Description

BSE has scheduled a mock trading session for the equity segment on Saturday, February 7, 2026, allowing members to test their trading systems and meet regulatory requirements.

Summary

BSE has scheduled a mock trading session for the equity segment on Saturday, February 7, 2026. This session allows trading members to test their trading platforms and risk management systems to comply with 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 to fulfill regulatory requirements. No new BOLT TWS release is scheduled.

Key Points

  • Mock trading session scheduled for Saturday, February 7, 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 covers call auction sessions, risk-reduction mode, trading halt, block deals, and other features
  • No new BOLT TWS release will be deployed
  • Feedback must be submitted by 4:30 PM on the same day

Regulatory Changes

No new regulatory changes. This circular implements existing requirements under SEBI circular SEBI/HO/MRD1/DSAP/CIR/P/2020/234 dated November 24, 2020 and Exchange Notice No 20201201-22 dated December 1, 2020 regarding testing of software used in trading and risk management.

Compliance Requirements

  • Trading members must participate in either the mock trading session or UAT environment to meet regulatory requirements
  • Members using third-party trading platforms should utilize this opportunity to test their applications
  • All members are requested to provide feedback by 4:30 PM on February 7, 2026
  • Members should refer to Exchange Notice No 20201201-22 for testing requirements

Important Dates

February 7, 2026 (Saturday) - Mock Trading Schedule:

  • Login: 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 (random stoppage in last 1 minute)
  • Pre-Open Matching: 11:08 AM - 11:15 AM
  • Continuous Trading T+1: 11:15 AM - 3:30 PM
  • Continuous Trading T+0: 11:15 AM - 1:30 PM
  • Special Pre-Open for IPO & Re-listed scrips Order Entry: 11:00 AM - 11:45 AM (random stoppage in last 10 minutes)
  • Special Pre-Open Matching: 11:45 AM - 12:00 PM
  • Continuous Trading for SPOS Scrips: 12:00 PM - 3:30 PM
  • Periodic Call Auction (4 sessions of 1 hour): 11:30 AM - 3:30 PM
  • Auction for Settlement Details: 12:00 PM - 12:45 PM
  • Afternoon Block Deal Window: 1:30 PM - 1:45 PM
  • Closing: 3:30 PM - 3:40 PM
  • Post-closing: 3:40 PM - 3:50 PM
  • Trade Modification T+1: 4:00 PM
  • Trade Modification T+0: 1:45 PM
  • Feedback Deadline: 4:30 PM

Impact Assessment

Market Impact: None - This is a mock trading session with no real market transactions.

Operational Impact: Low - Routine testing exercise for trading members to ensure system readiness and compliance. Members can test their trading platforms, risk management systems, and third-party applications in a simulated environment. This helps ensure system robustness and identifies potential issues before actual trading.

Member Requirements: Trading members should allocate resources to participate in the mock session and provide timely feedback to BSE.

Contact Information:

Impact Justification

Routine mock trading session for system testing and regulatory compliance with no actual market impact