Deadline for submitting feedback

Impact Assessment

Market Impact: None. This is a mock trading session with no real market transactions or obligations.

Operational Impact: Low. Trading members have the opportunity to test their systems and applications in a controlled environment. This helps ensure system readiness and identifies potential issues before actual trading. Members using third-party platforms or in-house systems through ETI APIs can validate their implementations.

Member Impact: Voluntary participation with no financial implications. Members can use this session to familiarize themselves with system functionalities and test exceptional market condition scenarios.

Contact Information:

Impact Justification

Mock trading session for testing purposes only with no actual market impact, settlement obligations, or rights and liabilities