Description

BSE has scheduled a mock trading session for Equity Derivatives segment on Saturday, January 03, 2026. Members can participate to test trading systems 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 or use the UAT environment to fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members using third-party platforms or in-house systems can test their trading applications during the mock session for various functionalities including exceptional market conditions, risk-reduction mode, and trading halts.

Key Points

  • Mock trading session scheduled for Equity Derivatives segment on Saturday, January 03, 2026
  • Members can choose between Mock Trading Session or UAT environment for regulatory compliance
  • No new BOLT TWS Release planned
  • Third-party trading platform users and in-house system developers can test their applications
  • Testing covers various functionalities including exceptional market conditions, risk-reduction mode, and trading halts
  • Feedback from all members must be submitted by 4:30 PM on the mock trading day

Regulatory Changes

No regulatory changes. This is a routine testing session to comply with existing SEBI circular no. SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 regarding testing of software used in or related to Trading and Risk Management.

Compliance Requirements

  • Members must participate in either Mock Trading Session or UAT environment to fulfill regulatory requirements
  • Members should refer to Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of trading and risk management software
  • All members requested to provide feedback by 4:30 PM on January 03, 2026

Important Dates

January 03, 2026 - Mock Trading Session Schedule:

  • Login: 10:15 AM - 11:00 AM
  • Pre-Open Session:
    • Order Entry period: 11:00 AM - 11:07/08 AM
    • Order Matching period: 11:08 AM - 11:12 AM
    • Buffer period: 11:12 AM - 11:15 AM
  • Continuous Trading: 11:15 AM - 3:30 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. Provides opportunity for trading members to test their systems in a simulated environment before live trading.

Member Impact: Members using third-party platforms or in-house developed systems can utilize this session to test various trading functionalities and exceptional market scenarios in a risk-free environment.

Contact Information:

Impact Justification

Routine mock trading session for system testing purposes. No impact on live trading or market operations. Optional participation for members to test their trading systems.