Description

BSE announces that BSE exclusive scrips in Equity segment will be available for trading on NSE at 2:39 PM following earlier notice dated December 11, 2025.

Summary

BSE has notified trading members that BSE exclusive scrips in the Equity segment will be available for trading on the National Stock Exchange (NSE) at 2:39 PM. This notice references exchange notice no. 20251211-75 dated December 11, 2025, regarding the invocation of an alternate trading venue.

Key Points

  • BSE exclusive scrips in Equity segment will be available on NSE alternate trading venue
  • Trading will commence at 2:39 PM on the alternate venue
  • This action is in reference to prior notice no. 20251211-75 dated December 11, 2025
  • All trading members are notified of this arrangement

Regulatory Changes

No permanent regulatory changes. This is an operational measure to invoke alternate trading venue provisions for BSE exclusive scrips.

Compliance Requirements

  • Trading members must be prepared to handle orders for BSE exclusive scrips on NSE platform
  • Members should ensure systems and processes are ready for dual-venue trading from 2:39 PM
  • Members should refer to earlier notice 20251211-75 for complete context and requirements

Important Dates

  • December 13, 2025 at 2:39 PM: BSE exclusive scrips become available for trading on NSE
  • December 11, 2025: Reference date of original notice (20251211-75)

Impact Assessment

Market Impact: High - BSE exclusive scrips gaining access to NSE platform provides alternate liquidity venue and ensures market continuity. This is a significant operational measure that affects trading patterns and member operations.

Operational Impact: Trading members need to ensure readiness for handling BSE scrips on NSE platform, including order routing, risk management, and reconciliation processes across both exchanges.

Investor Impact: Provides additional trading venue and potentially better price discovery for BSE exclusive scrips through alternate market access.

Impact Justification

Critical operational change affecting BSE exclusive scrips availability on alternate venue NSE, impacting trading operations and member preparedness