Description

BSE introduces enhanced OTD application with performance optimizations for Equity Derivatives segment, rolling out pilot testing to 30 members from January 12, 2026.

Summary

BSE is launching a pilot program for an enhanced version of the Online Trade Download (OTD) application with technical improvements for performance optimization. The pilot is limited to 30 members using leased line connectivity in the Equity Derivatives segment, starting January 12, 2026. The existing OTD version will continue to operate without any changes. Based on pilot outcomes, the enhanced version may be extended to all members and other segments.

Key Points

  • New OTD version features technical enhancements for performance optimization
  • Pilot testing limited to 30 members on first-come, first-served basis
  • Available only for Equity Derivatives segment initially
  • Requires leased line connectivity for participation
  • Existing OTD application continues unchanged alongside pilot version
  • Future rollout to all members and segments depends on pilot performance and usability
  • Members must express interest via email to participate

Regulatory Changes

No regulatory changes. This is a voluntary pilot program for technology enhancement.

Compliance Requirements

For Members Interested in Participating:

  • Send expression of interest email to bsehelp@bseindia.com
  • Provide detailed feedback on the new version once enabled
  • Participation limited to 30 members

Contact Information:

Important Dates

  • January 9, 2026: Circular issued
  • January 12, 2026: Enhanced OTD pilot version goes live

Impact Assessment

Operational Impact: Minimal. This is an optional pilot program with no impact on existing operations. Members can continue using the current OTD version without interruption.

Market Impact: None. This is a backend technology enhancement that does not affect trading or market operations.

Member Impact: Low. Only affects members who voluntarily choose to participate in the pilot. No mandatory changes or actions required for non-participating members.

Impact Justification

Optional pilot program for limited members with no changes to existing systems. Current OTD version continues unchanged.