Description

BSE has scheduled a mock trading session for the 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 intended for testing and familiarization purposes. Members can participate either in 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 actual trading obligations or liabilities will be created from this mock session.

Key Points

  • Mock trading session scheduled for Commodity Derivatives segment on January 03, 2026
  • Login timing: 10:15 AM to 11:00 AM
  • Continuous trading session: 11:00 AM to 03:30 PM
  • No new BOLT TWS release will be implemented
  • Members can choose between mock trading or UAT environment for regulatory compliance
  • Trading members using third-party platforms or in-house systems via IML/ETI APIs can test their applications
  • Testing covers various functionalities including risk-reduction mode, trading halt, and exceptional market conditions
  • Trades from mock session will not attract margin, pay-in, or pay-out obligations
  • No rights or liabilities will be created from mock trading
  • Feedback to be submitted by 4:30 PM on the same day

Regulatory Changes

No regulatory changes introduced. This circular relates to compliance with existing SEBI requirements for testing trading and risk management software as per:

  • SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020
  • Exchange Notice No 20201201-22 dated December 1, 2020

Compliance Requirements

  • Trading members are encouraged to actively participate in the mock trading session
  • Members must ensure testing of their trading platforms and risk management systems
  • Members using third-party empaneled vendors or in-house developed systems should utilize this opportunity for comprehensive testing
  • Feedback must be submitted by 4:30 PM on January 03, 2026
  • Contact BSE Helpdesk (022-45720400/600, 022-69158500, bsehelp@bseindia.com) or BSE Tech Support (022-22728053, bse.tech@bseindia.com) for queries

Important Dates

  • January 03, 2026: Mock trading session for Commodity Derivatives segment
    • Login: 10:15 AM - 11:00 AM
    • Continuous Trading: 11:00 AM - 03:30 PM
    • Feedback deadline: 4:30 PM

Impact Assessment

Market Impact: None. This is a mock trading session with no actual trading obligations.

Operational Impact: Low. Members have the option to participate for testing purposes and regulatory compliance. The session provides an opportunity to test trading applications under various market conditions including exceptional scenarios like risk-reduction mode and trading halts. No new system release is involved, minimizing technical risks.

Participant Impact: Voluntary participation with no financial obligations. Members benefit from the ability to test and familiarize themselves with trading systems in a risk-free environment.

Impact Justification

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