Description

BSE has scheduled a mock trading session for Currency Derivatives segment on Saturday, January 03, 2026 for testing and familiarization purposes.

Summary

BSE has scheduled a mock trading session for Currency Derivatives segment on Saturday, January 03, 2026. This session is intended for testing and familiarization purposes. Trading 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. No new BOLT TWS release is planned. Trades from this mock session will not create any margin, pay-in/pay-out obligations, rights, or liabilities.

Key Points

  • Mock trading session scheduled for Saturday, January 03, 2026
  • Covers Currency Derivatives and Cross Currency Derivatives segments
  • Members can alternatively use UAT environment for regulatory compliance
  • Opportunity for testing trading applications and exceptional market conditions
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test functionalities
  • No new BOLT TWS release for this session
  • Feedback solicited from all participants by 4:30 PM on session day

Regulatory Changes

No regulatory changes introduced. This circular refers to existing requirements under:

  • Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of trading and risk management software
  • SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020

Compliance Requirements

  • Trading members are encouraged to participate actively in the mock trading session
  • Members must provide feedback by 4:30 PM on the session day
  • Third-party trading platform users and in-house system developers should utilize this opportunity for testing
  • Members may choose between mock trading session or UAT environment for fulfilling regulatory testing requirements

Important Dates

  • January 03, 2026 (Saturday): Mock Trading Session
    • Login: 10:15 AM - 11:00 AM
    • Continuous Trading (Currency Derivatives): 11:00 AM - 3:30 PM
    • Continuous Trading (Cross Currency Derivatives): 11:00 AM - 3:30 PM
    • Trade Modification (Currency): 3:40 PM
    • Trade Modification (Cross Currency): 3:40 PM
  • Feedback Deadline: 4:30 PM on January 03, 2026

Impact Assessment

Market Impact: None. This is a mock trading session with no real market consequences.

Operational Impact: Low. The session provides trading members an opportunity to test their systems and familiarize themselves with trading functionalities in a risk-free environment. No margin obligations, settlements, or actual trades result from this session.

Member Obligations: Voluntary participation encouraged for system testing and regulatory compliance purposes. Members should submit feedback to help improve trading system features.

Contact Information:

Impact Justification

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