Description

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

Summary

BSE has scheduled a mock trading session for the Equity segment on Saturday, January 03, 2026. This session allows trading members to test their trading platforms and fulfill regulatory requirements as per SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020. Members can participate either in the mock trading session or UAT environment. No new BOLT TWS release is scheduled.

Key Points

  • Mock trading session scheduled for Saturday, January 03, 2026
  • Members can choose between mock trading session or UAT environment for regulatory compliance
  • Third-party trading platform users can test various functionalities including exceptional market conditions
  • Testing scenarios include call auction sessions, risk-reduction mode, trading halt, and block deals
  • No new BOLT TWS release planned
  • Feedback must be submitted by 4:30 PM on the same day

Regulatory Changes

No regulatory changes introduced. This circular facilitates compliance with existing SEBI requirements:

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

Compliance Requirements

  • Trading members are required to test software used in or related to trading and risk management
  • Members may choose to participate in either mock trading session or UAT environment
  • Feedback submission required by 4:30 PM on January 03, 2026
  • Members using third-party platforms should utilize this opportunity to test various functionalities

Important Dates

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

  • Log-in: 10:15 AM - 10:45 AM
  • Morning Block Deal Window: 10:45 AM - 11:00 AM
  • Pre-Open Order Entry: 11:00 AM - 11:08 AM
  • Pre-Open Matching: 11:08 AM - 11:15 AM
  • Continuous Trading T+1: 11:15 AM - 03:30 PM
  • Continuous Trading T+0: 11:15 AM - 01:30 PM
  • Special Pre-Open for IPO & Re-listed scrips Order Entry: 11:00 AM - 11:45 AM
  • Special Pre-Open Matching: 11:45 AM - 12:00 PM
  • Continuous Trading for SPOS Scrips: 12:00 PM - 03:30 PM
  • Periodic Call Auction (4 sessions of 1 hour): 11:30 AM - 03:30 PM
  • Auction for Settlement Details: 12:00 PM - 12:45 PM
  • Afternoon Block Deal Window: 01:30 PM - 01:45 PM
  • Closing: 03:30 PM - 03:40 PM
  • Post-closing: 03:40 PM - 03:50 PM
  • Trade Modification T+1: Until 04:00 PM
  • Trade Modification T+0: Until 01:45 PM
  • Feedback Deadline: 4:30 PM

Impact Assessment

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

Operational Impact: Low - Optional participation for trading members. Provides opportunity for members to:

  • Test trading platforms and applications
  • Validate system functionality under various market conditions
  • Ensure compliance with regulatory testing requirements
  • Test third-party trading platforms
  • Prepare for exceptional market scenarios

Member Impact: Beneficial for members who wish to test their systems, validate software updates, or fulfill regulatory obligations in a controlled environment without live market risk.

Contact Information:

Impact Justification

Routine mock trading session for testing purposes with no impact on live trading or investor portfolios. Participation is optional for members.