Description

BSE has scheduled a mock trading session for Equity Derivatives segment on Saturday, January 03, 2026 for members to test trading platforms and fulfill regulatory requirements.

Summary

BSE has scheduled a mock trading session for the Equity Derivatives segment on Saturday, January 03, 2026. Trading members can participate in this session to test their trading platforms and fulfill regulatory requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members may alternatively use the UAT environment. There will be no new BOLT TWS Release for this session.

Key Points

  • Mock trading session scheduled for Equity Derivatives segment on January 03, 2026
  • Members can choose between Mock Trading Session or UAT environment for regulatory compliance
  • Third party trading platforms and in-house systems can test various functionalities including exceptional market conditions
  • Testing includes risk-reduction mode, trading halt, and other scenarios
  • No new BOLT TWS Release scheduled
  • Feedback must be submitted by 4:30 PM on the same day

Regulatory Changes

No regulatory changes. 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 using third party platforms or in-house systems should utilize this opportunity to test their applications
  • Members must test various functionalities including exceptional market conditions
  • Feedback must be provided by 4:30 PM on January 03, 2026
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 for testing guidelines

Important Dates

January 03, 2026 (Saturday) - Mock Trading Session Schedule:

  • Log-in: 10:15 AM to 11:00 AM
  • Pre-Open Session:
    • Order Entry period: 11:00 AM to 11:07/08 AM
    • Order Matching period: 11:08 AM to 11:12 AM
    • Buffer period: 11:12 AM to 11:15 AM
  • Continuous Trading: 11:15 AM to 03:30 PM
  • Feedback Deadline: 4:30 PM

Impact Assessment

Market Impact: None - This is a mock trading session with no impact on live markets.

Operational Impact: Low - Optional participation for members who need to test their systems or fulfill regulatory requirements. Members can alternatively use UAT environment.

Member Impact: Provides opportunity for members to test trading platforms, third-party systems, and in-house applications in a controlled environment simulating exceptional market conditions.

Contact Information:

Impact Justification

Routine mock trading session for testing purposes with no impact on live trading or market participants