Description

BSE has scheduled a mock trading session for Electronic Gold Receipts on December 13, 2025 from both primary and disaster recovery sites to test trading applications and exceptional market conditions.

Summary

BSE has scheduled a mock trading session for the Electronic Gold Receipts segment on Saturday, December 13, 2025. The session will run from both the primary site (PR) and disaster recovery site (DR) to allow trading members to test their trading applications, including third-party platforms and in-house developed systems. The mock trading will test various functionalities including exceptional market conditions, risk-reduction mode, and trading halts. No actual trading obligations, margins, or pay-in/pay-out will result from this session.

Key Points

  • Mock trading session scheduled for Electronic Gold Receipts segment on December 13, 2025
  • Session will operate from both primary site (PR) and disaster recovery site (DR)
  • Trading members can test third-party trading platforms, empaneled vendor systems, or in-house developed systems using ETI APIs
  • Testing will cover various functionalities including exceptional market conditions, risk-reduction mode, and trading halt scenarios
  • Mock trades will not create any margin obligations, pay-in/pay-out obligations, rights, or liabilities
  • Switchover from primary to disaster recovery site scheduled at 12:30 pm
  • Feedback requested from all members by 5:00 pm on the mock trading day

Regulatory Changes

No regulatory changes introduced in this circular.

Compliance Requirements

  • Trading members are requested to participate actively in the mock trading session
  • Members must provide feedback on the mock trading session by 5:00 pm on December 13, 2025
  • Contact BSE Helpdesk (022-45720400/600, 022-69158500, bsehelp@bseindia.com) or BSE Tech Support (022-22728053, bse.tech@bseindia.com) for queries or clarifications
  • Third-party empaneled vendors and in-house system developers should coordinate with their respective Relationship Managers

Important Dates

December 13, 2025 - Mock Trading Schedule:

  • Log-in: 09:15 am - 10:00 am
  • Pre-Open (PR) - Order Entry: 10:00 am - 10:08 am
  • Pre-Open (PR) - Matching: 10:08 am - 10:15 am
  • Continuous Trading (PR): 10:15 am - 12:30 pm
  • Block Deal Window: 11:00 am - 11:15 am
  • Halt & Switchover to DR: 12:30 pm - 01:15 pm
  • Pre-Open (DR) - Order Entry: 01:15 pm - 01:23 pm
  • Pre-Open (DR) - Matching: 01:23 pm - 01:30 pm
  • Continuous Trading (DR): 01:30 pm - 04:00 pm
  • Closing: 04:00 pm - 04:10 pm
  • Post-closing: 04:10 pm - 04:20 pm
  • Feedback Deadline: 5:00 pm on December 13, 2025

Impact Assessment

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

Operational Impact: Low - The mock session provides an opportunity for trading members to test and familiarize themselves with the Electronic Gold Receipts trading system, particularly the disaster recovery capabilities. This is a voluntary testing exercise that helps ensure system readiness and member preparedness for live trading scenarios. The inclusion of disaster recovery site testing demonstrates BSE’s focus on business continuity planning. Trading members using third-party platforms or in-house systems can validate their integrations and test exceptional market condition handling.

Impact Justification

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