Description

BSE has scheduled a mock trading session for Electronic Gold Receipts on December 13, 2025, including testing from both primary and disaster recovery sites with switchover procedures.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts segment on Saturday, December 13, 2025. The session will test trading operations from both the primary site (PR) and disaster recovery site (DR), including a switchover procedure at midday. Trading members using third-party platforms or in-house systems via ETI APIs can test their applications during various market conditions including risk-reduction mode and trading halts. No actual trading obligations or liabilities will be created.

Key Points

  • Mock trading session scheduled for Saturday, December 13, 2025
  • Testing will cover both primary site (PR) and disaster recovery site (DR) operations
  • Switchover from PR to DR scheduled at 12:30 pm
  • Session designed for members to test trading applications and familiarization
  • Third-party trading platforms and in-house systems can participate via ETI APIs
  • Testing includes exceptional market conditions, risk-reduction mode, and trading halts
  • No margin obligations, pay-in/pay-out obligations, or rights and liabilities will be created
  • Feedback requested from all members by 5:00 pm on the same day

Trading Schedule

Primary Site (PR):

  • Login: 09:15 am - 10:00 am
  • Pre-Open Order Entry: 10:00 am - 10:08 am
  • Pre-Open Matching: 10:08 am - 10:15 am
  • Continuous Trading: 10:15 am - 12:30 pm
  • Block Deal Window: 11:00 am - 11:15 am
  • Trading Halt: 12:30 pm

Switchover Period: 12:30 pm - 01:15 pm

Disaster Recovery Site (DR):

  • Pre-Open Order Entry: 01:15 pm - 01:23 pm
  • Pre-Open Matching: 01:23 pm - 01:30 pm
  • Continuous Trading: 01:30 pm - 04:00 pm
  • Closing: 04:00 pm - 04:10 pm
  • Post-Closing: 04:10 pm - 04:20 pm

Regulatory Changes

No regulatory changes. This is a routine testing and familiarization exercise.

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members must provide feedback by 5:00 pm on December 13, 2025
  • Members should test their trading applications during the session
  • Contact BSE Helpdesk (022-45720400/600, 022-69158500, bsehelp@bseindia.com) or BSE Tech Support (022-22728053, bse.tech@bseindia.com) for queries

Important Dates

  • December 13, 2025: Mock trading session for Electronic Gold Receipts segment
  • 5:00 pm, December 13, 2025: Deadline for submitting feedback

Impact Assessment

Market Impact: None - This is a mock trading session with no actual trading obligations.

Operational Impact: Low - Provides opportunity for trading members to test systems and familiarize themselves with disaster recovery procedures. The switchover testing from primary to disaster recovery site is valuable for business continuity preparedness but creates no operational obligations for regular market participants.

Impact Justification

Routine mock trading session for testing purposes only with no actual trading obligations or market impact