Description

BSE has scheduled a mock trading session for Commodity Derivatives segment on December 06, 2025, to allow members to test trading systems and familiarize themselves with the new BOLT Pro TWS version 12.40.

Summary

BSE has scheduled a mock trading session for the Commodity Derivatives segment on Saturday, December 06, 2025. This session is designed to allow trading members to test their software systems and familiarize themselves with trading functionalities, including exceptional market conditions. The new BOLT Pro TWS version 12.40 will be released during this session. Members can participate in either the mock trading session or UAT environment to fulfill their regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020.

Key Points

  • Mock trading session scheduled for Saturday, December 06, 2025
  • Applicable to Commodity Derivatives segment only
  • New BOLT Pro TWS version 12.40 will be released (details in separate circular)
  • Members can test trading platforms including third-party systems and in-house developed systems
  • Testing will cover various functionalities including risk-reduction mode and trading halt scenarios
  • No actual trading obligations: trades will not attract margin obligations, pay-in/pay-out requirements, or create rights and liabilities
  • Members must provide feedback by 4:30 PM on the same day

Regulatory Changes

No new regulatory changes introduced. This notice references existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing requirements for trading and risk management software.

Compliance Requirements

  • Trading members are encouraged to participate actively in the mock trading session
  • Members must choose between participating in Mock Trading Session or UAT environment to fulfill regulatory requirements
  • Members using third-party trading platforms or in-house systems via IML/ETI APIs should utilize this opportunity for comprehensive testing
  • Feedback must be submitted by 4:30 PM on December 06, 2025
  • Members should refer to Exchange Notice No. 20201201-22 dated December 1, 2020 regarding testing of software used in trading and risk management

Important Dates

  • December 04, 2025: Notice date
  • December 06, 2025: Mock trading session date
    • 10:15 AM - 11:00 AM: Log-in window
    • 11:00 AM - 03:30 PM: Continuous trading session
    • 4:30 PM: Feedback submission deadline

Impact Assessment

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

Operational Impact: Low. Provides optional opportunity for members to test their trading systems and familiarize themselves with platform updates. Members using the new BOLT Pro TWS version 12.40 should participate to ensure smooth transition.

Member Impact: Beneficial for members who wish to test their trading infrastructure, particularly those using third-party platforms or custom-developed systems. Testing of exceptional scenarios (risk-reduction mode, trading halt) helps ensure system resilience.

Contact Information

For queries or clarifications:

  • BSE Tech Support: 022-22728053, bse.tech@bseindia.com (for TWS users, third-party vendors, and in-house system developers)
  • BSE Help Desk: 022-45720400/600 and 022-69158500, bsehelp@bseindia.com
  • Members can also contact their respective Relationship Manager

Impact Justification

Routine mock trading session for testing purposes with no actual trading obligations or market impact. Primarily operational in nature for system testing and familiarization.