Description

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

Summary

BSE has scheduled a mock trading session for the Commodity Derivatives segment on Saturday, January 03, 2026. This session is designed for testing and familiarization purposes, allowing trading members to test their trading applications and third-party platforms. The mock trades will not create any margin obligations, pay-in/pay-out obligations, or any rights and liabilities.

Key Points

  • Mock trading session scheduled for Saturday, January 03, 2026
  • Members can participate in either 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
  • Trading members using third-party platforms or in-house systems through IML/ETI APIs can test their applications
  • Testing includes various functionalities like risk-reduction mode, trading halt, and exceptional market conditions
  • No new BOLT TWS Release will be deployed
  • Feedback from all members is requested by 4:30 PM on the same 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 software used in trading and risk management
  • SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020

Compliance Requirements

  • Members are requested to participate actively in the mock trading session
  • Members must provide feedback by 4:30 PM on January 03, 2026
  • Members should test their trading platforms for various functionalities including exceptional market conditions
  • Participation in either Mock Trading Session or UAT environment satisfies regulatory requirements

Important Dates

  • January 03, 2026: Mock Trading Session
    • Log-in: 10:15 AM to 11:00 AM
    • Continuous Trading: 11:00 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 actual market operations.

Operational Impact: Low. Members have the opportunity to test their trading systems and familiarize themselves with platform functionalities. No margin obligations or settlement obligations will arise from mock trades.

Member Action Required: Optional participation for testing purposes. Members can contact BSE Tech Support (022-22728053, bse.tech@bseindia.com) or Help Desk (022-45720400/600 & 022-69158500, bsehelp@bseindia.com) for queries.

Impact Justification

Routine mock trading session for testing purposes with no impact on actual trading, margins, or settlement obligations