Description

BSE announces pilot rollout of enhanced OTD application with performance optimizations for Equity Derivatives segment, limited to 30 members on first-come basis.

Summary

BSE is launching a pilot version of the Online Trade Download (OTD) application with technical enhancements for performance optimization in the Equity Derivatives segment. The pilot is limited to 30 members with leased line connectivity on a first-come, first-served basis. The existing OTD version will continue operating without changes. Based on feedback, the enhanced version will be extended to all members and other segments.

Key Points

  • New OTD version features technical enhancements for performance optimization
  • Pilot limited to 30 members via leased line connectivity in Equity Derivatives segment
  • Participation on first-come, first-served basis
  • Existing OTD application continues unchanged for all members
  • Future rollout to all members and segments depends on pilot outcomes
  • Members must provide detailed feedback during pilot phase

Regulatory Changes

No regulatory changes. This is a technical enhancement initiative.

Compliance Requirements

  • Interested members must send expression of interest email to bsehelp@bseindia.com
  • Pilot participants required to provide detailed feedback on new version
  • No mandatory compliance requirements as participation is voluntary

Important Dates

  • January 9, 2026: Circular issued, expressions of interest acceptance begins
  • January 12, 2026: Enhanced OTD pilot version goes live
  • Pilot participation limited to first 30 members who express interest

Impact Assessment

Market Impact: Minimal. This is an optional pilot program for technical infrastructure improvement.

Operational Impact: Low. The enhancement runs parallel to existing OTD system, ensuring no disruption to current operations. Only participating members in Equity Derivatives segment will test the new version. Non-participants continue using existing system without any changes.

Member Impact: Voluntary participation with potential benefits of improved performance. Maximum 30 members can participate initially. Contact helpdesk at 022-45720400/600, 022-69158500 or bsehelp@bseindia.com for queries.

Impact Justification

Optional pilot program for technical enhancement affecting limited members initially, existing OTD continues unchanged