Description

BSE has scheduled a mock trading session for Currency Derivatives segment on December 06, 2025, along with release of new BOLT Pro TWS version 12.40.

Summary

BSE has scheduled a mock trading session for the Currency Derivatives segment on Saturday, December 06, 2025. This session is designed for testing and familiarization purposes, allowing trading members to test their trading applications and systems. A new BOLT Pro TWS version 12.40 will be released, with details to be published separately. Members can participate in either the mock trading session or UAT environment to fulfill 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
  • Covers Currency Derivatives and Cross Currency Derivatives segments
  • New BOLT Pro TWS version 12.40 to be released (details in separate circular)
  • Members can choose between mock trading or UAT environment for regulatory compliance
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test their applications
  • Trades from mock session will not create any margin obligations, pay-in/pay-out obligations, rights, or liabilities
  • Feedback must be submitted by 4:30 PM on the session day

Regulatory Changes

No regulatory changes introduced. This circular facilitates compliance with existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of software used in trading and risk management.

Compliance Requirements

  • Trading members are encouraged to participate actively in the mock trading session
  • Members should test various functionalities including exceptional market conditions
  • Feedback must be provided by 4:30 PM on December 06, 2025
  • Members must refer to Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of software used in trading and risk management
  • Participation is voluntary but recommended for system testing and familiarization

Important Dates

  • December 06, 2025 (Saturday): Mock trading session
    • 10:15 AM - 11:00 AM: Log-in
    • 11:00 AM - 03:30 PM: Continuous Trading for Currency Derivatives
    • 11:00 AM - 03:30 PM: Continuous Trading for Cross Currency Derivatives
    • 03:40 PM: Trade Modification (Currency and Cross Currency)
    • 4:30 PM: Deadline for feedback submission

Impact Assessment

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

Operational Impact: Low. Members have the option to participate for testing purposes and system familiarization. This provides an opportunity to:

  • Test trading applications and platforms
  • Familiarize with the new BOLT Pro TWS version 12.40
  • Validate third-party trading platforms and in-house developed systems
  • Test exceptional market condition scenarios
  • Ensure readiness for live trading operations

Member Impact: Voluntary participation with no obligations created. Members benefit from the testing opportunity without any financial or operational risks.

Contact Information

  • TWS Users & Third-Party Vendors: BSE Tech Support - 022-22728053, bse.tech@bseindia.com
  • General Queries: BSE Help Desk - 022-45720400/600 & 022-69158500, bsehelp@bseindia.com
  • Relationship Managers: Available for member-specific queries

Impact Justification

Routine mock trading session for testing purposes with no real market impact or obligations. Voluntary participation for members to test systems and familiarize with new BOLT Pro TWS version 12.40.